Archives : Jan-2019

John Csiszar The strength of the PayPal Prepaid Mastercard lies in its connection with its parent company, PayPal. One of the innovators in online money transfers, PayPal’s prepaid card can link up directly with a PayPal account to provide instant access to funds. Beyond that feature, which can be a […]

Renee Morad iStock Check-kiting is the illegal act of writing a check from a bank account without sufficient funds and depositing it into another bank account. Then, you withdraw the money from that second account before the original check has been cleared. Sometimes the scam is performed by an individual […]

Renee Morad Source: iStock Online bill pay services are growing increasingly popular with consumers. Rather than writing and mailing paper checks, customers can pay bills from their mobile device or tablet in one convenient place, schedule automatic payments for recurring bills, and depending on the service, also make next-day or […]

Sarah Li Cain iStock A bank statement is report that a bank or credit union sends out on a fixed date each month or quarter listing account activity from the previous statement period. That includes activities like deposits, withdrawals, interest paid, checks and any charges or fees. A bank statement […]

Renee Morad iStock A postdated check is a check that is written with a future date on it. If it’s Jan. 5 but you write a check with a date of Jan. 25, you are postdating a check. Generally, people do this if they don’t currently have the funds available […]

Lora Shinn ACE Elite Visa Prepaid Debit Card features Those seeking a prepaid debit card have many options available to them, and ACE Elite Visa Prepaid Debit card is one such option, although one that will involve an assortment of rates and fees. This prepaid debit card product offers tiered […]

Brian O’Connell iStock In our present digital age, waiting for a paper check to clear may seem archaic. With the advent of mobile banking, direct deposit and real-time payment providers, like Venmo and Zelle, some people might feel frustrated by waiting for a check to clear. Yet banking customers do […]

Soon after the 2016 Presidential elections, several famous individuals who did not support the eventual winner, Donald Trump, voiced their protests. Golden Globe Award-winning actress Mia Farrow and activist Gloria Steinem are among who outwardly voiced their protests. However, there was something unique about the way they protested Trump’s election. […]

James F. Royal, Ph.D. iStock Investors on the hunt for the best exchange-traded funds (ETFs) often turn to leveraged ETFs because they promise — and sometimes deliver — higher returns. Here’s how the best leveraged ETFs work and what you need to watch out for when you’re using them to […]

James F. Royal, Ph.D. iStock Premarket stock trading allows investors to trade before the stock exchanges open. Trading before the open can provide a few benefits to investors, though it presents some drawbacks too. Here’s how premarket trading works and what you need to know before using it. How premarket […]