It's fast and free, and it won't affect your credit.* The Small Business Administration (SBA) says that small businesses borrow mainly for four reasons: to start a business, to purchase inventory, to ...

A sweep account is a type of bank account designed to help individuals and businesses manage their money more efficiently. It automatically transfers excess funds into higher-interest investments, ...

Transaction accounts are the backbone of everyday banking, offering convenient access to your money for spending, bill payments, and deposits. Whether you're managing personal finances or handling ...

Managing finances on behalf of someone else can be a significant responsibility — especially when it involves government benefits like Social Security or disability payments. A representative payee ...

If you cash a bad check, you first and foremost have to pay the bank back. You also might owe a fee for trying to cash a bad check, known as a returned check fee. Whether you wrote a check recently ...

Relationship banking is a financial approach that emphasizes building long-term, personal connections between customers and their financial institutions. Rather than treating each transaction as a one ...

The cost of living index (COLI) indicates how much it costs to live in a certain place based on major expense categories, such as housing, food, and transportation. While the U.S. government doesn’t ...

Automated Clearing House (ACH) and wire transfers are electronic payment services. ACH transactions are made through the ACH Network, while wire transfers are made through a wire service. Both an ACH ...

Of all the bank fees you can get hit with, the overdraft fee is probably the most painful. It signals that not only have you run out of money, but the bank is now going to penalize you even further ...

Interest rates across savings accounts can vary quite a bit. Lantern by SoFi has helped find some of the top providers and what rates they currently offer. Compare today’s high-yield savings rates ...

If you don’t have a bank account, it might be challenging to get a personal loan. Many lenders require you to have a checking account in order to take out a loan. But there are some ways to qualify ...