02 Sep
The roots of credit unions are traced initially in Europe however the American model of them only became identified during the early twentieth century, taking on the ideas that the European forefather movements had been creating for centuries.
CU Beginnings
Through the Renaissance period, mental and technological developments helped strengthen the financial facet of the guild system. This allowed the expansion of capital and wealth of the service provider class and other professionals, and finally paved a approach for the middle class. Read the rest of this article...
01 Sep
A merchant account can be a means for you to obtain a business cash advance should it become a necessity. Today’s business person will most likely acquire a merchant account. Merchants accounts are the means in which a patron enters your establishment and uses their credit card to purchase the product or service that you are selling. A company handles these services for you in making sure that the purchaser’s account is charged and the funds spent at your place of business, minus a small percentage, is credited to your bank account. Read the rest of this article...
31 Aug
Students – Do you know what your credit card is truly costing you and how you can save money by making an online student credit card application for a card with a lower interest rate?
Many students take out a student credit card without being aware of the hidden fees that many credit card companies are charging. In fact, if you don’t keep close tabs on your credit card, you may end up paying hundreds of extra dollars per year-without ever really knowing it! Read the rest of this article...
30 Aug
Can a bad credit rating save you from bigger problems? Hasn’t it done just that for many young people? I’ll explain how with a couple true stories that happened.
Good Credit Rating Story
My friend started his adult years with a very good credit. Soon he was able to get credit cards at will, as well as finance cars, snowmobiles and more. He made the payments, and went deeper and deeper into debt while he was at it. When he was 32 years old, he had over $50,000 in credit card debt, plus loans on cars and business tools. Read the rest of this article...
26 Aug
A credit score is a amount on a scale of 300-850 that is utilized by mortgage lenders, merchants, and credit card companies to decide your line of credit, your interest rate, and additional significant financial information. The Fair Isaac Company (FICO) is the benchmark agency in determining credit; it’s used by practically everybody who checks credit scores. A FICO score that is high is more impressive to mortgage lenders. Read the rest of this article...
