Due to the overwhelming amount of consumer debt that scores of people take on these days, many, at some point, are forced to make a decision about their financial situation. This decision can often rest on one of two choices: bill consolidation or bankruptcy. Making a choice between these two options isn’t easy and should not be taken lightly. While bill consolidation works wonders for many, some people may actually benefit more from filing bankruptcy. Bill Consolidation Bill consolidation allows you to combine multiple debts into a single loan with one monthly payment. If you have various credit cards and…
A few weeks ago, I received an email and text message alert from our credit union, notifying me that someone had stolen my debit card information. They had attempted to run three charges against it, exceeding the available balance in the process. My initial reaction was to get a little upset. How could my card information have been stolen? I am so careful. In my mind, I quickly ran through a laundry list of reasons why this shouldn’t have happened. Checking my wallet; yep, I still have the card. I haven’t left it anywhere; so, it hasn’t been out of…
A superior knowledge in personal finance is obtainable from many sources and receiving that education at a young age is an excellent way to insure a brighter future that extends into adulthood by establishing habits pertaining to earning, savings, and spending money. Learning these lessons in banking, investing, loans, jobs, charity, and criminal activity as a teenager can prevent you from falling into the trappings of debt later in life and allow you to maintain focus without stress on what really matters.
Acknowledged by many, the Federal Deposit Insurance Corporation has been with us for more than 70 years helping protect depositor finances and offering useful banking resources. This edition of consumer news addresses information regarding FDIC misinterpretations, what is new and not new with FDIC insurance, insuring a small fortune whether it is inheritance or pension, an easy to use calculator (i.e. Electronic Deposit Insurance Estimator) for examining your deposits insurance limits, frequently asked questions about debit cards, and financial preparation for travel overseas.
How prepared are you for natural catastrophes such as hurricanes, tornados, and earthquakes, become skilled at emergency readiness with these FDIC provided financial steps on navigating your way through housing relocation, obtaining essential supplies, and criminals looking to prey upon you when you are at your weakest moment. In addition, several points of interest have been included to educate you on what your financial institution is doing to protect your money from online hackers, internet fraud, identity theft, and their implementation of the latest security measures.
Ones entry into retirement necessitates preparation and awareness of what is to come, goals you would like to achieve, and the quality of life you would like to obtain. Learn about safeguarding your money, annuity investments, retirement strategies, theft of identity, fake deeds acquired by scam artists, deception by a relative, crimes concerning the deceased, dealing with being a victim of fraud, legal document organization, daily money management, and the seven things you should know about FDIC insurance in this special seniors and family guide.
Ready for that first checking account or has the point in time come to begin researching new establishments suited to house your finances. Find out about inquiries you should make concerning mortgages, home equities, credit cards, checking accounts, certificate of deposits, credit reports and scores, internet transactions, new account gifts, and reviewing your existing services periodically. In addition, learn about news relating to fraud and security infringement and risks to your personal information when purchasing items from retailers or companies that handle your credit transactions.