Everything You Need to Know About TeleCheck

In a world where data collection happens at every corner — from your online browsing history to what you buy at the grocery store — it comes as no surprise that your history of writing checks is also tracked. One of the most prominent agencies collecting data on your check-writing behavior is TeleCheck. Much like…

What Is a Voided Check?

While many people have switched to using debit cards instead of checks, there are times when checks may still be needed. There are also instances when a company requests a voided check or when you wish to have a check voided for your own purposes. Rather than figuring out the process as it comes up,…

Credit Unions vs. Banks: What’s the difference?

At first glance, credit unions and banks may not seem that different from each other. After all, they both offer consumer checking and saving accounts and they also make loans using deposits. Aside from these identical basic services, credit unions and banks also maintain several differences, particularly in their organizational design, infrastructure, and rates and…

How to Get a Cashier’s Check

When it comes time to make a large purchase, your payment options may be limited. Perhaps the seller isn’t willing to accept a personal check and cash isn’t a practical option. In fact, depending on the situation, you may be required to use a cashier’s check. Whether it’s mandatory or it just sounds like a…

What Is APR?

When you finance a purchase, whether it is a significant item such as a car or house, or something small like groceries or clothing, you have to pay an annual percentage rate or APR. You’re even charged an APR if you have a credit card or charge account. Many people think the APR means the…