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Open-End Credit - How Open Credit Works ; Merits And Demerits
Bank & Financial

Open-End Credit – How Open Credit Works ; Merits And Demerits

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What is Open-End Credit? Open-end credit is a line of credit that may be used up to a specific preset limit. It is also known as revolving credit and has …

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Lines of Credit: The Basics And How Lines of Credit Work
Bank & Financial

Lines of Credit: The Basics And How Lines of Credit Work

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Planning a home project or some unexpected car maintenance expenses?  Lines of Credit could be what you need to take up those or other big costs. What is a Line …

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Financial Literacy - Why Financial Literacy Is So Important
Bank & Financial

Financial Literacy – Why Financial Literacy Is So Important

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Understanding how to make sound financial decisions to confidently manage and grow your money is financial literacy and it’s quite important. The importance of financial literacy cannot be overemphasized as …

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Debit Balance - Determining The Amount Owed: Debit Or Credit?
Bank & Financial

Debit Balance – Determining The Amount Owed: Debit Or Credit?

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What is Debit Balance? A debit balance is the amount of money an investor owes on a margin loan. It is calculated as the amount the investor directly owes his/her …

Debit Balance – Determining The Amount Owed: Debit Or Credit? Read More
Fair Credit Billing Act – FCBA - Prompt Credit And Corrections On Your Bill
Bank & Financial

Fair Credit Billing Act – FCBA – Prompt Credit And Corrections On Your Bill

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What Is the Fair Credit Billing Act?  The Fair Credit Billing Act – FCBA is an act that expects that a credit card issuer promptly credits your payments and make …

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www.go2bank.com/start - Activate Your GO2bank Card
Bank & Financial

www.go2bank.com/start – Activate Your GO2bank Card

by Chris Git

  Did you sign up for a GO2bank account? If yes, please pay attention to this information. As you have signed up for a GO2bank account via the waitlist and …

www.go2bank.com/start – Activate Your GO2bank Card Read More
What is Credit Review? Purposes of Annual Credit Review
Bank & Financial

What is Credit Review? Purposes of Annual Credit Review

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Credit review which also goes by the name account monitoring is an annual assessment. That is conducted by lenders and creditors on clients. With an outstanding loan or credit lines. …

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A Letter Of Credit - The Different Types of Letters of Credit
Bank & Financial

A Letter Of Credit – The Different Types of Letters of Credit

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There are various types of letters of credit even though five are commonly used. Each of them comes with different features and some are more secure than others. At other …

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Closed-End Credit - How Closed-End Credit Work
Bank & Financial

Closed-End Credit – How Closed-End Credit Works

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What is Closed-End Credit? Is a type of loan where a fixed amount is borrowed and paid back over a specified period. Examples of closed-end loans include auto loans and …

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Credit Reporting Agency
Bank & Financial

Credit Reporting Agency – Get Information On Your Bill Paying Habit

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A credit reporting agency also is known as a credit bureau, is a data collection agency. The agency gathers account details from creditors and provides that detail to a consumer …

Credit Reporting Agency – Get Information On Your Bill Paying Habit Read More

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