Archive for April, 2010

What is the difference between a car loan and car lease?

Apr 5th

Posted by Banks in Buying & Selling

No comments

My mom wants to return her vehicle and she says it’s out on a loan. My parents never bought a car, and now that my father passed away, she turns to me for what to do. She wants to know if she can just go and turn it in and pick out a new one or will she have to pay more for some damage to the vehicle! Please help. Serious answers only!

By: vetsmom_rgv

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My credit card balance is over 50%. How long will it take my credit score to go back up?

Apr 4th

Posted by Banks in Credit

3 comments


Hi. I recently just got my first credit card ever and used it to make a $1600 purchase. The credit limit is $3000, so obviously I’m over 50% of the balance, and I just learned that’s bad for credit scores. I expect to be able to pay off the purchase in the next two or three months. Will my credit score go back up immediately after I get the balance on my card down, or will it take a while? Thanks.Submited by:Casey
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What is the best bank for a checking account with no fees and takes security seriously?

Apr 2nd

Posted by Banks in Personal Finance

4 comments


I am looking for a free checking account that will not charge fees (except for overdraft charges). I want to be able to keep a low balance of about $100 most of the time and use it to pay many online bills and transfer funds to my online savings accounts without ANY fees.

It is also very important for me to have a bank that takes security very seriously and will refund money due to fraud quickly…
Which banks do you guys suggest?Submited by:Jason

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