Page 48 of Credit Education and Personal Finance Articles

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Trends and Factors Affecting Generational Financial Trauma

The financial experiences people have early on, whether positive or negative, shape their relationships with money for life. They can affect how people handle paycheck deposits, savings accounts, bills, and credit cards well into adulthood.

COVID-19 Pandemic Holiday Shopping

The “new normal” of the coronavirus pandemic has made most everything different, including holiday shopping Check out these tips on holiday shopping during COVID-19 in this article by Credit One Central.

Which Accounts are FDIC Insured and for How Much [Infographic]

Is My Account FDIC Insured? And for How Much? [Infographic]

Are your accounts and funds insured by the FDIC? If so for how much are they insured? Since the FDIC’s formation back in June of 1933, no investor has lost any of their funds insured by this independent federal government agency.

How & Why to Create a Digital Wallet

If you’re still using cash, credit, or debit every time you buy something and are looking for a simpler way to make your payments, creating a digital wallet—aka ‘mobile wallet’—may be the answer. Digital wallets offer a convenient alternative to traditional payment methods, and they don’t require you to carry a wallet full of cash or credit or debit cards to make a purchase.

Secured Credit Card Deposits

A secured credit card is a good way for those with little or no credit history to build credit. But there’s one major difference between a secured and an unsecured, or traditional, credit card. A secured credit card requires that some security, or collateral, be tied to it to minimize the card issuer’s risk. This collateral is in the form of a monetary deposit, which the card holder is required to make before they can start using a secured credit card. This deposit is typically equal to the credit limit of the secured credit card.

Is It Better to Purchase Gas with a Credit Card?

You pull up to the pump, shut off your engine, and reach for your wallet. You’ve got enough cash in your wallet to fill your tank, but you also have a credit card or two in there, both of which the gas station accepts.

Renting a Car with Credit Cards

While most rental car companies will let you settle your bill in cash when you return the car, some will not let you reserve a car with a cash deposit at the beginning of the rental transaction. Other rental car companies may let you rent a car with a cash deposit, but you will most likely have to clear multiple hurdles first—providing proof of insurance, showing a paycheck stub, filling out an application and possibly paying a fee, providing copies of utility bills, and more—plus, you may have to pay the entire cost of the rental up front.

NEWER POSTS

Page 48 of 73

OLDER POSTS

This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.

Your request is being processed.

Please wait.