What Is IPO (Initial Public Offering)?

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An IPO, or initial public offering, is when a private company offers its shares to the public for the first time. This allows the company to raise capital from public investors. Moving from a private to a public company is a crucial moment for private investors to maximize their gains, often involving a share premium.

What Is Investment Bank?

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An investment bank is a financial institution that helps facilitate major financial transactions. It plays a crucial role in assisting startup companies with their initial public offerings (IPOs) and aiding corporations in merging with other companies. Additionally, it acts as a broker or financial advisor for big institutional clients like pension funds. So, what Is

Difference between Credit Cards and Debit Cards

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Credit cards and debit cards have similar appearances, including 16-digit numbers, expiration dates, magnetic strips, and EMV chips. They both offer convenience for shopping in stores or online, but the main distinction is that debit cards use funds you have deposited, while credit cards allow you to borrow money from the issuer up to a

How Does Debit Card Work?

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A debit card takes money from your checking account. It’s also known as a “check card” or “bank card.” You can use it to make purchases, withdraw cash from an ATM, and avoid carrying too much cash. Just be aware that there may be fees associated with using debit cards. So, How Does Debit Card

How Does Credit Card Work?

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A credit card is a card you can use to buy things, pay bills, or get cash, like a short-term loan. When you start a credit card account, the credit card company sets a limit on how much you can spend. This is the maximum amount of money that the credit card company allows you

What Is FICO Score?

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A FICO score is a credit score developed by the Fair Isaac Corporation (FICO). Lenders utilize borrowers’ FICO scores and other information from their credit reports to evaluate credit risk and decide whether to provide credit. FICO scores consider information from five categories to assess a borrower’s creditworthiness: payment history, current debt level, credit types,

How to Improve Your Credit Score in US

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To achieve a good FICO score, you need to have a variety of credit accounts and a strong track record of making payments on time. It’s also important to keep your credit usage below 30% of your available limit. So, how to Improve Your Credit Score in US. Using credit cards to their maximum limit,

Credit Score Definition

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A credit score is a number with three digits that evaluates how creditworthy you are. FICO scores can be anywhere between 300 and 850. The higher your score, the greater your chances of getting approved for loans and receiving better interest rates. So, Credit Score Definition. Your credit score is determined by your credit history,

Debtor vs Creditor

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Creditors are the complete opposite of debtors. They can be institutions, businesses, or individuals who lend money to debtors. Creditors can be people or entities, just like debtors. They can also be companies that supply goods. When a company provides supplies or services and agrees to be paid at a later time, it becomes a

What is Creditor?

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A creditor is someone who lends money to another person or entity through a loan agreement. Creditors can be categorized as personal or real. Lending money to friends, family, or a business that offers immediate supplies or services to a company or individual, but allows for a payment delay, can classify someone as a personal