August 15th, 2012
How Your Credit Score and Banking Are Linked
**Today’s guest post is contributed by Kristina.**
Many people know that they need a bank account because they need somewhere for their pay to be deposited and they need to pay bills each month. Many people also know that they should have a credit card and use it responsibly because it helps them build a strong credit history and a good credit score; but not many people know that their banking relationships can also affect their personal credit score.
It’s true, the way that people use their checking account and other banking products is directly related to your credit score and it can affect you in a negative way if you aren’t careful and responsible. Some people think that only their credit cards and other credit products such as lines of credit, mortgage loans and overdraft protection directly affect their credit score, but unfortunately that is not true. Of course your credit products and how you use them on a monthly basis are the main factors that affect your personal credit score, but keep reading to find out how your banking relationships can also affect your credit score.
June 22nd, 2012
Prepaid Debit Cards, Fees and Impending Regulations
March 1st, 2012
Bank of America Tests New Banking Fees
December 13th, 2011
How the Robin Hood Tax Would Take Money From the Rich for the Poor
November 4th, 2011
Big Banks Drop Debit Card Fees, But Can They Still Hold on to Customers?
October 13th, 2011
Will Bank Transfer Day Take Down Big Banks?
Occupy Wall Street has received a lot of media attention due in large part to the protests and arrests occurring in New York and other major cities. Many consider the conversation around the dissatisfaction of banks to be a constructive idea, yet despite their growing following, Occupy Wall Street has yet to put any plans into motion to change the system.
That all changed this past week when an event called “Bank Transfer Day” emerged on Facebook encouraging people to switch from their current bank to a credit union by Nov. 5. While the event’s creator is not directly tied to Occupy Wall Street, many of its followers have shown support for the event, and it could mark the turning point for the movement.October 7th, 2011
The $5 Debit Card Fee: You Talk the Talk, But Will You Walk the Walk?
October 6th, 2011
Favorites from FinovateFall 2011
In light of yesterday’s news, we thought we’d pay tribute to one of technology’s most innovative spirits by highlighting some up and comers in the financial realm. So we’ve put together a short list of our favorite new ideas from FinovateFall 2011’s “Best of Show”.
August 2nd, 2011
Facebook Question: Finish That Limerick!
The other week Danielle posted about new, cool credit union marketing strategies. Our favorite by far is Elevations Credit Union’s "Big Bank Limericks" contest, where entrants must write their own limerick talking about why their bank has frustrated them.
July 19th, 2011
5 Reasons to Love Your Bank
The blog lately has been spreading a lot of credit union love. And now I’m here to spread a little bank love. I think everyone should choose the financial institution that’s right for them. Here are five reasons why I’m sticking with my big bank and not jumping on the credit union bandwagon.
