Owning a house is a cherished dream for professionals of all walks of life, with many relying on loans and mortgages to accomplish it. However, with lenders requiring high down payment rates of up to 20% of the total cost, becoming a homeowner is certainly no cakewalk. Individuals from low- to middle-income groups can find it especially difficult to cope with high down payments, and this is where FHA loans can come to their rescue.

Credit cards are a convenient mode of payment. They are easy to carry compared to cash, can help you earn significant rewards, and can convert larger transaction amounts into low-cost EMIs. Unfortunately, fraudulent transactions via credit cards are becoming increasingly common despite their built-in security features such as CVV and pin numbers.

If you’re looking for an efficient alternative to full-service debit cards, check out prepaid options. You can quickly deposit some cash onto these cards regularly and use them instead of drawing funds from your savings account. Prepaid cards are a great way of spending money offline and online without worrying about overspending.

Today’s bankers require banking services that are available without any restriction in time or transactions. The advent of online banking and card services, both credit and debit cards, have made our everyday lives easier to deal with any form of expenses at any given time. However, this feasibility has also left a somewhat gaping hole in terms of the protection and security of our banking accounts.

Electronic checks are a convenient form of making easy payments online for both individuals and businesses. These e-checks, as they are referred to commonly, are a great advantage mainly for reaping good profits in business transactions. Through this mode of payment, customers can easily pay for any form of transaction without having to use their credit or debit cards.

Online banking is the most convenient form of banking preferred by several users due to its ease of access over technological platforms. However, there are also risks to this mode of banking transactions, and here are some tips on safe online banking practices that help protect your finances. Set up your banking account for user authentication with every transaction.