Tag: financial system
Posted in Banking
How banks handle your funds when you deposit them
Banks play a crucial role in the economy by managing deposits and making loans, but many people don’t realize exactly what happens to their money…
Posted in Banking
How banks handle your funds when you deposit them
When you deposit money into a bank, the bank doesn’t just let your funds sit in a vault. Instead, they use your deposits to carry…
Posted in Credit Cards
When will interest rates on credit cards go below 20%?
It’s difficult to predict exactly when credit card interest rates will fall below 20%, as they are influenced by a variety of economic factors, policy…