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Another Data Breach? Now at California Department of Motor Vehicle

An investigation is currently on-going due to possible data breach that might have occurred in California Department of Motor Vehicle (DMV).  The investigator are looking at the angle that this maybe related to the transactions made on its website from August 2013 to January...

How does Bank Regulation D Affects a Savings Account?

Do you have a savings account? If you do, then it means you should know the meaning of Bank Regulation D.  Regulation D is a law governed by Federal Reserve that limits each savings account only up to 6 pre- authorized debit transactions in a full statement cycle or a whole...

Wells Fargo Direct Deposit Advance will be Discontinued Soon?

The one and only bank that offers Direct Deposit Advance, Wells Fargo, will sooner discontinue the Direct Deposit Advance Service. This service has been used up by millions of Wells Fargo customers specially those who are independent with social security deposit. The Direct Deposit...

What is Direct Deposit Advance by Wells Fargo?

Direct Deposit Advance is very common to customers who are banking with Wells Fargo, specially to those that receives a qualifying direct deposit every month. Direct deposit Advance is a line of credit designed for short term borrowing needs. This is found to be more costly compared...

Common Descriptions for tax refund

Tax season is not just around the corner! Most banks have sent their clients some tax forms that customers would need since last January. Now we are waiting for our tax refund. What are the common description we see that would help us identify its already the tax refund that...