Perhaps you have just started your first career, or perhaps you have had a job for a while and want your checks cashed without the obnoxious 3 dollar fee, your coworkers or parents might tell you consider using a bank. But you’ve heard things about evil banks, predatory loans, and high credit card fees. So you are unsure and wondering, how do you find a safe bank that is right for you? Here we’ll explain how to find a bank, how to open your first account, how to use debit cards, and how to establish safe lines of credit.
The first thing you’ll notice when looking for services that banks offer is that they are very hard to find. Most banks expect you to ‘as if by magic’ know what kind of account you want to open and what bank to use. For first time bankers, you generally want to go to a bank that is close to where you live and work. Think about ATM locations that are close to you and will be easy to use. You can cash checks and withdraw money from an ATM for free, if it is with your bank. Otherwise banks will charge … Read the rest
Moving day is stressful, whether you’re relocating across town or across the country. Preserving your sanity and busting your stress to make moving day a breeze is a matter of staying organized, focused, and calm, and these tips will help you do just that.
The Day Before the Movers Arrive
Go to the store and stock up on everything you’ll need for moving day so that you won’t have to stop what you’re doing to make quick store runs. Buy some bottled water and snacks for your helpers and the movers, and make sure you have all the last-minute cleaning and packing supplies you need.
Make a detailed list, and check it twice. Having a list builds a foundation for the process, and makes dealing with any unforeseen issues pass much smoother.
The night before the movers come, go through the house and pack up any last-minute items, toss any leftover trash, and make a point to organize your packing supplies, cleaning supplies, and other important items that you’ll need on moving day.
Charge your cell phone and other devices fully so that they’re ready for the day.
You’ll need to be alert and energetic tomorrow, so eat a … Read the rest
It is well known that a “good” credit score drives the loan eligibility. Whether you need an urgent loan to fund a home improvement plan or to work on a great business idea, a credit score above 750 points would play a crucial role in making you eligible for the same. In contrast having a moderate score from 600 to 700 points can put you into a difficult situation.
Having a score less than 700 points makes you ineligible to borrow at the best of interest rates. You would either need a loan security to borrow or you would need a credit improvement plan. Let’s explore each aspect of improving your score step by step below:
Understand how credit check works
Every time you apply for a loan or a credit card, the lender makes a query regarding your past credit history and score to any of the top credit bureaus. Based on your past credit rating, the lender would qualify you for the loan. Higher is the score, the less risky is your profile for loan.
This credit check is hard credit check and makes a footprint in your credit report. Multiple credit checks in a short duration hurts … Read the rest
Credit cards are a boon in many ways for it has features and benefits unlike any other form of plastic money. In fact they are the best devices to handle emergencies and also times wherein you need a loan to make your dreams come true. This is because the proper use of credit cards helps you build a good credit history thereby positively affecting your standing with the bank.
Interest rates charged by the bank
Credit cards offer the facility for deferred payments for which an interest is generally charged. There are two ways in which a customer can avail of this facility:
- Wherein the customer is unable to pay the total outstanding on his credit card and
- Instances where the customer makes a lump sum single amount transaction.
In the first instance the customer is just required to pay a minimum amount. Interest is charged on the balance remaining amount as well as on any further transactions taking place.
In the second instance the customer has to pay an interest rate only on the single amount he wants converted into flexible pay. No interest is charged on his other transactions if he pays them off within the due date.… Read the rest