Types of Bank Accounts

Did you know there are many types of bank accounts? Many people assume that checking and savings are the only valuable bank accounts available, but that is not always the case. For many people, checking and savings is all that is needed, but many other people need a more robust variety of financial tools. Let’s look at some of the more common types of bank accounts. The most common bank accounts are the checking accounts. A checking account uses paper checks and/or electronic funds transfers... Read more »

Managing Your Bank Accounts

Managing your bank accounts is one of the best ways to maintain financial health. For many people this involves simply balancing the check book at the end of the month, but for others, who have various bank accounts, this work can be a bit more challenging. But this is good work because the only way to get to where you want to be financially is to know where you are now. The first step to managing your bank accounts is to keep good records. This means getting organized if you are not yet so. How... Read more »

Is It Good To Have An Online Savings Account

So we’ve all heard about what they call a brick-and-mortar bank. This is usually where you deposit your paychecks, transfer money from checking to savings, visit with your teller friends and even get cash back from an ATM. Well, times have changed and now you can do most of your banking online. Now, your brick-and-mortar bank might offer online banking, but you probably don’t get an interest rate of almost 5% on all savings account cash. This is just one of the benefits of an online savings... Read more »

Bank Charges Are Daylight Robbery

I’ve just received my bank statement through the post to be greeted by a long list of charges - yet again. Even when I paid for a hire car on my debit card, they managed to charge me for the useless reason of being over my limit for a matter of hours. This is pure daylight robbery and I’m sick of it. For a long time now this issue has been bugging me and I have fought every legal way I know to recoup my losses, all to no avail. Well this situation is going to go on no longer. You know... Read more »

Check Image Deposits - No More Bank Visits

Hands up “who loves going to the bank”? No hands, not a big surprise. Well banks seem to be getting the message with their latest innovation: digital image check deposit. Digital deposit allows business and consumer clients to make check deposits digitally from their own office or home by using a scanner and an Internet connection. No more bank line ups or even trips to the ATM machine. Your computer is now able to process check deposits just like a bank branch. What Makes Digital Deposits... Read more »

Forensic Files Used To Enforce Cyber Law

For every illegal activity that can be associated with a computer, there is a good chance that there are people who have created forensic files used to enforce a Cyber Law that will stop that illegal activity from occurring. Some of the forensic files are shareware and freeware versions so there is ample opportunity for everyone to protect their home computer system from predators. Most of the forensic files used to enforce Cyber Law community use of the Internet are offered in a very organized manner... Read more »

Sick of Paying Bank and Credit Card Fees? Here’s How to Avoid 3 of the Most Common

Banks, credit card companies, and other businesses love to charge you fees for violating their rules. Whether it’s late fees, ATM fees, check stop-payment fees, overdraft fees, bounced-check fees, or any other fee, businesses are determined to get every dime out of you they possibly can. But there are ways you can avoid paying these fees. You just have to be shrewd. Here’s how to avoid paying three of the most common fees. (1) ATM Surcharges — Any time you use an ATM that doesn’t... Read more »

Humor In Drag

Before the devastation caused by Hurricane Katrina kept people away, many people used to visit New Orleans, Louisiana to see humor in drag offered in many entertainment spots that were located in the French Quarter. There are various entertainers that work from the French Quarter and they perform regularly on stage with various routines that are both entertaining and comical. The humor in drag concept developed because these entertainers are trans-gendered individuals who have chosen to take the... Read more »

Financial Services Loans For Buying Automobiles

Most people would prefer to know upfront if they have the financing they need to buy an automobile. Some banks will give people a pre-approval status on an automobile loan but they will not guarantee that the money will be released when they find the automobile that they want. The credit line is only an estimation of the credit worthiness of the person applying for a financial services loan. Consumers want more from their banking lenders than they are willing to give. These customers will search... Read more »

Trends In Chinese Banking Sector Reforms

The Chinese Government started reforming the banking sector significantly in 2005 by letting Shanghai based Bank of Communications (”BCom”) list on the Hong Kong Stock Exchange. BCom was a pathfinder in the reform as HSBC, one of the UK’s largest financial groups was allowed to become its biggest foreign shareholder holding no more 20% of its shares, the largest percentage allowed under Chinese law for foreign interests. All subsequent initial public offers (”IPO”) in... Read more »