One of the best benefits of USAA membership is access to the Subscriber Savings Account (SSA). Since USAA is a member-owned organization, part of the company’s capital is held by members in the SSA. Members usually receive an annual distribution from their SSA, which is approved by the Board of Directors and announced and paid…
Category: Personal Finance
Free Notary Services at Truist Bank
If you are a Truist Bank customer you can get for free notary services at any Truist Brach location. All you need to do is call the branch before you go to verify a notary is available (some branches will allow you to make an appointment) and bring your Truist ATM card and ID. How…
My Kiva Loan Defaulted With No Payments
I think Kiva is a great idea and platform for connecting investors/donors in developed countries with microfinance lenders in developing countries. And I strongly believe that there are a lot of people who want to help others help themselves in developing countries who can establish a business for themselves if they had a bit of seed money…
Lending Club Review
A few months ago I wrote a review about my first 60 days on Lending Club, which have gone very well. My goal was to earn at least 9%, which according to the company CEO Renaud Laplanche in this NBC interview, the average return for investors on the site is 6-9%. After my first 5 months…
Meet Minimum Spend Requirements Using Kiva Loans
One of the best ways to rack up tons of frequent flyer miles and hotel points is by signing up for credit cards and getting the huge sign up bonus. Banks will throw the kitchen sink at you to get you to sign up for their financial services products, and it would be stupid for…
My First 60 Days on Lending Club Earning 13.3% So Far, So Good
Now days it is nearly impossible to find a decent interest rate in a checking or savings account. My savings account with Citi is earning me a paltry 0.75%. Starving for yield and not wanting to take the risk of buying stocks or mutual funds in this market that has had quite a run recently, I…