Ann Knapp's Articles in Credit

  • Six Ways to Cut Credit Card Debt
    Indications from the Federal Reserve show that in 2007 consumer debt in the U.S. remained fairly steady, averaging at approximately $8,500 per citizen. Roughly 37 percent of that consumer debt, according to the study, is revolving credit - defined as credit that is repeatedly available as periodic repayments are made. The most common type of revolving credit is credit cards.
  • Using Letters of Credit to Accomplish Your Inventory Financing Needs
    For business owners looking to increase inventory or purchase goods from an international supplier, one of the hindrances often lies in providing the supplier with proof that they will receive payment. Without that proof, it can be a challenge to secure the inventory the business needs to generate its own sales.
  • Beating Mr. Visa: How A Little Compound Interest Can Save A Lot Of Money
    A question that vexes math students and teachers alike - "How does this apply to the rest of my life?" - turns out to have some surprising answers. Geometry in the living room? Statistics in your ledger? Yes, and yes.

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