Pay off my credit card debt with home equity loan

July 7, 2024 No Comments

If you have a large outstanding debt on one or more credit cards, you may be struggling to make any progress toward paying the debt down. It can take years of making the minimum payment to actually pay off the balance, because interest makes up

Secured vs unsecured lines of credit

June 30, 2024 No Comments

A line of credit (LOC) is a lending arrangement between a financial institution (usually a bank or credit union) and either a business or an individual. A credit account is extended to the borrower with a maximum limit to borrow against. Unlike a mortgage or

Secured vs unsecured lines of credit

July 7, 2024 No Comments

What affects my credit score?

June 30, 2024 No Comments

A: Having several credit cards, in and of itself, does not hurt your credit score. What matters are the specifics of those cards and how you have used them. Your credit score is roughly based on five factors, some of which are weighted more heavily

What affects my credit score?

July 7, 2024 No Comments

What am I buying and selling in the forex market?

July 7, 2024 No Comments

A: The forex market is the largest market in the world. According to the Triennial Central Bank Survey conducted by the Bank for International Settlements, the average daily trading volume reached $1.9 trillion in 2004. This huge trading volume provides the forex market with excellent

What are the advantages of using a mini forex account for trading?

June 30, 2024 No Comments

A: A mini forex trading account involves using a trading lot that is one-tenth the size of the standard lot of 100,000 units. In a mini lot, one pip of a currency pair based in U.S. dollars is equal to $1, compared to $10 for

What are the advantages of using a mini forex account for trading?

July 7, 2024 No Comments

What are the advantages of using a mini forex account for trading?

July 7, 2024 No Comments

What are the differences between AMEX and Nasdaq?

June 30, 2024 No Comments

A: While similar in purpose, the American Stock Exchange (AMEX) and the National Association of Securities Dealers Automated Quotations (Nasdaq) are also unique from one another. The AMEX is the third-largest stock exchange by trading volume in the United States. In 2008, AMEX was acquired

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