Credit card issuers charge merchants a processing fee for each transaction they accept using their respective cards. These fees add up fast, can ultimately cut into a business’s profits, and can even lead smaller businesses to choose not to accept credit cards at all. This is also why it’s common to see stores refuse Discover
Bloomberg/Getty Images Warehouse club Costco is responding to the growing trend of its members sharing their cards with non-members. The company’s plan to clamp down on unauthorized users shopping its stores — who typically use the self-checkout kiosks — is to focus on checking IDs. To be clear, Costco members can rightfully share their membership
Bouncing a check can, first and foremost, lead to hefty fees. Depending on how your bank handles the charge, and the individual overdraft option you’ve selected for your account, you can be charged either an overdraft fee or a nonsufficient funds (NSF) fee. Overdraft fees are charged if your bank temporarily covers/pays your check amount,
The first thing customers will face when missing a credit card payment is a late fee. These fees can vary depending on your cardholder agreement, and the credit card issuer’s policies. Legally, credit card companies can only charge certain amounts for late fees. For instance, a first-time late payment can only be charged a fee of
In the United States, there is no federally mandated maternity leave, and just less than half of American women qualify for the Family Medical Leave Act (FMLA) 12 weeks of unpaid, job-protected leave. Only three states — California, Rhode Island, and New Jersey — offer any form of guaranteed paid maternity leave whatsoever, making the
Everyone has a different financial situation and how they deal with credit. If you’re the type of person that has trouble balancing their budget and rely too heavily on credit cards, then maybe having less credit is a better option. Especially when it comes to building a good credit score — which is largely based
When an economy gets “hot” — which is what happens when people have a lot of credit, a lot of extra money, or simply want to spend — businesses end up making things more expensive, either because they don’t have enough to sell, or because they feel they can get away with making more money.
If you have run into a situation where you need to provide a voided check or void one you’ve just written, it can be done easily by following a few steps. First, before you write anything, make certain you’re using a black or dark blue ink pen. This will ensure the message you write stands
There’s nothing more stressful than expecting money just to find that you have to wait seemingly forever for it. Luckily, when it comes to when to expect your tax refund, the Internal Revenue Service is upfront about the time it may take, which will depend on how you chose to file your tax documents. If
Another feature that plays a role in this level of economic confidence is the fact that unemployment is typically found to be at some of its lowest rates during these types of market conditions. Unemployment, according to the Economic Policy Institute, is a good indicator of the economic direction that a nation is experiencing at