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Channel: Karen Axelton, Author at Experian's Official Credit Advice Blog
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Do I Need Paper Checks Anymore?

Paper checks let you make purchases, pay bills or pay someone using money from your checking account. But in the age of Apple Pay, Venmo and online shopping, does anyone need paper checks anymore? You...

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What Is a Check Hold?

Have you ever deposited a check in your bank account, only to find the money isn't immediately accessible? Banks sometimes place holds on checks, which can cause problems if you need to use your...

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Can You Buy a Money Order With a Credit Card?

A money order can be a useful form of payment in some situations. But before you head out to buy a money order, it's important to know how you'll pay for it. You generally can't buy a money order with...

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How Does Early Direct Deposit Work?

If you use direct deposit for your paycheck, government benefits check or pension, you know how convenient it can be. Direct deposit gets money into your bank account quickly and securely, without the...

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What Is a Pending Transaction?

Have you ever deposited a check and discovered the funds aren't available right away, or wondered why a credit card purchase didn't show up on your statement for weeks? Pending transactions affect the...

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How to Pay a High Energy Bill

Paying monthly energy bills is no one's idea of fun, and can be especially painful when you get an unexpectedly high bill. Fortunately, even if your latest energy bill was jaw-droppingly steep, you...

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6 Myths About Savings Accounts—and the Facts

You're old enough to know the Tooth Fairy and Bigfoot are myths—but are you still falling for falsehoods about savings accounts? Believing misconceptions around savings accounts could keep you from...

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Do You Have to Notify Your Credit Card Company When You Travel?

Planning your itinerary, booking flights and hotels, packing your bags—there's a lot to do before you set off on a trip. Before you travel, should you also notify your credit card issuer of your...

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10 Ways to Increase Your Job Security

Do rumors of layoffs have you stressed about job security? According to a survey of 1,900 U.S. workers from career site MyPerfectResume, some 85% of workers are worried about losing their jobs in...

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How Do Small Business Loans Work?

Whether you're preparing to start or expand a business or seeking to survive a sales slump, a business loan can offer the financial boost you need to succeed. Small business loans can provide a...

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Are Credit Card Rewards Taxable?

Rewards credit cards can help you earn cash back, enjoy travel perks or save on airfare and hotel stays. But do you have to pay taxes on the credit card rewards you earn? Credit card rewards earned by...

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Pros and Cons of Business Credit Cards

Whether you run a fast-growing startup or a part-time side hustle, a business credit card can offer a convenient way to finance business purchases. Business credit cards allow you to easily separate...

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How to Get a Business Loan

You have big dreams for your small business. But do you have the big bucks in your bank account to achieve those goals? If not, a business loan could help. Start your search for a business loan by...

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How to Pay for Adopting a Child

Adopting a child can bring a lifetime of joy, but it typically comes at a significant financial cost. Adoption expenses such as legal fees, travel and medical bills can total tens of thousands of...

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10 Business Loan Mistakes to Avoid

A small business loan can help your business get off the ground, get through a slow sales season or get to the next level of success. Obtaining a business loan can be challenging, but making the right...

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Can You Return a Car You Just Bought?

Buying a car can be both exhausting and exhilarating. But once the excitement fades, what are your options if you change your mind about your new vehicle? You generally can't return a car you just...

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How to Check Your Credit Card Application Status

Have you recently applied for a new credit card? It's not always easy to be patient when you're eager to find out if your application has been approved. Fortunately, you can usually check the status...

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What Are Overdraft Fees?

An overdraft fee can occur when you spend more money than you have available in your checking account, but your bank or credit union authorizes the transaction anyway and charges you for that service....

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Savings Accounts vs. No-Penalty CDs: Which Is Better?

Want to help your savings grow faster? No-penalty certificates of deposit (CDs) and savings accounts are both ways to earn interest on your money while keeping it safe. Whether a savings account or...

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Pros and Cons of SBA Loans

Need money to start or expand your small business? Loans guaranteed by the U.S. Small Business Administration (SBA) can be the perfect solution for some business owners, but SBA loans aren't right for...

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