The term CD stands for Certificate of Deposit. A CD is simply a short- to medium-length investment. They are FDIC insured and are available for purchase at banks, credit unions, and savings and loans. CD’s are a good way for some consumers to get higher interest rates on their money, but there are some issues associated with them that consumers should know about before signing up for one.
Tips For Safe And Secure Banking
Although most of us never have any security problems with are banking, fraudsters and identity thieves are finding more and more ways to steal our hard earned money. If you are careless with your banking then you can make it very easy for people to access your details and steal your money. If you want to keep your banking safe and secure, then follow these simple steps.
Understanding Your Bank Account Details Better
With so many different terms floating around, banking terminology can get really confusing. If you are someone who doesnt know their AER from their APR and their PIN from their Chip, then this guide to common banking terms could enlighten you.
Understanding Your Credit Score
Understanding credit scores can be confusing to some people. It is no wonder. While credit scores are one of the most important parts of living in today’s world, they are not usually taught in school. You, more or less, have to learn this on your own.
Saving And Investment Options At The Bank
Your bank can do more for you than simply hold your money and issue checks. Many banks, especially larger national banks, also offer investment and savings options for customers. Here are some of the more common ones:
Short-term Vs Long-term Disability Insurance
It is not surprising that many consumers believe that long term disability insurance is the only type of disability insurance available. Long term is by far the most common type purchased by consumers as well as the most common type offered by employers and membership organizations. However, there are short term disability insurance polices on the market and they can be useful when needed. This article examines some of the more common aspects between the two types of disabili…
Should I Open A Savings Account?
Opening up a savings account can be a great idea for some consumers but it may not be the right choice for all consumers. This articles examines what a savings account is and for whom it might be advantageous to have one.
Protect Your Checking Account
Some may believe that losing money from a personal checking account mainly takes place through online transactions. The truth is there are several ways that scam artists can get money out of your account if you are not careful.
Organize Your Banking Papers
One of the most popular New Year’s resolutions is to get organized. Yet, a few days after those resolutions are made, most people decide to move on to something else. For many people, getting organized is like taking a cold shower in that it is best done only when it has to be done. But getting your banking papers and other financials in order does not have to be torture.
Make The Time To Balance Your Checking Account
Having a checking account is a great way to keep track of your money and pay bills. Most Americans have a checking account, but many of these same people do not know how to balance their account. This can lead to bounced checks and other problems.
Is Electronic Banking A Good Idea?
Electronic banking also known as online banking is a great way to do your banking business without having to leave home. With today’s added security features, this is also a safe way to do your banking. However, with all things “online” you need to take some precautions.
Joint Bank Accounts And The Problem Of Divorce
If you are in the unfortunate situation of getting divorced, then you may be wondering how to sort out your joint bank accounts. Whether the divorce is amicable or not, it is important that you both agree on how to split the monetary funds in your joint accounts so that you both get a fair deal. Here is some advice on how to handle joint bank accounts and the problem of divorce.