Kelly Ernst , Author at Money Crashers

Are Banks Open Today? 2024 US Bank Holidays

Kelly Ernst — Tue, 31 Jan 2023 14:00:00 +0000

Banks don’t take many days off, and the days they do take off are fairly consistent from year to year. Here’s when you can expect your bank to be closed.

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How to Fill Out a Money Order — 6-Step Guide With Example

Kelly Ernst — Mon, 23 Jan 2023 18:00:00 +0000

It's easy to go your whole financial life without ever coming across a money order. But if you're here, someone's asked for one, so follow these directions to fill it out.

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Savings Account — What It Is & The Best Type For You

Kelly Ernst — Wed, 18 Jan 2023 12:00:00 +0000

A savings account is a deposit account that earns interest. Learn the different types of savings accounts, how they work, and how to open one.

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What Is a Credit Freeze & How Do You Lock Your Report?

Kelly Ernst — Fri, 06 Jan 2023 15:00:00 +0000

A credit freeze prevents scammers from opening a new credit line in your name, but it doesn’t prevent all fraud. You can still use your existing credit accounts when your credit is frozen. Freezing your credit is free with all three credit reporting bureaus, and a freeze lasts until you lift it.

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Wells Fargo Fined (Again) — The $3.7 Billion Scandal & Penalty

Kelly Ernst — Thu, 22 Dec 2022 21:09:05 +0000

On Dec. 20, 2022, the Consumer Financial Protection Bureau fined Wells Fargo $3.7 billion for repeated legal violations. We break down the latest scandal and some of the bank’s biggest prior ones and explore what it means for you if you’re a Wells Fargo customer.

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How to Get Out of Credit Card Debt Fast – 9-Step Pay-Off Plan

Kelly Ernst — Wed, 14 Dec 2022 12:00:00 +0000

Being in debt sucks. Paying it off can feel intimidating, but it is possible. If you’re struggling with high credit card balances, it's more than possible to pay off your debt once and for all.

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11 Types of Bank Services You Can Take Advantage Of

Kelly Ernst — Tue, 13 Dec 2022 22:32:00 +0000

If you’re like the average person, you probably only use your bank for a handful of things. But it offers a plethora of services, some of which you may not even be aware of. Get the most out of your bank by reviewing the standard services most provide.

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Bank Run — Meaning, Causes & Historical Examples

Kelly Ernst — Fri, 09 Dec 2022 18:00:00 +0000

Trust is the reason banks stay in business. If enough people lose that trust, it can set off a series of events known as a bank run, which can ultimately lead to the bank failing. Learn more about bank runs here.

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5 Common Zelle Scams & Frauds – How to Protect Yourself

Kelly Ernst — Mon, 28 Nov 2022 23:06:33 +0000

Payment apps like Zelle make transferring funds easy. Unfortunately, they also make it easy for scammers to get ahold of your money. Protect yourself by knowing what common Zelle scams look like and how to avoid them.

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Postdated Check Meaning – What Is It & Can You Deposit One?

Kelly Ernst — Fri, 25 Nov 2022 21:27:17 +0000

??A postdated check is a check with a future date on it. Postdating a check is a way to ensure you have enough funds in your account to cover the amount when the check is cashed. However, it’s not as foolproof a strategy as you might think.

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How Do You Stop Payment on a Check?

Kelly Ernst — Wed, 23 Nov 2022 14:00:00 +0000

A stop payment order is a request to cancel a check so it can’t be cashed. Stopping payment on a check is pretty easy. Learn how to do it (and how to avoid having to do it in the future).

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7 Types of Bank Scams & How to Avoid These Frauds

Kelly Ernst — Mon, 07 Nov 2022 22:08:29 +0000

Bank scams run the gamut from the clearly fraudulent to the deceptively convincing, and even the best of us can be fooled. Protect your hard-earned cash by knowing what to look for.

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Should You Pay for a Credit Repair Service?

Kelly Ernst — Fri, 04 Nov 2022 20:22:41 +0000

A bad credit score hurts you in many ways. Credit repair companies offer to help you fix your score for a fee. But are they worth it? We take a closer look.

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