Finance Globe

U.S. financial and economic topics from several finance writers.

What is a Bond Rating

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While some of you may be familiar with what a bond rating is, many of you may also be unfamiliar and do not understand the bond rating process. Below is a high level overview of what a bond rating is, and feel free to ask any follow up questions in the comments section below. A bond rating is a rating that an independent or unbiased agency issues to measure the credit quality of a particular bond...
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What are the Benefits of Joining a Credit Union?

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On the surface, a credit union appears similar to a traditional local bank. However, as you dig deeper, you’ll find that there are many features and benefits provided by a credit union that a bank simply couldn’t match. Above all else, credit unions are designed to help its members succeed financially. This should give you peace of mind, as you never have to concern yourself with your financial institution taking advantage of you. In regards to...
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Online Personal Loans: A Growing Trend

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Every year, millions of consumers turn to a personal loan to tackle expenses ranging from home improvement projects to medical bills. While you always have the option to speak with local financial institutions about your borrowing needs, a growing number of people are turning their attention to the internet. In today’s day and age, you can do almost everything online. So, it’s only natural that you also have the option to secure a personal loan in...
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Recent Comments
Wanderer
Great "heads up" on obtaining a Personal Loan. You highlighted some areas that we as consumers need to be aware of. Finding legiti... Read More
Wednesday, 27 March 2019 09:17
Frank
While I agree with Wanderer you need to find a legitimate lender, this is the future and at some point will be the most common way... Read More
Sunday, 28 April 2019 19:34
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These Signs May Point You Toward a New Bank

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Even with the popularity of online banks on the rise, most people still have a relationship with a local financial institution. There may come a point when you begin to wonder if it’s time to find a new bank (or credit union). The right relationship is important to all aspects of your finances, so it’s nothing to take lightly. Here are a few signs that may point you toward a new bank: •    Increasing fees: Are...
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What are the Advantages of Online Banking?

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In today’s day and age, there aren’t many financial institutions that don’t offer an online banking experience. Customers expect this feature in 2019, and any bank that comes up short will find it difficult to compete. While the option is available to you, it doesn’t mean you’re taking full advantage. You don’t have to rely on the many features of online banking, but once you learn more about them there’s a good chance you’ll fall in...
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Recent Comments
Wanderer
Trust was my challenge ... right up till the postal service did not have consistent deliveries to my address and I got tired of my... Read More
Monday, 14 January 2019 17:08
Frank
Too many benefits now! You almost have to have online banking!
Tuesday, 29 January 2019 16:28
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FDIC vs. SIPC Insurance: What's the Difference

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When you’re looking for a safe place to put your cash and possibly earn some interest, it’s important to make sure you understand the type of coverage your account comes with. FDIC and SIPC are two types of coverage that many financial institutions and brokerages offer to their customers. Banks are typically covered by the Federal Deposit Insurance Corporation or FDIC. Funds in checking, savings accounts, CDs, and money market accounts are insured up to $250,000...
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Wanderer
Very interesting! Did not know or understand the differences which are quite large. Thanks!
Tuesday, 25 December 2018 06:10
Frank
I never knew the major difference either! Thanks for the great information!
Thursday, 27 December 2018 09:52
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5 Ways to Spot Online Loan Scams

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The world of online lending makes it much easier to get funding for home improvements, debt consolidation, medical bills, or other financial needs. It’s also easier for scammers to trick unsuspecting consumers. Scammers can pose as legitimate lenders and trick you into paying for a loan upfront. Or, they can lock you into loans with higher interest rates and fees than you actually qualify for. Be on the lookout for both of these when you’re looking...
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Frank
There are so many scammers online, I always try to double and triple check when possible.
Thursday, 27 December 2018 09:45
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5 Major ATM Mistakes to Avoid Making

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ATMs are a convenient way to get cash from your account and make other bank transactions without having to go inside a bank branch, It's especially convenient outside of business hours or during the bank's busiest hours. But, remember may non-bank ATM operators are in it to make a buck. If you’re not careful, you could end up spending a lot of money just from going to the ATM. Not paying attention to the ATM fee...
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Frank
A lot of credit unions waive all ATM fees so you should always call them and make sure you aren't having to pay for ATM fees ever.... Read More
Saturday, 19 May 2018 14:26
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6 Things to Look for In a Savings Account

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A savings account is more than just a place to keep your spare change or an account to hold your emergency fund. This place has to provide good protection for your money. You should put just as much consideration into choosing your savings account as you do with any other financial account. While you may be tempted to choose a savings account at your primary bank because it’s easier that way, you may be able to...
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Frank
Today, given the amount of saving account opportunities, you should never have to pay a monthly fee for the savings account. If yo... Read More
Saturday, 19 May 2018 14:20
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USAA and Why its Great for Military Veterans and Their Families

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United Services Automobile Association (“USAA” or the “Company”) is one of the leading military financial institutions that offer great benefits to the military community. The Company was founded in 1922 and started out as a car insurance company, but has grown over the years to offer a wide variety of products. USAA is dedicated to serving military members and their families by offering more benefits than most other major financial service provider. They offer a very...
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Wanderer
As a USAA Member I can confirm the great write up the author did explaining what is available to eligible personnel. Love the bank... Read More
Friday, 19 January 2018 13:38
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