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Finance

What Happens When a Creditor Closes Your Account?

If your credit card closed, heres why that might have happened and what to do next. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Has your credit card closed? Even those with good-to-great credit face hurdles at times, particularly if you forget about a card … Read more

Can I Take Bonus Depreciation on Vehicles in 2021?

We frequently receive questions about depreciating and expensing business vehicles. This post provides a brief summary of the general rules for 2021. Business owners looking to purchase vehicles for their business operations often wonder whether they can take bonus depreciation on those vehicles in the year of purchase. The short answer is yes, most vehicles … Read more

Do Credit Cards Allow You To Go Over The Limit?

A credit limit is the maximum amount of credit a lender authorizes a borrower to use on a credit card or line of credit. If the borrower exceeds the credit limit, they may be subject to penalties, fees, or even canceled credit cards and lines of credit. Keep reading to learn how credit limits work, … Read more

How Big of a Loan Can I Get With No Credit?

Getting almost any loan without a credit history can be a challenge, according to the Consumer Financial Protection Bureau (CFPB). You may have some options, though. Learn more about how you may get a personal loan without an established credit history. Plus, learn about alternative ways to borrow money when a personal loan isn’t an … Read more