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Are Checkless Checking Accounts the New Thing?

Retail banking firms are frequently searching for cost effective methods to attract new account holders. Implementing a program that saves time for banks and for consumers could be a winning formula. Recent trends have revealed that several retail banking giants and other financial institutions are enabling consumers to establish a checking account without the issuance of a checkbook. 

Why Is Your Credit Card Getting Declined?

Most people have had the experience of having a credit card declined while making a purchase. Whether this occurs in a retail store, a restaurant, or when ordering products or services on the Internet, it is both inconvenient and upsetting to many consumers. Some buyers may realize that they are using an expired charge card or one on which they have charged to the limit. Others may be perplexed, wondering what the reason for card rejection by the merchant could be. The following are 10 reasons your credit card is getting declined: 
 

Budgeting for Study Abroad

Students can truly benefit from studying abroad. With our globalized society providing jobs all around the world, students who immerse themselves in other cultures will have the upper hand. Students can expect to get practical knowledge and understanding while having the time of their lives. That being said, studying abroad is not cheap. There are a number of different costs associated with the experience, requiring a lot of strategic budgeting to succeed. 

All You Need to Know About FICO 9

FICO is the source most lenders use to determine a borrower’s credit score. FICO uses an extensive formula intended to assist financial organizations with making high-volume, complex financial decisions. However, FICO recently announced a new formula called FICO Score 9. Unlike the current model, FICO 9 will remove collection agency accounts which were settled or paid in full. The new formula also distinguishes between medical debt and other forms of unpaid debt.
 

The Truth About Retail Therapy

Retail therapy has become commonplace in today’s world. According to a survey conducted by TNS Global, more than half of Americans (64% of women and 40% of men) admit to engaging in “retail therapy,” or the act of shopping as an outlet to relieve stress and improve one’s mood. So, if you’ve ever felt sad, disappointed, angry, or even happy, you’re not alone in heading to the mall for some retail relaxation. 

Which Credit Card Rewards Program is Right for You?

It seems nearly every week credit card companies put out a new rewards card or membership bonus that appeal to our desires as consumers who would like to get bonuses and rewards through their credit cards. Credit card companies are currently offering record-breaking sign up bonuses for customers. But with all the great deals and rewards programs that credit card companies are offering, it may be hard to decide what you want. Take a look below and see which rewards program is right for you.

Have You Outgrown Your Credit Card?

Having access to credit is a great thing. You can make large purchases and then pay for them in monthly installments, build a credit history and have an emergency fund in your wallet at all times. However, credit cards have added several new features and perks that older credit cards may not have had. That begs the question of whether or not you have outgrown your current credit card. 

10 Cities with the Top Credit Scores

Basically, one's credit score is a three-digit number that can be generated by a professional mathematical algorithm. It is used in order to help predict if one is at risk of failing to pay back on loans issued to them. The most popular type of credit score is the FICO score, and these scores have a range from 300 to 850. Using this system, lenders can get a better grasp on if people that are asking to lend money are more likely to pay them back or not as they are supposed to.

Mid-year Check Up: Is Your Money in Order?

Life as a responsible adult means juggling and properly handling finances. The overwhelming majority of all adults throughout the nation have debt, with roughly a third of Americans falling into delinquency, according to a 2014 report from USA Today. The average person also has a minimum of two credit cards, a mortgage or similar loan, and other finances to juggle. Checking your personal finances is a necessity to keep in good standing with creditors and to keep your credit score, investments, interest rates, and other fiscal aspects healthy.
 

Is Your Partner Financially Unfaithful?

The National Endowment for Financial Education recently published a poll that revealed a startling new statistic: one third of adults involved in relationships that have combined finances admits to deceiving their significant other financially. More than 3 quarters of the individuals surveyed claimed that their relationships have been negatively by financial deceptions.
 

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