By Lars Tramilton
Time value of money is the concept that money that is currently available has a higher worth than the exact same amount in the future. This is due to the potential earning capability that the money has. It is believed that, since money has the potential to gain interest, any amount of money has a higher worth immediately after it is initially received. Another term for "time value of...
By Jessica Pestka
PayPal is a popular alternative way to send and receive money electronically. PayPal enables individuals to pay or receive payment for merchandise without sharing personal financial information. PayPal, owned by eBay, also provides two different forms of credit cards for customers. One of these credit cards is the PayPal Buyer Credit account. The PayPal Buyer Credit account is supplied by GE...
By Richard Thomas
Credit card companies want your business just like any other enterprise, and balance transfers are how they compete for it. By offering lower balance transfer APR rates, they encourage borrowers to move debt from other cards onto their cards. Sometimes the balance transfer is a good money management practice, but that depends on the terms and the borrower's plan. A balance transfer is a...
By Sam Holder
Are you interested in raising your credit limit? Lowering your interest rate? Disputing a charge or fee? All can be accomplished. The key is to know how to talk to representatives at a credit card company. Most companies are willing to work with their consumers in order to retain business and maintain quality customer service. Keeping a cool head, a logical argument and a firm commitment to...
By Laura H.
A credit score can be as low as 300 or as high as 850. Understanding what these numbers mean will help you better understand if you qualify for various kinds of credit. A score that is lower than 545 is going to be considered poor. If it is between 545 and 630 then it is considered fair. A good credit score would be above 630 to 700 and anything above 700 is considered great. This number is vital ...