Banks Editorial Team

September 11th, 2019

Latest Medical Savings Accounts Trends – 2019

The number of Medical Savings Accounts burst over the 25 million threshold in 2018, and a number of interesting trends are still swirling around the industry. Health Savings Accounts, less commonly known as medical savings accounts, have been around since 2003. They have seen tremendous growth in popularity, though the growth rate has slowed a […]

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Banks Editorial Team

September 11th, 2019

The 10 Types of Savings Accounts You Don’t Know About

There are many types of savings accounts. You might be aware of the plain vanilla savings account you can open at your brick-and-mortar local bank or credit union. But there are many other types of savings accounts that offer better interest rates and might better suit your needs.     Here are ten types of savings […]

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Banks Editorial Team

September 10th, 2019

A Quick Guide to Deposit Accounts

Anyone new to the banking world may not even be familiar with the term “deposit accounts.” It is meant to encompass the various types of accounts you might consider opening with a bank or credit union. The two primary deposit accounts most bank customers use include checking and savings accounts. So, let’s look a little […]

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Banks Editorial Team

September 10th, 2019

Are Subprime Credit Cards Bad Credit Cards?

Subprime has become a buzzword in the financial world over the last decade. When it comes to subprime credit cards, there’s some good, bad, and ugly that you’ll want to know.     Subprime Credit Cards Explained People with no credit or bad credit typically have a hard time borrowing money. A credit card is […]

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Banks Editorial Team

September 10th, 2019

Is Subprime Credit Card Debt Worse Than Subprime Mortgage Debt?

Subprime credit card debt Vs. subprime mortgage debt: For the middle class especially, keeping up with the Joneses is putting them further in debt. Debt that is hard to overcome. If things like credit scores and debt-to-income ratio are foreign to you, you’re not alone. For many Americans, spending the money is easy, but knowing […]

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Banks Editorial Team

September 10th, 2019

Top 5 Subprime Credit Card Companies

Choosing among the best subprime credit card companies can help you start building or rebuilding your credit the right way. Bad things happen to good people. There’s no shame in having poor credit or no credit at all. But for people that are looking to roll up their sleeves and start repairing their credit or […]

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Banks Editorial Team

September 9th, 2019

A Quick Overview of Subprime Credit Cards

Subprime Credit Cards: The financial world is really no different than any other business. In the case of credit cards, they are no longer just for the elite among us or consumers with high credit scores. Credit card companies have recognized that there are a growing number of people with lower credit scores that still […]

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Banks Editorial Team

September 9th, 2019

3 Simple Ways to Stop Defaulting on Your Credit Card Payments

Defaulting on your credit card is more than just missing a payment. If you’re considered to have subprime credit card delinquency, it means that you have not been paying back the balance on your credit card for several months. You can also face additional penalties and late fees that increase your total balance. You may […]

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Banks Editorial Team

September 9th, 2019

Everything You Need To Know About The New Apple Card

The new Apple Card is simple, secure and revolutionizing the credit card industry. Apple is famous for bringing the world forward in exciting and innovative ways.     What is the Apple Card? As is standard with so many Apple products, the idea of simplicity and functionality come together to make customer’s financial lives easier. […]

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Banks Editorial Team

September 9th, 2019

Do the Fed’s Rate Cuts Have Any Affect on High-Yield Savings Accounts?

Savvy savers who are taking advantage of online high-yield savings accounts are not going to be pleased with the Fed’s recent decision to shift course and lower interest rates. That’s because, though they’re not directly indexed to the Fed’s short-term interest rate, these savings plans are likely to decrease the rates they pay savers to […]

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