Although many people are moving away from traditional forms of payment, preferring to pay by credit or debit card or even through a PayPal account, check writing is still a popular mechanism people use to pay bills. When an individual … Continued
How do you send money to a person that has no bank account? Some people either do not want, or cannot have, a bank account. They are the “unbanked”. According to an FDIC survey, 9 million American households are unbanked. … Continued
Fraud is a widespread problem that has affected tens of millions of Americans. To assist in having fraudulent activity reported as quickly as possible, we have compiled a list of contact information for the fraud departments of some of the … Continued
While most banks and credit unions are closed on Sundays, there are some branches still open to serve your needs. They are typically smaller bank branches located inside retail stores such as Walmart or larger supermarkets. The exception to the … Continued
Many people often feel bombarded with paper documents and email statements they need to keep track of, both monthly and annually. At times, it might be tempting to simply throw these documents in the shredder and/or hit the delete button … Continued
A cashier’s check is a check where payment is drawn from a bank’s own funds rather than the funds of a personal account. This type of payment is sometimes preferred or necessary for large transactions, such as a down payment … Continued
For those receiving Supplemental Security Income (SSI), the short answer is yes, the Social Security Administration (SSA) can check your bank accounts because you have to give them permission to do so. For those receiving Social Security Disability Insurance (SSDI) … Continued
Savings accounts: everyone should have at least one, but when your local bank is offering to pay you interest at dismal rates as low as 0.01%, saving can be downright discouraging. Thankfully, in the internet age we live in, savers … Continued