Author: Pauline Galeano

Discover Financial Services has reported a 33% decrease in its third-quarter profit due to an increase in credit card write-offs and a larger provision for future loan losses, leading to an immediate drop in share value – the greatest drop ever experienced over two months ago. Net income for the quarter was $683 million, or $2.59 per share, falling short of analysts surveyed by Bloomberg who projected $3.17 per share as an estimate. “We are seeing some indications of stress,” with credit cards showing increasing delinquencies and higher loan balances, Chief Financial Officer John Greene said on a conference call…

Reddit user AshesfallforAshton found himself both frustrated and perplexed after realizing his credit card had been compromised – leading him down an unexpected path that ultimately resulted in receiving an email from whoever had compromised it. Read now: Credit Cards with a $5,000 Limit Guaranteed Approval AshesfallforAshton was keenly aware of the potential damage, so took swift action in response to what he viewed as suspicious activity on Priceline and immediately reported it to his bank. After canceling the compromised card he logged into Priceline to gain any potential insight into who used his data. While browsing Priceline, AshesfallforAshton discovered…

In today’s financial world, credit scores play a very important role in determining your credit happiness and financial capabilities. A credit score is basically a numerical representation of your creditworthiness, indicating your credit risk and the likelihood of repaying your debts on time. In this guide, you can learn everything about how much of a loan I can get with a 650 credit score. A home loan is basically a type of mortgage, and it is provided by financial institutions to help you buy your own house. The relationship between credit score and the home loan is very important as your…

Since its founding in 2018, the Global Business & Finance Association (GBFA) has rapidly established itself as a key player in global business consulting and entrepreneurial development. The association’s mission is to support entrepreneurs and businesses by facilitating knowledge exchange, offering educational programs, and hosting professional development events. Industry Impact GBFA’s influence lies in its ability to foster international connections, promote knowledge sharing, and encourage sustainable business practices. As of early 2023, the association has built a network of around 100 members from various industries, assisting companies in navigating the challenges of an ever-evolving global economy. According to Timo Buetefisch,…