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Bank of Internet USA Online Banking and Financial Blog

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How to Rebuild Credit after Personal Bankruptcy

Are you struggling with debt? If so, you are not alone. The average American household is $135,924 in debt.[i] With credit cards, student loans, and mortgages, getting out from under that mountain of debt can seem insurmountable. When debt become overwhelming, many people turn to bankruptcy as...

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Becoming and Living Debt Free

Are you in debt? If so, you’re not alone. The average American is carrying $135,924 in debt today.[i] It’s little wonder that many of us feel as though we may never escape from under the overwhelming amount of money we owe. For many of us, debt starts mounting as soon as we graduate from...

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Real Life Ways to Teach Your Kids about Financial Literacy

It is never too early to start teaching your children about money and personal finances. Of course as a parent you want your children to be smart about managing their money. But for some parents, talking about money can be very difficult. In 2016, the average American household had $134,643 in...

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Why Your Young Family Needs Life Insurance

Life insurance may seem like a far off concern, something you need to worry about as you get older and are planning for when you are no longer around. However, life insurance provides a source of income in case something were to happen to you at any point in your life. If you are newly married,...

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Not All Checking Accounts Are Equal

When it comes to selecting a checking account, it’s not necessarily easy to find the right fit. Depending on your banking habits, you may require a checking account that lets you access ATMs throughout the country without the high fees or offers overdraft protection in the event of an...

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