What is Back-End Ratio? This is also known as a debt-to-income ratio. Back-End Ratio is used to determine how much of a person's salary would be used to clear his or her debt. It can also be used...
What is cryptocurrency?According to Investopedia, a cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Ma...
The gender-based programme is formulated to train women farmers in Basic Agronomic Practices and Financial Literacy, to help them to make informed farming, and agribusiness conclusions while empower...
What is a Bank Confirmation Letter (BCL)?DefinitionA bank confirmation letter is a letter that confirms an established loan or line of credit with a financial institution. It is a letter gotten f...
A stimulus check of $100 is set to go out to citizens to help bear the burden of increased gas prices.The national average for a gallon of gas is about $4. This is a major hurdle, an unpleasant cost t...
The JetBlue Business card is $99 a year and offers 6 points per dollar spent on JetBlue purchases, as well as a bonus of up to 60,000 points and an extra 10,000 points following a purchase on an emplo...
Everyone talks about money and everyone is in need of money. There is hardly anything one wants to do that doesn’t involve money. But not everyone knows how money works.That is why some don’t know...
According to the annual report released recently, Klarna is moving toward profitability despite a $1bn decline in revenue in 2022.The Swedish fintech company Klarna, even after facing a loss of $1bn h...
What exactly is the Mortgage System?Well, simply put, a mortgage is a loan that you take out to buy a house or other property. You borrow money from a bank or other lender, and then you pay it back ov...
DefinitionThe banker’s acceptance, also known as bill of exchange, is a bank draft that requires a bank to pay a holder of an instrument a stated amount on a specified date. This usually occurs with...