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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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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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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Introducing the Venmo credit card

Issued by Synchrony and powered by Visa, the very first Venmo credit card offers automatic cash back on every purchase, personalized rewards and a mobile first experience SAN JOSE, California, October 5, 2020 / PRNewswire / – Venmo today introduced its very first Venmo credit card, issued by Synchrony (NYSE: …

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What you need to open a bank account

Whether you are applying for a bank account online or in person, you will need government-issued identification and personal details, such as your Social Security number, handy. You may also be asked to fund your account with an initial deposit. Here are details on what you need to open a …

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