You should check into whether your employer offers direct deposit and how it would work for you. Direct deposit is usually safer and faster than getting a paper check or cash. Some employers or payroll processing services will process direct deposits ...
If you suspect that someone has taken money out of your account who was not authorized to do so, you should immediately call your bank or credit union and let it know. You should ask the bank or credit union ...
Contact your bank or credit union immediately. You should tell your bank or credit union you never authorized this payment. You should also ask the bank or credit union to reverse the debit. If the check was processed as an ...
If a creditor sues to collect a debt you owe and wins a court judgment against you, the creditor can ask the court for an order to garnish your salary, bank account, or other assets. The court order would instruct ...
A Personal Line of Credit is a loan that you use like a credit card account that you access without using a card. Instead, you write special checks or request a transfer to your checking account by phone or online. ...
Look at the APR, whether and how much the APR can change, any fees to access the line, annual fees, late payment fees, and fees for other events. Compare the costs with other types of credit that may be available ...
Most banks and credit unions that offer this product will set the credit limit based on your creditworthiness and income. Because there is no collateral, these lines usually require strong credit.
You may obtain credit up to your unused credit limit, and may re-borrow what you pay down. However, the bank or credit union generally reserves the right to suspend or terminate further credit at any time, without cause.
A money market account is a special type of savings account offered by banks and credit unions. Money market accounts are sometimes called money market deposit accounts or money market savings accounts. Like a regular savings account, a money market ...