Related Services - The following company listings on the Debt Consolidation Loan Directory are offered to assist you with handling your credit card bills and other monthly payments. Also, in addition shop for other financial services ranging from credit card offers to home and car insurance.
- Debt Consolidation Program - Are your bills piling up? Lower your monthly payments and consolidate them with a debt consolidation loan or a related service.
- Personal Loan Rate - This type of lending is most often structured as an unsecured debt. This means your personal property or house will not used as collateral. Your approval (or denial) will usually be based upon your payment / credit history and your ability to repay the loan. This type of credit is also often called a signature loan.
- Debt Settlement Help - Are you finding yourself unable to meet your monthly budget because of too many credit card payments? Negotiating your debts may or may not be the right choice to get help with your financial situation. Compare programs designed for helping people with similar debt problems.
FDIC Insurance: Do You Know As Much As You Think You Know?
Misconceptions: A Top 10 List
Misconception Number 6: Any product sold by a bank is insured by the FDIC.
You know the FDIC insures deposits, such as checking accounts and certificates of deposit (CDs). But in recent years banks also have been offering an array of financial products — including stocks, bonds, mutual funds, annuities and other insurance products — either directly or through other companies. These other products are not FDIC-insured — even if they were sold by a bank — and in some cases they could lose value.
To help minimize confusion, federal regulators require FDIC-insured institutions offering or advertising an investment to a customer to disclose that the product is not FDIC-insured, is not guaranteed by the bank or savings institution, and is subject to investment risk, including the possible loss of principal (the money invested).
FDIC Consumer News is published by the Federal Deposit Insurance Corporation
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Last updated on 5/09/2006