What Online Banking Can’t Do For You

Online banking really is awesome. Anyone who manages an online account knows the great joy in 24/7 access, online bill-pay and automated banking services. There’s a lot online banking can do for you, but what’s less promoted is what it can’t. The online banking experience is only as great as the account holder makes it. […]

The DoughRoller Weekly RoundUp (Citibank Selling Student Loans Edition)

In another moved fueled by the US Government, Citibank has decided to sell off it’s student loan business.  The reasoning behind the move is simply to strengthen the core of Citibank (meaning the online and brick and mortar baking aspects) while removing all of the smaller components of the bank.  While it’s unclear just how […]

The Best Secured Credit Cards of 2017

Secured credit cards offer those with limited, poor, or no credit a chance to get a credit card. The best secured credit cards offer low fees and a chance to build credit. The help consumers build credit by reporting the monthly credit card payments to the credit bureaus. A secured credit card is different than […]

The Lost Art Of Balancing Your Checkbook

With the advent of online banking, balancing one’s checkbook has become a thing of the past. Those who grew up in the Internet age have little to no clue what a check even looks like. For the most part, Generation Y has used debit cards and credit cards throughout most of their adult lives and […]

What is Debt to Income Ratio?

Photo: Images_of_Money A debt-to-income ratio, otherwise known as DTI, is the percentage of a consumer’s monthly gross income that goes toward paying debt. In simple terms, a consumer’s DTI is calculated by dividing the amount of monthly debt payments by gross monthly income. The DTI ratio is extremely important when it comes to qualifying for a […]

Your Savings Account Can Help You Avoid Costly Overdraft Fees

Starting on August 15th, 2010, the Federal Reserve banned banks from automatically enrolling customers in overdraft protection for cash withdrawals or debt card purchases. You’ve probably received a letter from your bank previously, looking for you to “opt-in” to the overdraft plan, or to sign that you are aware of the new overdraft regulations.  If […]