A line of credit is an arrangement between a financial institution, usually a bank, and a customer that establishes a maximum loan balance that the lender allows the borrower to access. Checkout this video: Introduction A line of credit is a pool of money that a financial institution, usually a bank, extends to a borrower….
A business line of credit is a flexible financing option for small business owners. It can provide the working capital you need to cover expenses like inventory, payroll, or unexpected repairs. Checkout this video: What is a Business Line of Credit? A business line of credit is a type of revolving credit that allows a…
If you’re looking to improve your credit score, using a credit card can be a great way to do it. Here are some tips on how to use your credit card to improve your credit score. Checkout this video: Check your credit report for errors Your credit score is calculated based on the information in…
If you’re being sued by a credit card company, you may be wondering how to win a credit card lawsuit. Here are some tips to help you build a strong defense and improve your chances of winning. Checkout this video: Introduction Credit card lawsuits are becoming more and more common as lenders attempt to collect…
A revolving credit account is a type of credit account that allows the account holder to borrow money, make payments, and then borrow the money again. Checkout this video: What is a Revolving Credit Account? A revolving credit account is a type of lending agreement between a borrower and a lender in which the borrower…
If you’re wondering when your Child Tax Credit will be deposited, the answer may depend on your particular situation. Read on to learn more about when this important benefit may be deposited into your account. Checkout this video: When is the Child Tax Credit deposit date? The answer to when is the Child Tax Credit…
If you’re like most people, you probably have a few saved credit cards on your iPhone. Whether you use them for online shopping or in-app purchases, it’s always handy to have your cards saved in your device. But did you know that you can actually view all of your saved credit cards on your iPhone?…
Wondering when your credit score will update? Find out how often credit scores are updated and what factors can influence how often your score changes. Checkout this video: How Often Are Credit Scores Updated? Most credit scores are updated on a monthly basis, but some may be updated more or less frequently. It’s important to…
How many hours are in a credit hour? It’s a common question, and the answer may surprise you. Check out our blog post to learn more. Checkout this video: Introduction In the United States, a credit hour is a unit of measurement for the formally calculated time spent in an instructional activity. One credit hour…
If you’re ever wondered what that 24 Apr on your credit card statement means, you’re not alone. Turns out, it’s the date that your credit card issuer reports your account balance to the credit bureaus. Checkout this video: What is 24 Apr? The 24 APR on a credit card is the annual percentage rate that…