Matty Simmons: The Man Who Sold The World On Credit Cards

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When Matty Simmons first heard about multipurpose credit cards in 1950, he was not impressed. At the time, Frank McNamara, who came up with the idea, and Ralph Schneider, his business partner, were trying to persuade Simmons to join their new company, Diners Club. The concept of a credit card didn’t seem particularly useful...

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Sam’s Club and Synchrony Extend Collaboration on Strategic Credit Card Program with Multi-Year Agreement

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– The agreement builds on a 25-year collaboration with the credit card program – Extension to improve rewards and increase added value for members and small businesses – Two companies continue to connect digital and physical experiences with innovative payment technologies BENTONVILLE, Ark. And STAMFORD, Connecticut, October 19, 2020 / PRNewswire / – Sam’s...

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Opportunity’s candidacy for the banking charter meets resistance

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Several consumer groups are opposing Opportun Financial’s bid for a national banking charter, citing concerns about the company’s lending and debt collection practices. Many of these issues have come to light a ProPublica survey over the summer, which focused on the high proportion of collection lawsuits the online lender has filed in recent years...

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5 best mortgage lenders for bad credit of June 2021

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Although some lenders provide conventional loans to homebuyers with bad credit, you will often get more affordable financing if you get a low-quality mortgage insured by a government agency. These mortgages have not only relaxed credit requirements, but also require lower down payments than most conventional mortgages. There are three main options for government...

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Zelle money transfer: what is it, how to use it

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While there are many peer-to-peer transfer services available, Zelle is the one most commonly integrated with banks. Read on to learn more about this money transfer service and what you should consider if you are considering using it. What is Zelle? Zelle is a peer-to-peer, or P2P, money transfer service that allows individuals to...

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Need money fast? 4 options for small business owners

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As you move your business forward, think about financing early and often accept challenges as they arise. Free preview of the book Smart Solopreneur This book gives you the essential guide to easy-to-follow tips and strategies to create more financial success. September 20, 2017 5 min read Opinions expressed by Contractor the contributors are...

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