Bank Spread A bank spread is the difference in the interest rates earned or paid on loans and deposits. This is key for banks because banks use the spread to make money. For example, if the bank’s cost of funds is 3% and they can earn 5% on their loans, they would have a 2% … Read more
Credit checks are a regular part of lives and some may happen without our knowledge. A credit check is done to obtain a credit card, purchase a house or obtain a job. Not every credit check is bad. But we should be careful in how we use credit and obtain credit. What Is A Credit … Read more
Staying on top of your credit card bills is a key part of building and maintaining strong credit How can you make credit card bill payments How to make a credit card bill payment It is important to make a credit card bill payment on time. If you can not make a payment on time, … Read more
Managing your money by watching your checking account balance What’s the difference between current balance and available balance? what is Current checking account balance What is Available Checking account balance Is the available balance shown reliable? Which balance should I rely on when making payments? Managing your money by watching your checking account balance What … Read more