US Senator Marco Rubio, who could be the first Latino to serve as Secretary of State under President-elect Donald Trump’s administration, has a history of financial missteps that have come under the spotlight repeatedly over the years. Despite his role as a prominent political figure, Rubio’s handling of his finances—from questionable credit card practices to … Read more
In a viral TikTok video, Miami-based car expert Jayden Bloom voiced his shock over what he called the “worst car deal” he’d ever encountered. The video reveals Bloom’s reaction to a woman who, thrilled with her new car purchase, disclosed that she had bought a Toyota Camry with zero downpayment. Yet, the real shock lay … Read more
South Africa has made a groundbreaking leap in digital finance, becoming the first country to benefit from Mastercard’s new real-time card payments system. This initiative, a first for the global payments giant, aims to boost financial efficiency by allowing banks to process transactions instantly. With this new system, merchants in South Africa will experience quicker … Read more
National Public Data (NPD) sources personally identifiable data from public and court records as well as other repositories to provide online background checks and fraud prevention services. The company confirmed several weeks ago that it suffered a data breach involving 2.9 billion records dating back at least three decades. According to a class action lawsuit … Read more
Business TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly $28 million US for repeatedly sharing inaccurate, negative information about its customers with credit reporting agencies, potentially tarnishing customers’ credit score. Bank provided inaccurate information about customers to credit reporting agencies Thomson Reuters · Posted: Sep 11, 2024 10:42 AM EDT … Read more
Alyse Benoit, 39, always received financial help from her late dad and 64-year-old mother, no matter the situation. Her stepdad passed away last year, and now the widowed mother ensures she has affordable housing for her kids with bills like internet and utilities taken care of. Over the years, Alyse’s mother gifted her cash and … Read more
How would you deal with a situation where your mother racked up $30,000 debt in your name without telling you and asked you to repay it for raising you? That happened with a young daughter last year before graduating from college. In a recent Reddit post, she shared her ordeal about finding out her mother’s … Read more
A married couple in their early 40s, living in the Bronx, New York, has found themselves in a financial bind despite earning a combined annual income of nearly $175,000. The couple, who have a 9-year-old daughter and a puppy, struggle to make ends meet with no assets and a paltry $200 in savings. Despite a … Read more
UK business credit cards enable companies to borrow flexibly for scaling, support business cash flow, improve transaction visibility, issue cards for employees, and bundle reward points from company-wide purchases for cash. Several UK lenders offer business credit cards to corporations and solo entrepreneurs at low rates with high credit limits, subject to meeting their eligibility … Read more
A credit score determines your creditworthiness. When you apply for products like credit cards, loans, or mortgages, lenders check your credit score and profile to review your loan repayment history, credit utilisation, credit mix, and enquiries before determining your loan eligibility and terms. A poor credit score could lead to application rejection or approval with … Read more
