What types of credit cards pays the customer for using the card? February 14, 2010
Posted by Banking in : Credit , 4comments
Can you please include the types of cards that a 19- year- old can get. What I mean is, some credit cards are difficult to receive based on age etc. I have a credit card and I dont like that company and I am about to actually close the account, but I want another credit card..Submited by:kiwi753
Can I maintain a bank loan for a vehicle that is destroyed w/ no insurance? February 13, 2010
Posted by Banking in : Personal Finance , add a comment
Horribly enough, my husband attempted suicide in his truck and the truck burned up and he received horrible burns in the process. If that isn’t enough to deal w/ the police said that if we file an insurance claim for the 1.5 y/o truck that they will prosecute him for arson and insurance fraud. So, I have a loan for 3.5 more years. If we maintain possession of the truck and continue to insure it, can the bank call in the loan if they find out? I changed the insurance to storage insurance only which is legal. I don’t know if I should come clean w/ the bank and try to get them to refinance it as a signature loan, or if I should just keep quiet. I don’t have the $24,000 that is owed on it, and don’t have that much equity in my home. I have 2 kids, and can not lose my house. Does anybody have any knowledge on where I stand w/ the bank? We have a very good relationship w/ our bank and we hate to lose it and not have them help us in the future. So don’t want to screw them over.Submited by:Trouble
How can the Federal Reserve influence banks’ willingness to expand or contract the money supply? February 13, 2010
Posted by Banking in : Economics , 3commentsAmy B asked:
Explain the role of banks in determining the money supply in the United States. How can the Federal Reserve influence banks’ willingness to expand or contract the money supply?
Can you sue a bank for harassment and freezing your bank account? February 13, 2010
Posted by Banking in : Law & Ethics , 5comments
brenda e asked:
Can you sue a bank for harassment and freezing your bank account? I have been banking with this bank for 20 years now. And I owe them nothing. I am in some legal trouble with another bank that has nothing to do with them. Does anyone have any advice? I don’t see how they can freeze my account when I owe them nothing.
Can you sue a bank for harassment and freezing your bank account? I have been banking with this bank for 20 years now. And I owe them nothing. I am in some legal trouble with another bank that has nothing to do with them. Does anyone have any advice? I don’t see how they can freeze my account when I owe them nothing.
How many credit cards should a person have? February 13, 2010
Posted by Banking in : Credit , 11commentsKat asked:
I know having too many is not good for a person’s credit score and looks bad to those checking this credit. But not having any credit (such as cards) is not good either. So is it best to have more than one card?
How many Credit Cards are there in each country worldwide? February 12, 2010
Posted by Banking in : Credit , 3comments
eyaljosch asked:
I want to advertise a product via the internet, for the international market. It can be bought only by a Credit Card.
I want to advertise a product via the internet, for the international market. It can be bought only by a Credit Card.
Therefore I would like to know, per each country in the world, how many Credit Cards are there, or: How many Credit Cards per resident in each country?
What does transfering money to your credit card account do? February 12, 2010
Posted by Banking in : Credit , 3comments
Brandon S asked:
Obviously you pay off a credit card bill with a check or using bill pay through your bank. I have a credit card account through Wells Fargo, and I notice that when I choose to transfer money from my checking account to one of my other Wells Fargo accounts, I can transfer it to my savings as well as my credit card account. What happens when I transfer money to my credit card account? I did not know you can do such a thing. Is that for stashing cash away so I have money come bill paying time?
Obviously you pay off a credit card bill with a check or using bill pay through your bank. I have a credit card account through Wells Fargo, and I notice that when I choose to transfer money from my checking account to one of my other Wells Fargo accounts, I can transfer it to my savings as well as my credit card account. What happens when I transfer money to my credit card account? I did not know you can do such a thing. Is that for stashing cash away so I have money come bill paying time?
How do I go about opening a bank account? February 12, 2010
Posted by Banking in : Other - Education , 3comments
I’ve never had enough money before to need a bank account. Now that I earn money, what is the process of banking? Do I open a checking or savings account or both? What bank do you use? suggestions pls?Submited by:nomakeup
What type of jobs can I get with a degree in Banking and Finance? February 11, 2010
Posted by Banking in : Financial Services , 1 comment so far
William G asked:
I’m starting school this fall for my degree in banking and finance. I’ve got an idea of what I plan on doing, but I just want to know what my other options could be.
I’m starting school this fall for my degree in banking and finance. I’ve got an idea of what I plan on doing, but I just want to know what my other options could be.
How do I switch credit cards and not affect my credit score? February 11, 2010
Posted by Banking in : Green Living , 4comments
salena asked:
I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this “possible credit” to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?
I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this “possible credit” to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?