Applying for a credit card can be frustrating especially if you have a bad credit history. A bad credit history implies that you show a habit of high-risk behaviors like skipping payments, loan defaulting, paying bills late, maxing out credit cards, being auctioned or having an account sent to collections. However, people with bad credit…
A credit card is a type of card that you can use to buy goods and services. In appearance, a credit card resembles a debit card and a prepaid card. However, their operation differs in several ways. A credit card enables you to use credit to buy goods and services at places where they accept…
Individuals with no credit usually experience a hard time getting approved for a credit card and they wonder how to get a credit card with no credit? This is because most credit issuers require applicants to have some good credit history including a credit score to approve a new credit card to new applicants. However,…
Different types of accounts exist in financial institutions. Some of these accounts include savings accounts, money market accounts, and checking accounts, among others. A checking account is a type of account that allows access to money anytime from your bank. Many financial institutions offer a free online checking account no opening deposit to any willing…
In financial language, a loan is the sum of money that either an individual, a group of people, or a financial organization lends money to an individual group of people or an organization to be returned with interest. The loans do not require checking of your credit history. That is why you can get first-time…
A credit card refers to a payment card issued to users to enable them to pay a merchant for goods and services based on an agreement between the cardholder and the card issuer to pay for the amount owed plus other agreed charges. The cheapest way to accept credit card payment it depended on the…
Credit cards are prevalent among people with bank accounts in different banks across the US. The cards have also gained a lot of popularity among all the nations of the world. Businesses have invested in the relevant technologies that aid in credit card payment. The best way to accept credit cards for small businesses is…
Credit cards are electronic payment cards that have plastic as the primary material. In addition, they have a magnetic strip that stores data for machine recognition. Every time you swipe your card, the information inside the strip enters the reader system. Some card readers can utilize smartphones to process information. A credit card reader for…
A prepaid card debits money from an associated bank account. It requires you to use a set PIN for verification to do the process of funds debiting to the concerned account. The pin minimizes theft. Good examples of prepaid cards include phone cards and gift cards. Prepaid cards are reloadable. To reload the card, you…
A routing number in America is a unique number used by banks according to their location. It helps to identify banks. A routing number allows people who wish to make transactions with individual banks. On the other hand, account numbers help to identify an individual’s account with a particular bank. For you to send money…
