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Saving Loans and Inv
Saving Loans and Investments
Term | Definition |
---|---|
Money Market Account | normally pay a higher rate of interest than a passbook or statement savings account. |
personal savings and money market | can deposit into it at any time |
CD | can make deposits into it when opened |
FDIC | insures Checking accounts and savings accounts, A federally sponsored corporation which insures accounts in national banks and other qualified institutions up to $100,000, Federal Deposit Insurance Corporation |
Equifax, Experian, and Transunion | 3 national credit beaurues |