Checking account fees are becoming more and more common after many banks advertised totally free checking for years. One man even won a lawsuit against a major bank that attempted to charge fees on his account that was supposed to be fee-free for life. Suing to recover fees is probably not economically feasible for most [...]
Managing finances is something that many of us struggle with. It is especially difficult today when our economy is unstable and unpredictable and the cost of everything is on the rise. Many people live on a very limited budget and are struggling to make ends meet every month. Others still are saddled down with large [...]
In the last couple of years, there has been increased interest in credit union membership. Many consumers are moving their money from banks to credit unions, in the hopes of avoiding fees and getting better yields on deposits. However, not anyone can join a credit union. Credit unions have Field of Membership (FOM) requirements that [...]
Online banking is becoming more and more popular as consumers look for products that fit their needs. If you are looking for the right bank for you, start out by using the checking account comparison tool and then go from there. Here are some of the steps to follow as you prepare to open a [...]
One of the most common investment accounts in use by Americans is the 401k. This is a special type of investment account designed to help workers save for retirement. 401k accounts come with tax advantages, and it's possible to use them to invest for the future. How Does a 401k Work? A 401k is an [...]
When you buy a home, one of the essential items you are expected to purchase is title insurance. The title insurance is issued by a title company, whose job it is to verify the line of ownership for the property. This is done to prevent you from buying a property from someone who doesn't have [...]
Chase Liquid: A Prepaid Card Built the Right Way An interview with Jon Wilk: Consumer Banking Product and Marketing Executive at Chase The Chase Liquid Prepaid Card was launched nationwide in July 2012, and in August 2012 Chase’s mobile banking application became available to all Chase Liquid card holders. We talked with Jon Wilk, Consumer [...]
Last week, the U.S. Department of education released the official three-year federal student loan default rates. This is the first time the department has ever published this figure. The official default rate across all education sectors is 13.8%. Here's the real kicker. For-Profit educational institutions had an average three year default rate of 22.7% and [...]
A lot of people want to know what is the "Best Bank" for them to open an account with. The truth is that there are many excellent banks out there doing a great job. What it comes down to are your personal preferences as a customer and which specific features are important to you. Below [...]
Today begins the start of a new phase in the story of Knowyourbank. We launched the first iteration of Knowyourbank on March 12th, 2012. Since then we have learned a tremendous amount from our users and appreciate your support. At the end of last night we have had over 114,000 unique visitors to the site. [...]
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