How to Get Pre-Approved for a Mortgage and When to Start Trying
A pre-approval letter for a mortgage gives you an edge over other buyers in a competitive market. It streamlines the home buying process. It also shows what you can really afford before you sign on the dotted line.
Money Market vs. CD: How to Choose the Best Investment for You
If you’re saving up for a big purchase such as a dream vacation or even just a grocery-getter car, money market accounts and CDs are two great tools that’ll help you get there. But you should know the difference between these two options.
Do I Have to Pay Taxes on Bank Account Interest?
The amount you owe in taxes will depend on two factors: how much interest you earned and your tax bracket. We’ll break down how to find out how much you owe and how to reduce your tax bill.
How to Open a Bank Account Online the Easy Way: A Step-by-Step Guide
Banking has come a long way since the days of our parents. Perhaps even you have memories of the weekly hassle of standing in line at a brick-and-mortar bank waiting to conduct your business?
CD vs. Savings Account: Which is Right for You?
CDs and savings accounts are two of the most popular ways to save money with a bank. Both pay interest and can help you accomplish your savings goals. However, each one has specific features that make it best for different uses.
How to Freeze Your Credit If You Need To Stop Fraud In Its Tracks
It seems like big corporate data breaches are happening just about every day now. Learn how to freeze your credit so that potential creditors can’t look at your credit report and therefore fraudsters can’t open accounts in your name.
How Many Bank Accounts Should I Have? At Least These 3
One of the easiest ways to do so is to open multiple bank accounts and use them accordingly. But how many bank accounts is enough, and how many is too many? The answer depends on your individual situation.
Credit Union vs. Bank: How to Decide Which One is Right for You
Your first big decision when finding a place to store your money is whether to choose a credit union vs. a bank. Though similar, there are some very real differences between these two institutions that may affect your banking experience.
Checking vs. Savings Account: What’s the Difference? (Plus Extra Tips)
When you think about checking vs. savings accounts, they seem almost identical at first glance. Both are used to safely store your money. But when you boil it down, there are some major differences between these two types of accounts.
What are Savings Accounts and How Should You Use Them?
A savings account is a type of deposit account offered by banks and credit unions. They are insured up to $250,000 and limited to six withdrawals per month. To understand how savings accounts work, you first have to know how banks operate.