This category covers anything related to bank including bank terminology, credit bard, loan.
Earnest money protects the interests of both parties in a property sale transaction. The buyer makes the payment and uses it to make an offer to the seller formally. It is a common practice in the real estate industry. However, you should carefully protect this money as a breach of contract may result in a …
A letter of credit, or simply a credit letter, is a trading instrument issued by banks to confirm the trade payment terms between buyer and seller. The letter of credit of LC is required when buyers and sellers operate in different statuary or place large orders that require payment confirmation. Usually, a letter of credit …
There might be many reasons homeowners need to raise finance against their properties. It can be seen that a lot of homeowners often tend to spare money for repairs or unforeseen circumstances. In this regard, it is also imperative for these individuals to ensure that they can get the best deal in exchange for ownership …
In the current day and age, organizations must ensure that they carry out safer and more secure transactions to get suitable and viable returns. It is rudimentary for businesses working on credit to ensure that their credit risk is minimized and they can collect the amount their debtors owe them. That is the main reason …
What Is A Bank Guarantee? Feature, Process, Types, Advantages, and Limitations Read More »
Definition: Long-term debts are non-current liabilities with obligations beyond one year. Long-term debt can be viewed from two perspectives: financial statement reporting by issuer and financial investing. The balance sheet must record long-term debts and the related payment obligations in the non-current section of the balance sheet. On the other hand, investing in long-term debt …
7 Types of Long-term Debt: Definition, Explanation, And More. Read More »
The world has evolved from a barter system to moneyless methods for doing transactions and purchasing goods and services. The phases that came in between included using metal coins, gold, and paper money. Paper money is still used as a mode of transaction, but now the trend of paperless money is also increasing. Debit and …
Get To Know The 5 Most Important Parts Of A Debit Or Credit Card Read More »
An equity loan is a type of loan that is received against some asset with equity. In this type of loan, equity is offered as collateral to obtain the loan amount. The asset or equity offered as collateral in this type of loan must have a fair market value above any pending loan payment or …
How to Obtain an Equity Loan with Poor Credit? 6 Important Tips Read More »
If you are a frequent traveler, you must have looked for a quiet place to rest before taking a tiring journey. Chase Sapphire Reserve credit card offers a free Priority Pass membership to its clients. Let’s discuss what Chase Sapphire Reserve Priority Pass membership is, how to activate it, how to apply, and more. What …
What is Chase Sapphire Reserve Priority Pass Membership? Read More »
If you are looking for a convenient and free notarization service, you may consider Bank of America offering notarization services to its clients. The process of getting notary services from a bank is a common one. Let’s review the notary services on offer at the Bank of America. What is Document Notarization? In simple words, …
Notary Services at Bank of America Review: Everything You Need to Know Read More »
FedEx Office provides online notary services 24/7 and throughout the year. You can get notary services easily and at a competitive cost too. Let’s discuss what document notarization is and the notary services offered by FedEx Office online. What is Document Notarization? A notary public (an authorized person) certifies the authenticity of a legal document …
Notary Services at FedEx Office Review: Everything You Need to Know Read More »
