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Drawbacks of using a personal bank account for business. You might be thinking, “Well, it doesn’t sound that bad to just use my personal checking account for business.” ...
Comparing interest rates is an important part of choosing a business savings account. At many traditional banks, personal and business bank accounts have similar rates. You may find more ...
The Motley Food Ascent conducted a survey in July 2023 showing that the typical American has $1,200 in their savings account. I quote that statistic only to make this point: Most of us don't have as ...
If you’re using your personal bank account for your business, it’s time to switch. Here are the legal and logistical reasons why you need a separate business bank account.
Many personal loan lenders can fund your loan within a week, but approval times vary. Here’s what to know about how long it takes to get a personal loan.
With a joint account, you get an extra layer of deposit insurance against bank failure. The Federal Deposit Insurance Corp. ( FDIC ) insures joint accounts for up to $500,000, compared with ...
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