Tip of the Day: Three Easy Ways to Improve Your Credit Score

A higher credit score can provide a good interest rate when you take out a mortgage or car loan. Usually, an average FICO score is not enough to get the best mortgage rates, writes Time. "You should never aim for an average"...

What documents will help you open an account in American banks

About 200 million Americans have checking accounts with banks. The so-called checking account is convenient to use for paying for housing, making payments in stores and other purposes. Analysts at Go Banking Rates compared what documents various US financial institutions require to open a deposit account. Wells ...

As a Russian ex-banker admitted to scams for the sake of US citizenship

The dollar billionaire and one of the most mysterious bankers in Russia asks the US President to give him citizenship and protect him from Russian bandits and authorities. At the same time, he tells how he robbed the banking system in Russia and participated in various scams. Former co-owner of Rosevrobank...

Swiss bank froze assets of Russians because of sanctions

Credit Suisse's decision shows that Swiss banks fear a negative US reaction to their work with Russian individuals and organizations that have come under sanctions. One of the largest Swiss banks, Credit Suisse, has frozen Russian-related money in the amount of approximately 5 billion Swiss ...

American bank called the strongest currency in case of a global crisis

According to analysts at JPMorgan Chase & Co., if a recession is looming, it is better to own the Swiss franc, Singapore dollar, US dollar and Japanese yen, as well as get rid of emerging market currencies. “A recession is when creditors may ask for their money back, -...

How will the Fed's interest rate increase affect your wallet?

Monthly payments on credit cards and floating rate mortgages are expected to increase after the Federal Reserve hikes its short-term rates for the third time in 2017. As USA Today writes, all renewable ...

Turkmenistan reduced limit on cash withdrawal abroad

Banks of Turkmenistan have again reduced the amount of cash issued by bank cards abroad. Now, overseas citizens of the country can cash out only $ 50 a day, writes the Central Asia News Service. According to the new rules, the limit for cashless payments is $ 200 per day. ...

How Obama finances resistance against Trump

Wall Street may be shocked when it finds out they are helping to sponsor a campaign against President Donald Trump, who is fighting against former President Barack Obama's corporation taxes and healthcare laws. Following the financial crisis, the Obama administration launched unprecedented funding for several ...

How to bring your credit rating to 800 points

Experian produces a credit score that evaluates, from 300 to 850, your creditworthiness and how it relates to your credit report. The rating is based on data from FICO and other credit history assessment systems. So, the assessment...

Americans are paying record amounts to use ATMs from “other banks”

US residents who withdraw cash from third-party ATMs pay an average of $2.9 in fees per transaction. These data are published in Bankrate's annual report. This year the average commission increased by 2 cents. At the same time, analysts surveyed by the publication add -...

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