Saving investment

Airbnb worth $ 47 billion in IPO

Airbnb Inc has valued its long-awaited Initial Public Offering (IPO) above a marketed range to raise around US $ 3.5 billion, seizing investor demand for a home rental business returning from a crisis caused by the COVID-19 pandemic. Its IPO came just hours after DoorDash Inc nearly doubled its listing …

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Definition of cosign

What is Cosign? Co-signing means signing jointly with a borrower for a loan. A co-signer assumes the legal obligation to be a source of back-up repayment for the loan and, as such, reduces the risk to the lender and assists the borrower in obtaining a loan. A co-signer can also …

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Credit Score 500: Good or Bad?

A credit score of 500 is considered bad credit. Your credit score determines whether you qualify for financial products, such as credit cards and auto loans, and the interest rate you might pay. In 2019, 4% of Americans had a score below 500, according to credit rating company FICO. Here’s …

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Is it safer to bank on your phone or computer?

Two-thirds of Americans use mobile or online banking as their primary means of accessing their accounts. If you belong to this group, chances are you are leaning heavily on a smartphone or computer to retrieve your banking information. But both gadgets are also popular targets for online fraudsters eager to …

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