Remove money-management-myths
article thumbnail

Pay No Heed To These Money Management Myths

BankBazaar

Misconceptions about money keeping you from taking your finance game to the next level? Take note of these common money management myths! Myth 1 – Only The Rich Can Invest. Additional Reading: 7 Credit Report Myths Busted. Myth 2 – Credit Card Balance Is Good For Your Credit Score.

article thumbnail

Are Credit Cards Misunderstood? Let’s Bust Some Myths!

BankBazaar

Additional Reading : 10 Myths About Credit Score And Credit Report. It significantly reduces the chances of losing money (as an added bonus). Credit Card statements simplify your life and let you plan your money better. Additional Reading: Credit Card Myths & Facts. Additional Reading : Money Myths VS Facts.

Cards 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FATF Releases New Guidance on Key AML/CTF Concerns

Abrigo

Takeaway 3 The Money Laundering from Environmental Crime report was released and focuses on forestry crime, illegal mining, and waste trafficking. . Using shell companies to hide funds from money laundering, corruption, terrorist financing, and other illicit means has been a global concern for some time. New Guidance Released.

Training 195
article thumbnail

Sure-Fire Ways To Keep Your Credit Card Usage From Spiralling Out Of Control

BankBazaar

Most importantly, it allows you to borrow money with an interest-free period. For instance, a card lets you save money on air travel with reward points. These fees are charged from the time you withdraw money until you pay it back. Additional Reading: Pay No Heed To These Money Management Myths.

Cards 145
article thumbnail

Prevention is the Key to Stopping Elder Financial Exploitation & Fraud

Abrigo

While each state defines elder financial exploitation differently, it is generally defined as the act of illegally or improperly using or stealing a vulnerable senior's or disabled person's money or property. These crimes can result in significant loss of financial resources for the victims and often greatly impact their quality of life.

Fraud 195
article thumbnail

Myth Busting with Clever Girl Finance and Jenelle Dito, FICO® Score Open Access Program

FICO

Bola Sokunbi of Clever Girl Finance recently chatted with Jenelle Dito, Director, FICO ® Score Open Access program, for her podcast episode ‘ Dispelling The Most Common Credit Myths ’. such as Operation HOPE and Justine PETERSEN to share FICO® Scores — for example, for financial management plan review — with consumers for free.

Lending 40
article thumbnail

Debunking the Top-3 Pooled Model Myths

FICO

First, let’s do some myth debunking about pooled models. MYTH #1: We already use a credit bureau score to assess application risk. MYTH #2: We don’t have the time, money, or resources to deploy and support complex models. It’s all too complicated and hard to manage. Does that sound like a tall order? Is it doable?