Multiple US banks are taking a stand with consumers and are amending their overdraft policies to scrap, and sometimes reduce, overdraft fees. An overdraft occurs when a bank allows a customer to withdraw more cash than is in their account. The bank pays the difference as a form of credit. The Average Overdraft Fee …
US Banks To Scrap Overdraft Fees Making Borrowing Cheaper For Consumers Read More »
Federal Student Loans Have Been Increasingly Popular In Recent Years Federal student loans are a form of financial assistance to help college students pay for costs associated with higher education. The first US Government backed student loans were offered in 1958 under the National Defense Education Act. The uptake in student loans has boomed …
What You Need To Know About Biden’s Changes To Student Loans Read More »
With US inflation rising to a whopping 6.8% in 2021, times are tough for US citizens struggling to make ends meet. The wave of minimum wage increases that 2022 is ushering in comes at a time where it’s truly needed, with the Coronavirus impacting job security, wages and spending. Key Points The inflation …
Minimum Wage To Rise in 50% Of US States In 2022 Read More »
Yes, you can! When you need money, you may be stressing about how your imperfect credit record may impact your implication. Well, stress no more! There are plenty of options for you even if you haven’t had a perfect financial history. Key Points: No credit check loans are there to throw a lifeline …
An arrangement to pay is the term given when a customer is struggling to repay their loan, but agrees with the lender to pay in small amounts over a longer period. The borrower is unable to repay their loan on time, so they make ‘an arrangement’ to help clear the balance under different, but more …
APR is an acronym for Annual Percentage Rate and tells you what the interest applied to your loan is for a whole year, expressed as a percentage. The APR represents the cost of borrowing and it is used to measure and compare all financial products across the world as a yardstick, including products such as …
