Although it is not one of the most common payment methods today, the check is still used to carry out transactions of higher amounts, as is the case of paying the initial down payment on a house, for example. Because it is still a way to deal with large amounts, we teach you how to … Read more
A Home Equity Line Of Credit (HELOC) is a home equity loan that allows homeowners to borrow money against the equity they have repaid. HELOCs can offer lending flexibility but have limitations. They also carry the risk of foreclosure and can require a lot of discipline. Whether you need to update your kitchen or fix … Read more
According to the Consumer Financial Protection Bureau, your bank account information is not included in your credit reports, however, if you are not careful, closing it improperly could affect your score. In general, closing a bank account does not affect your credit score. However, if you do not take care of certain details, it is … Read more
ATMs are our salvation when we seek to obtain cash quickly, easily and without the need to stand in long lines, since compared to going to a bank window, ATMs are usually more comfortable and easy to access. However, they will have a limited amount of cash that can be withdrawn. The first thing you … Read more
We know that there are automatic charges that, more than helping, what they do is empty your bank account. Therefore, at TakeCareOfMoney we explain what you should do if you want to cancel automatic payments from your bank account in the US, and what you should do if a company withdraws funds from your account … Read more
When you own a business, you don’t always have time to visit the bank. With Bank of America Online Banking, you can view your checking and savings accounts, view past statements, and use the bill pay feature. To sign in to your account, you must first sign up for online banking. Bank of America will … Read more
SafePass Theft Protection Bank of America provides an extra degree of security for Bank of America customers using Online Banking. SafePass uses your cell phone or a special pocket card to verify your identity before completing certain online transactions. SafePass complements Bank of America’s SiteKey technology to prevent unauthorized access to your bank accounts through … Read more
A conventional loan is one that does not have government ties such as those offered with the support of the Department of Veterans Affairs or the Federal Housing Authority. There are two types of conventional loans that include a secured loan, which means that one has a collateral loan without a guarantee or signature and … Read more
If you use Bank of America and change the location of your business, you can update the address through the company’s website. This will ensure that any statements or other financial documents reach you at the new location on time. In addition to updating your address, order checks with your new company address to avoid … Read more
Is Wells Fargo Open Today? This is a more frequent question than you might imagine, and it is that if you want to carry out any procedure at this bank, it is really important that you know if it is open to the public. In this way, you can avoid a pointless trip and a … Read more
There are different possibilities if what you do not have is a bank account in the United States. From changing it at the issuing bank to asking someone to collect it for you, you can choose the one with which you feel most comfortable and can pay. Those Americans who have a bank account shouldn’t … Read more
Direct deposit is the fastest bank transfer out there. The times from one institution to another can be variable, in Takecareofmoney we are going to tell you. Direct deposit is the fastest transfer that can be done in banking. The times may vary according to the financial institution that is participating and the type of … Read more
Bank transfers are an expensive way to move your money, although sometimes there is no other way to move your funds to other banks. For this reason, at Takecareofmoney we tell you how much each bank charges for transfers. Wire transfers are often a very expensive way to move your money from one bank account … Read more
Given the sixth rise in interest rates by the United States Federal Reserve, some see more possibilities for an economic recession to occur in the coming months. Now that the Federal Reserve has raised interest rates for the sixth time so far in 2022, the fear of an economic recession is more latent for some experts and economists. This situation … Read more
If what you want is to contact a Bank of America agent, at Takecareofmoney we will tell you what the steps to follow are: Bank of America is one of the best positioned banks in the United States . Its popularity and brand is felt in any region where financial movements are needed. So staying … Read more
A cashier’s check is used so that you can make a more secure transaction, with this you assure the beneficiary that you have sufficient funds to make the payment. If you want to make a large money transfer, then what you need is a cashier’s check. These are granted by banks or financial institutions, usually … Read more
Making transactions without funds can be very expensive, banks will charge you a fee for each failed transaction. So you must be very alert If you have little money, you have to be clear about it and know how to use the amount in your favor, and most importantly, avoid overdraft fees. These are activated … Read more
According to information from the White House, overdraft and insufficient funds fees left a $15.5 billion spill for banks in 2019 If you have ever paid overdraft fees, and moreover, it has happened to you several times, those days may come to an end, after President Joe Biden announced that extra fees will be eliminated … Read more
Money orders or money orders are widely used in the United States. They work similar to personal checks, but they are not linked to your bank account. They are issued in the name of a beneficiary and are paid in advance so that the beneficiary has the guarantee that the necessary funds are available. Money … Read more
So that an ATM does not charge you any extra charges, you must use the one of your financial institution or one that is part of the network. Although people can spend in most places with a card, either credit or debit, there are certain places that do or do need to be loaded with … Read more
Although online banks continue to gain ground in the preferences of American consumers, especially because they have greater advantages, traditional banks beat them in one fundamental respect. Online banks have come to revolutionize what a bank should offer you. Convenience, high yields on savings accounts, cheaper commissions, among other aspects, have made many consumers prefer … Read more
TD Bank is one of the banks that offers to serve you in several languages, in addition to English, and one of them is Spanish. We tell you how you can contact them in this way. TD Bank is a national bank of the United States, whose subsidiary is the multinational TD Banck Group. Its … Read more
If you have or manage a company, you will know that bank codes are a really important factor, especially for people and employees who work in financial or administrative departments, since they use them on a daily basis in their operations. In the case of SMEs, they often do not have a professional department or … Read more
The bank ownership certificate is an official document issued by the bank at the request of the client and confirms that the account is registered in his name. Normally it is necessary to present this certificate to formalize certain procedures: collect unemployment, manage an ERTE, pay taxes or receive aid, among other situations. Years ago … Read more
The customer account code (CCC) is an unrepeatable twenty-digit number that is assigned to savings accounts, current accounts and other financial products, individually. Código Cuenta Cliente (CCC) is a unique account code used by Spanish banks to identify their customers. It is the DNI of the bank account and is used by the rest of … Read more
Whether you are a heavy user of those who buy even bread online or if you are one of those who have doubts when giving the data on a website, perhaps you do not know the advantages of the virtual card. Shall we tell you? What is a virtual card? It is a card that … Read more
The movements of money between accounts are one of the most common and requested operations in banking entities. And in a field as specialized as banking, it is very common to use different terms as synonyms when in fact they are not. This is what happens with transfer and bank transfer . Do you want … Read more
The holder of a bank account is the person who owns the funds that are deposited in said account, or the debtor in the case of requesting a loan. But, what is the difference between the owner and the co-owner of a bank account? In this post, we are going to tell you what three … Read more
Are you a Mexican who plans to go to the United States for a long time? This information will interest you so that you know which bank account to open before traveling and carry your money with you. Suppose you are Mexican who has money that you would like to “cross” the border easily and … Read more
Their strength in assets, number of branches and types of products are some of the characteristics that make some banks better than others. We show you the 5 best national companies in the US. Your money is one of the most important possessions of your entire life. Regardless of the amount, every penny you have … Read more