Banking & Credit Information

How much do you know about managing your finances and using the the services of banks and credit to your advantage?

Banking today is quick, easy, and convenient, especially if you are able to do your banking online.

We provide you information on banking accounts and banking services. Learn how to choose and manage your checking account. Should you have a savings accounts and how should it be managed?

There are important points you should know when shopping for a credit card and more importantly knowing the tips on using it properly. Today, you hear a lot about getting your credit report and understanding your credit rating. Find out what credit information is important and how to correct errors. Know your credit score and learn what it means.

Bank Accounts - Bank accounts are set up so you can deposit your money into an account entrusted by a bank.  You can then make additional deposits or withdrawls into the account.  With the advent of the Internet and enhanced security features, more banks offer banking online which can make the transfer of funds easier. If you haven't tried online banking your should learn more about it.

Checking Accounts - Choosing the right checking account can be easy, but here are a few things you should be aware of. Many checking accounts claim to be free, but there might be some fees involved. Take a look at the different types of accounts, what fees you might be charged, how banks withdraw the money from your account, why banks no longer have to return your canceled checks to you.

Savings Accounts - Savings deposits are accounts maintained by banks, savings and loan associations, credit unions, and mutual savings banks. Savings accounts allow you to set aside a portion of your liquid assets. Some people might still believe in putting your money under the mattress, but we recommend that you consider putting some of your hard earned money into a savings account.

Credit Cards - One of the most important steps in choosing a credit card is thinking about how you will use it.   If you expect to pay your monthly bill in full, and other features such as frequent flyer miles don't interest you, your best choice is probably a card that has no annual fee and offers a long grace period.

There are so many different credit card offers today, it can be confusing to select the card that meets your needs. Our best advice is to shop around. Visit the different credit card company websites and read what they offer. Also, remember to read the fine print, so credit card companies have very high interest rates and your payments can be increased overnight.

Credit Rating, Credit Reports & Credit Scores - Do you know the difference between the different credit reports and credit scores? Did you know that the Fair Trade Reporting Act (FCRA) requires each of the 3 nationwide consumer rating companies to provide you with a FREE copy of your credit report, at your request, once every 12 months?  We provide you the information and links to help you make sense of your credit history.