What Is A Money Market Account And Is One Worth Having?

Updated Oct 17, 2023
By Aaron Sarentino
What Is A Money Market Account And Is One Worth Having?

If you’ve shopped around for a bank account lately, you’ve likely noticed you have many options, including a Money Market Account (MMA). Find out if one is right for you and your goals...

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What Is A Cashier’s Check? (Everything You Need To Know)

Updated Oct 17, 2023
By Minh Tong
What Is A Cashier’s Check? (Everything You Need To Know)

With checks bouncing (returning because of insufficient funds in the payer's account) being a common occurrence, people often turn to cashier's checks as a more secure mode of...

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What Is An ACH Transfer? (And Common Misconceptions)

Updated Sep 28, 2023
By Melissa Cook
What Is An ACH Transfer? (And Common Misconceptions)

From everyday transactions to payroll deposits and online bill payments, ACH transfers have simplified the process of transferring funds between accounts. Here's everything you should know...

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Credit Counseling

Updated Mar 14, 2023
By Minh Tong
Credit Counseling

Credit counseling is a service offered to individuals who are struggling with debt management or are looking to improve their financial situation. It is a process that involves working...

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Charge-Off

Updated Mar 14, 2023
By Melissa Cook
Charge-Off

A Charge-Off is a financial term used to describe a situation where a creditor writes off an outstanding debt as uncollectible. In simpler terms, it means that the creditor has given up on...

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Consumer Finance Protection Bureau (CFPB)

Updated Mar 14, 2023
By Aaron Sarentino
Consumer Finance Protection Bureau (CFPB)

The Consumer Financial Protection Bureau (CFPB) is a federal agency in the United States that was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act...

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Capital Gains

Updated Mar 10, 2023
By Melissa Cook
Capital Gains

Capital gain refers to the profit that an individual or entity realizes when they sell an asset for a price that is higher than the price they initially paid for it. In other words, it...

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Cash Flow

Updated Mar 10, 2023
By Melissa Cook
Cash Flow

Cash flow is the movement of money in and out of a business or individual's accounts over a given period. It measures the amount of money that flows into and out of a business, indicating...

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Bond

Updated Mar 10, 2023
By Minh Tong
Bond

A bond is a financial instrument used by governments, corporations, and other organizations to raise capital. It represents a debt obligation, meaning that the issuer (borrower) promises...

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