Tag: Banks

What are the different types of financial institutions?

Banks, trust companies, and credit unions are all financial institutions that can provide you with services. It is very important that you are able to recognize the difference between them, so you can register with the organization that is right for you. Read on to find out more. Banks, Trust Companies, and Credit Unions Banks [...]

What are the different types of bank accounts?

There are two main types of bank accounts: savings and chequing accounts. Savings accounts are used to save money. Chequing accounts are used to pay money owed to other people or companies. Both accounts are offered by different types of financial institutions including banks, trust companies, and credit unions.  Read this guide to find out [...]

What is credit rating and credit score? How can I build it?

Your credit starts when you borrow money, apply for a billing service, or apply for a loan or credit card. The definition of credit is the ability to get goods or services without payment, based on the trust that you will be able to pay the seller or loaner back in the future. Credit is a [...]
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