What is a suspense balance

What Is a Suspense Balance? Mortgage Suspense Accounts Explained

A suspense balance is money that a lender holds in suspense until the payment can be applied to the loan. This can happen for personal

Budgeting
missed payment for car repo

How Many Car Payments Can You Miss Before Repossession?

Key Takeaways Repossession generally occurs after two or three missed payments. Some lenders may initiate repossession after a single missed payment if outlined in the loan…
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overdrawn bank account went to collections

Overdrawn bank account went to collections what to do

Are you worried because your overdrawn bank account went to collections? A negative balance in checking accounts can cause a great deal of stress, especially…
Budgeting
What Does It Mean To Be Financially Stable

What does financially stable mean?

Financially stable means being responsible with your money, saving, budgeting, and preparing for the unexpected. Unfortunately, fewer than 1 in 3 adults in the U.S….
Budgeting
where can i cash a third party check

Where can I cash a third party check

Wanting to cash a third-party check? Some common places you can cash checks are:  Check cashing stores Currency exchanges Banks Credit unions  However, there are some things you may want…
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how long does it take to unfreeze a bank account

How long does it take to unfreeze a bank account?

The time it takes to unfreeze a bank account depends on the reason the account was frozen. Technical glitches or errors may just take a…
Debt
can you go to jail for not paying a payday loan

Can you go to jail for not paying loans 

Key Takeaways Can you go to jail for not paying loans? You can’t go to jail for not paying payday loans; lenders/collectors threatening jail is illegal…
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