How to Get Approved for Credit in a Financial Downturn

In a recession it’s common for many people to rely on credit cards and loans to balance their finances. It’s the ultimate catch-22 since, during a recession, these financial products can be even harder to qualify for. This holds true, according to historical data from the Federal Reserve Bank of St. Louis. It found that […]

The post How to Get Approved for Credit in a Financial Downturn appeared first on Good Financial Cents®.

Continue Reading →

Understanding The Different Types of Cryptocurrency

bitcoins on yellow background

Cryptocurrencies can act like real money—in a sense, they are real money—but they take a digital monetary form and are not managed or governed by any central authority. A true product of the digital age, cryptocurrencies operate without the involvement of banks, governments, or any middleman. In 2020, there were more than 50 million blockchain […]

The post Understanding The Different Types of Cryptocurrency appeared first on SoFi.

Continue Reading →

What Is “Accessible Income” on a Credit Card Application?

If you’re applying for a credit card, you might stumble upon this term “accessible income.” In fact, that’s the only situation in which you will come across the term: on a credit card application. So, you need to know what it is. Accessible income is not just income you earn from your regular job. Rather, …

The post What Is “Accessible Income” on a Credit Card Application? appeared first on GrowthRapidly.

Continue Reading →

How Safe Are Credit Cards with Chips?

Payments started with the barter system a long time ago. People exchanged goods or services for other goods or services. Eventually legal tender took over and money, in many forms—from tea bricks to cow to seashells—become the payment method of choice. Then virtual money came on the scene, including credit cards. And today’s credit cards,… Read More

The post How Safe Are Credit Cards with Chips? appeared first on Credit.com.

Continue Reading →

7 Money Steps to Take Before 2021

With the end of the year rapidly approaching, it’s a good time to take stock of your financial situation as you head into 2021. 2020 has been a strange year, and a difficult year for many people. With many people’s…

Full Story

The post 7 Money Steps to Take Before 2021 appeared first on MintLife Blog.

Continue Reading →