How to Protect the Elderly Against Financial Fraud

How to Protect the Elderly Against Financial Fraud

On average, at least 1 out of every 10 elderly people within the United States became a victim to fraud within the past year. In total, there are approximately 8 million cases of fraud among the elderly each year. The losses incurred as a result of fraud among the...
Do Scammers Pretend to Be a Bank?

Do Scammers Pretend to Be a Bank?

It is a known fact that scammers consistently engage in activities that attempt to illegally obtain the personal information of individuals. The ultimate goal is to gain access to a victim’s money. In recent years, there has been a vast array of scams making their way...
Bank Statements are Critical to Financial Livelihood

Bank Statements are Critical to Financial Livelihood

Consistently reviewing bank statements can become a critical asset to your financial health. A bank statement is a very important financial summary of all monetary transactions that occurred during the previous month. Let’s learn how to understand them with the...
When is My Money Covered by the FDIC?

When is My Money Covered by the FDIC?

The FDIC provides insurance coverage to your money under deposit insurance when your money is placed in a bank that is FDIC-insured. This coverage kicks in if the bank experiences a failure. Each depositor is insured at each bank for each ownership of an account in...
How to Get a Small Business Loan for Your Startup

How to Get a Small Business Loan for Your Startup

If you have a new small business, it is quite likely that you know and understand that it costs money to get it up and running. Funding your startup business with a loan might be one of the first among many tools you consider. It is also one of the most critical...
Credit Card Checks and Cash Advances – The High Cost of Convenience

Credit Card Checks and Cash Advances – The High Cost of Convenience

Credit cards are often considered to be a necessary component of one’s personal finances. They offer consumers a number of advantages. As a consumer, you should know the pros and cons to reap the benefits and not fall prey to the dangers. Many companies offer credit...