A credit score is the outcome of a mathematical algorithm applied to a credit report as well as other sources of information related to finance to predict future ability to pay debts. Scores range between 300- 850, whereby 300 is very poor, and 850 is excellent. Most banks want to know how you have been…
Millions of people in the world do not like walking with money. There is a significant risk while walking with cash in your pockets. You might lose them on your way, or meet thieves who then steal from you. Credit cards are generally for people with good credit records. However, people with poor credit records…
There are millions of people in the world who do not like using real money for shopping or doing other transaction types. They prefer using credit cards, debit cards, or prepaid cards. As long as you have a checking account, you can quickly get a credit card or debit card. In this article, you will…
A credit score refers to a numerical expression based on the analysis of a person’s creditworthiness. Banks report to the credit bureaus periodically with detailed reports on individuals with bank accounts and their financial behavior. If you default payment of loans, then you lower your credit score. However, if your credit score worsens, then there…
A credit card is a special card that allows you to borrow money from your financial institution to spend on shopping, payment of bills, as well as withdrawing cash from ATMs. Credit cards issuers mostly consider people with good credit records because they want to be sure that you will be able to pay back….
In this world, if you want to develop financially, loans are the only way whether you have formal education or not. You cannot depend on your income to do developments. Furthermore, it is easier to get no proof of income loans self-employed today than before. More and more financial institutions are ready to help the…
What is your credit score? Have you been paying loans and debts on time? What about your monthly bills? If you adhere to the set deadlines in paying off debts and loans, you set a good credit record with your financial institutions and vice versa. People with bad credit find it difficult to access credit…
A bank account is a special entity created for you by a bank whereby you can deposit money to earn interest per given time, receive a salary, receive funds from other people, or send money to others. When you open a bank account, the bank gives you an account number that identifies you. In this…
Many people are used to regular plastic credit cards, which you can use to buy goods and services at physical shops and service centers that accept them. However, there are virtual cards which you can use to purchase products and services. You can get an instant approval virtual credit card from most companies such as…
A bank account is a kind of financial setting that allows a customer to deposit, receive, or send money. It is unique for each customer whereby each one of the available customers has a bank account number distinguishing them from the others. However, without a bank account, there are options on how to send money…
