account
A husband takes money from his wife’s gaming account to pay for the computer she broke. Was he right?
A man recently visited a popular online forum to discuss an incident involving his wife’s gaming account and his broken laptop. For the sake of his story, we’ll call him Jim. Jim explained that his wife is a hardworking housewife who maintains the house and takes care of the children. As a result, he has […]
How to change bank account in 3 steps
Closing a bank account and opening a new one can be tricky. Banks like to retain customers, so they make it difficult to close. The “hassle factor” or the million and one little things you need to do before the task is completed is one of the main reasons people don’t change banks. Another reason […]
Shared account vs. authorized user vs. co-signer
If you are sharing a loan with another person, the status of your account is just as important as the credit line and interest rate. This is because it determines the extent to which you have control over the account, your responsibility for the account, and its effect on your credit history. Unless you opened […]
How long does it take for rewards to arrive in your account?
You’ve just been approved for a credit card with a great bonus offer. The shiny piece of plastic arrives in the mail and you complete the bonus spending requirements as quickly as possible. Then you wait for your points, miles or cashback to appear in your account. And then you wait some more. Waiting for […]
How does a closed account affect your credit score?
The road to a great credit score can be long and bumpy along the way. But if you maintain a low credit utilization rate and avoid any negative consequences (such as missed payments, etc.), these hits should be minor. Keep in mind that the loan game requires a fair amount of patience, and if your […]
How to remove an authorized user from a credit card account
If you’ve allowed a person to use your credit card as an authorized user, there may eventually come a time when you want to revoke their privileges. As the primary account holder, you are at your sole discretion to terminate the agreement for any reason and at any time. But while the credit card issuer […]
High balance: does it affect your account?
One of the most stressful aspects of using a credit card is accumulating a large balance. There are many reasons why you might have a high balance, including large unexpected bills or home and car repairs. Or maybe you just really wanted a new sofa and it hit your wallet hard. But what does this […]
Opening your child’s first investment account early with Acorns
Acorns Early offers an easy way to invest in your child’s future. A UTMA / UGMA account allows proactive parents and guardians to create a savings account to cover their child’s future expenses such as tuition and textbooks. Acorns Early is different from traditional 529 college savings plans because a child can use those funds […]