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Wise, previously known as TransferWise, is a financial technology company focused on global money transfers. Headquartered in London , it was founded by Kristo Käärmann and Taavet Hinrikus in January 2011.
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RushCard is a personalized prepaid debit card offering early direct deposit, money management, and rewards. [26] The card was founded in 2013, with co-founders such as Russell Simmons under the company UniRush LLC which was sold to Green Dot Corp. in a deal valued around $147 million.
Why we like this card: The Alliant Cashback Visa® Signature Card offers an impressive 2.5% cash back on all purchases (up to $10,000 per billing cycle) to those who can meet certain criteria ...
If the card issuer charges 15% on money lent to users, and it costs 5% to borrow the money to lend, and the balance sits with the cardholder for a year, the issuer earns 10% on the loan. This 10% difference is the "net interest spread" and the 5% is the "interest expense".
The ‘sandwich generation’ is racking up an average of $7,000 on their credit cards as total balances spike to $930 billion — here’s how to dig your way out of debt faster Moneywise January ...
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