If you frequently find your bank account running low or have bounced a few checks, you might be flagged in the ChexSystems database. This system helps banks keep track of customers who have had trouble managing their accounts. If you had issues at one bank, it’s not easy to just open a new account at…
Is online banking better or should you stick with a traditional bank? Since 2011, about 700 million people have opened bank accounts, and many now prefer online banking over local banks or credit unions. I personally find online banking saves a lot of time, but I understand why some people prefer traditional banks. If you’re…
Many of us live in places where driving a car is necessary because public transportation isn’t great or doesn’t exist. As a result, filling up our gas tanks can get expensive, especially if you drive long distances daily or often shuttle kids around. Since I mostly drive my kids around, I’ve found two fantastic apps…
Recent trends in the lending market show a decline in secured loan approvals from traditional banks, leading more people to turn to independent lenders for their financial needs. The Bank of England recently noted a drop in secured loan approvals from June to September 2014. Predictions suggest that these approvals have hit their lowest point…
## What is a Current Account? In India, banks offer two main types of accounts: savings accounts for personal finances and current accounts primarily designed for business needs. Current accounts are typically used by businesses, trusts, sole traders, and other organizations. They function similarly to regular bank accounts but provide several benefits: unlimited withdrawals and…
Shopping online is super convenient, but it also has its risks. One of the big concerns is the potential for your personal information to be stolen. Recently, it’s been discovered that cybercriminals are exploiting a security flaw found in about 71,000 e-commerce websites, putting your data at risk, including your stored credit card information. Most…
A couple of years ago, I was searching for life insurance but felt lost trying to choose between Term Life and Whole Life Insurance. Naturally, I set up a meeting with an insurance agent who explained the differences and suggested what would suit my lifestyle best. Choosing between these two types of insurance is something…
If you’re thinking about leasing a car, it’s important to remember you’ll need to cover two main expenses: the monthly car payment and the auto insurance premium. Even if your budget is tight, you have to include these costs to keep your car. MANAGING YOUR CAR COSTS Adding an extra expense might be annoying, but…
Halloween isn’t just about costumes, trick-or-treating, and scary movies. It’s a great time to use your unique skills or hobbies to make some extra money. By earning a bit more during autumn, you can avoid holiday debt when Christmas rolls around. If you haven’t made any plans for Halloween yet, why not use the opportunity…
With rent prices constantly going up, fewer people are able to make the jump from renting to owning homes. More and more renters are finding that a big chunk of their income is going towards rent, which makes it tough to save money for a future down payment. Zillow’s latest report shows that less renters…