Many credit cards, like American Express, use codes behind the scenes to keep their records organized. Even though we see these codes on our bills, they are just for the credit card company to help with bookkeeping. Codes like “DR ADJ REDIST CADV PRIN” are actually adjustments that American Express makes to your account internally. ...

Have you seen the term “interest-saving balance” mentioned on your credit card statement? It’s a new feature being offered by some credit card companies, but what does it really mean? An interest-saving balance is designed to help you save money on interest charges for your credit card. It gives you the option to pay just ...

A stock analysis company called FintechZoom thinks it might be possible to invest in the automaker General Motors (GM). FintechZoom is very optimistic about how GM’s stock price and business will grow over the next ten years. They believe GM is well-positioned to benefit from the significant increase in electric vehicle (EV) sales. FintechZoom has ...

This passage analyzes an investment called QQQ stock. QQQ tracks the top tech companies listed on the Nasdaq stock exchange. It lets investors get exposure to companies like Apple, Microsoft, and Amazon with one investment. The article will look closely at how QQQ has performed and what could affect how it does in the future. ...

Have you ever seen the letters “P2” followed by “Truedly” listed as a transaction on your bank or credit card statement? Why are you being charged this? P2 Truedly is the name of a payment processing company. If you made a purchase from a company that uses P2 Truedly, this charge will show on your ...

To invest means that a person employs funds they own by acquiring shares, debts, or property, expecting to regain these funds by increasing their value. It requires you to take some chances with your money as a strategy whereby you can make your fortunes grow over time. One can plan for their retirement by making ...

A “VGN Envoye Charge” is a recorded transaction indicating payments or purchases made using the VGN Envoye service. It represents expenses processed through VGN Envoye and appears on credit card statements. Stumped by a “VGN Envoye charge” on your bill? It’s time to dig deeper. Let’s unravel this puzzling charge together. Your peace of mind ...

Invest Fest 2023 was a unique event held in Atlanta, Georgia that aimed to empower black investors and entrepreneurs. The three-day festival combined investing, entrepreneurship, music, and culture to celebrate the creation of black wealth. Investing and building wealth can seem intimidating, especially for communities that have faced systemic barriers. Financial education events tailored for ...

For many years already, FFNHelp has been bothering the minds of men. They wonder what it is, why it manifests, and if it should be a concern. With the way most people have to watch their finances in this day and age, fees like this are a wonder. This is an article that will explain ...

An ACI CHRCAP transaction uses your bank to clear electronic funds. ACI CHRCAP stands for Automated Clearing House Credit. This money is in the virtual form of an electronic record in your account.  This includes things like your paycheck, tax refunds, and bill payments; you name it, it will probably use this method of deposit. ...