Busconómico's Blog

Differences between credit and prepaid cards

With so many cards available in the U.S. financial system, it is to be expected that people are not sure how each one works. Since we're focused on improving your personal finances, we want you to know the differences between credit and prepaid cards so you know which one might work best for you..

11/11/2022 Read more

Savings Accounts vs Money Market Accounts

It is common for many people to confuse certain financial terms because they are not used to managing every little detail of their money. This confusion can arise between savings accounts and money market accounts (MMA), whose characteristics tend to be very similar. In this article we will see wha..

11/11/2022 Read more

How do quick cash loans get so fast?

There is no doubt that there are different reasons why Americans or U.S. residents need other sources of financing. As a thriving industry, fast money lenders challenge traditional institutions with their "too much" attractive offers. To find out how they can offer you money so fast, we wi..

11/11/2022 Read more

Mortgage loans requirements in the United States

Looking for financing is one of those things we give a lot of thought to because of the time, money and paperwork involved. Nor is it enough to understand that it becomes even more complicated when our financial situation is not ideal.The subject of the requirements to obtain a mortgage loan is some..

11/11/2022 Read more

What happens if you don't pay back a personal loan?

The financial situation is a phenomenon of many ups and downs for most people. Sometimes you will have the liquidity to meet your commitments, but there will be times when you may not be able to and have to resort to personal loans. However, before you take one out you should know that if you defau..

11/9/2022 Read more

What is covered by mortgage life insurance?

Mortgage life insurance is an important part of American financial culture. Designed exclusively to keep your family from bearing the cost of your mortgage loan if you die, it is not to be confused with Private Mortgage Insurance (PMI). Since this is a popular banking product, we'll take a clos..

11/9/2022 Read more

What do credit card rewards programs offer?

One of the many reasons consumers want a credit card has to do with rewards programs. This benefit, promoted by banks and plastic issuers, is a popular strategy to invite more spending and create greater loyalty. If you want to know what they are and what they offer, we tell you. How do the rewards..

10/28/2022 Read more

What is the Green Card and what is needed to obtain it?

Those who pursue the "great American dream" by immigrating to the United States know that they must ensure their permanence to avoid legal problems and fulfill their citizenship duties. This is achieved by obtaining the famous green card, about which we will talk more extensively for you t..

10/28/2022 Read more

Requirements for fast online loans in the United States

The increase in financing, financial crises and the modernization of banking have led to new ways of borrowing money without so many complications. Alternatives such as crowdfunding, crowdlending, P2P loans, payday loans and more are already part of our daily lives. In this article we are going to ..

10/25/2022 Read more

Differences between checking and savings accounts

The appropriate choice of banking products should be focused on their usefulness for our personal finances. Due to lack of knowledge, there is a tendency among users not to be able to differentiate between a checking account and a savings account. For this reason, we clear up this confusion so that..

10/25/2022 Read more

What are Jumbo loans (large mortgage loans)

When we think of Jumbo mortgages or Jumbo loans, we may imagine something so big that we may not be able to handle. There is some truth to that statement and that is what we will try to find out more about in this article. What Jumbo Loans Are All About A jumbo loan represents a mortgage that excee..

10/24/2022 Read more

How to compare credit cards

In this information age, taking the plunge and applying for a credit card without comparing other options reveals poor financial judgment. However, this behavior should not surprise us because many people prefer to jump the gun before doing their research. Since we at Busconómico want to help you m..

10/24/2022 Read more

News and savings tips for your personal finances