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Electronic Payments Are the Way to Go

admin — Fri, 04 Jun 2010 13:44:17 +0000

How many checks do you write a month to pay your bills? Do you miss any payments along the way? Do the bills frequently get lost in the mail or arrive a few days before the due date? One of the most ingenious ways to ensure that all bills are paid on time is to sign up for electronic payments. Here is some banking advice to get you started on paying your bills electronically. Since the electronic fund transfer was developed, paying bills and/or depositing paychecks directly into your savings or checking account has never been easier....

Online Bill Paying

admin — Fri, 30 Oct 2009 16:14:21 +0000

In this age of technology where most things can be processed by the click of a mouse, online bill paying has become a fast, convenient, and easy way to pay bills, keep track of expenses, and save money. Is it for everyone? Obviously not - there are still those who prefer to write a check or acquire a money order to pay for their bills. What are the pros and cons associated with online bill paying? It depends on the individual. Those who are familiar and comfortable with using a computer to shop and pay bills will...

Financial Scams

admin — Tue, 08 Sep 2009 14:28:25 +0000

On any given day, you may receive an email that is claiming you can make millions from the comfort of your own home. Or, if you are looking to make money online, there are hundreds of thousands of online companies who would gladly take your money and send you an outdated e-book that offers nothing in the way of financial value. According to the U.S. Securities and Exchange Commission, there are “hundreds of online investment newsletters that claim to offer invaluable information. But, there are many fraudsters who lie about the payments they received, their independence, their so-called research,...

Online Banking Scams

admin — Thu, 23 Apr 2009 15:14:39 +0000

There are many unscrupulous people who are trying to take advantage of consumers. Scams are all around us, just think about Bernie Madoff’s ponzi scheme that resulted in billions being lost by very sophisticated people. We’ve all probably received emails similar to the ones I will be discussing in this article. Following are two online scams that could trick you into providing personal information that will compromise either your online accounts or identity. The Bank/Credit Card Email Scam: If you get an email asking you to sign-on to your bank account or credit card through the email because your privacy is...

Phishing Alert

admin — Mon, 16 Mar 2009 14:51:07 +0000

The Federal Deposit Insurance Corporation has placed more and more banks on its “watch list” of troubled institutions. This continues to create worry amongst the public at large. This has created a new type of phishing email. Popular phishing attacks, emails that are designed to capture private information from consumers like social security numbers and passwords, have historically used schemes like online access to your account has been blocked click here to unblock your account. The naïve consumer would simply enter this information into a page that looks like it’s from your bank, however the page is being hosted by...

Five Reasons to Bank Online

admin — Sun, 22 Feb 2009 18:26:24 +0000

Online banking has become increasingly popular, and many consumers have started to enjoy the benefits of banking online. There are many different reasons why people decide to opt for an online bank account, and in the space of around six years the number of consumers using online banking has more than doubled. Here are some of the top reasons for opting for online banking.

1. Convenience and ease. With online banking you do not have to even leave the house or pick up the phone in order to conduct your banking transactions. Thanks to the Internet you can now perform these...