Loan


Who Gets to Keep the Bank Accounts?

We had to complete all the steps outlined by the bank to remove my husband’s name from the account remotely because we opened the account at a branch in New York more than 12 years ago. In some cases, banks require you to submit the information to the originating branch. This can create difficulties in our increasingly mobile society. The mail-in option worked well for us because we lived hours away from the original branch. More >>>

Here are some questions about the HARP refinance program

Still, about 700,000 borrowers remain eligible and are considered “in the money,” according to the F.H.F.A. — that is, they would benefit financially from the program. (Typically, those who may benefit have a mortgage balance of at least $50,000, with 10 years or more left on the loan, and an interest rate above current market rates.) On average, the program saves borrowers about $200 a month, the housing finance agency says. More >>>

Sample Request Letter for Petty Cash Fund

The whole idea about petty cash loans lies in an opportunity to borrow money from the general cash amount. This is what we usually do to make a quick purchase. It is worth mentioning that the Imprest Company requires its users to follow account limits and not to spend more cash than it is specified in the account terms. In most cases, the sum borrowed must be replenished by the end of the month. More >>>

Bookkeeping

Bookkeeping is usually performed by a bookkeeper. A bookkeeper (or book-keeper), is a person who records the day-to-day financial transactions of an organization. A bookkeeper is usually responsible for writing the "daybooks". The daybooks consist of purchases, sales, receipts, and payments. The bookkeeper is responsible for ensuring all transactions are recorded in the correct day book, suppliers ledger, customer ledger and general ledger. More >>>

Few outlets have offered consumers their credit scores for free

Credit scores can affect everything from the credit cards you're eligible for to your rate on auto loans and mortgages. They even sometimes play a roll in whether you get a job or are approved to rent an apartment. Consumer advocates and banking experts say the value of these latest programs is that they put credit scores in front of consumers' eyes on a regular basis, instead of forcing consumers to seek the scores out on their own, and pay for them. More >>>

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