Cash-in Refinancing? - A few years ago everybody wanted to take cash out of their homes. A house was not a place to live, but a place to store equity in case you needed cash - kind of like an ATM. ...Read Full Post
USAA Mobile Check Deposit Report - USAA bank customers deposited 1.5 million checks with mobile phones over the past year.
USAA led other banks with remote deposit capability, but a few others are getting on board. Instead of going to the bank, you can just take a picture of a check using special software on your phone or computer. Your bank will process the check and add money to your account. ...Read Full Post
100+ Bank Failures in 2010 - Seven banks failed yesterday, bringing the total number of bank failures to 103.
In 2009, we didn't see 100 banks fail until late October. However, some suspect banks got some slack last year, and that the FDIC waited to see if the economy would help banks get back on their feet. ...Read Full Post
Don't Get Skimmed at the Pump - How safe is it to pay at the pump? Most of the time, you're probably fine. However, card skimmers continue to improve and pop up at gas stations.
When you slide your card into a card reader, there may be an extra device involved - a "card skimmer" - that thieves use to steal bank information. They can create fake cards, and use them as if you handed over your own card. ...Read Full Post
Electronic Payments - Getting There - When you bank online, you can do just about everything you used to do the old-fashioned way.
Most tasks are easier. You can pay bills, organize transactions, and view checks without moving from your desk. ...Read Full Post
Investors Can't Walk Away From Mortgages - With falling home prices and a rough economy, some people decide to just walk away from mortgages. They stop making payments whether or not they can afford them, knowing that sooner or later the bank will foreclose. ...Read Full Post
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