Have you ever heard the term "stock split" and wondered what it meant? A stock split is a corporate action that divides existing shares into multiple shares to increase the number of outstanding shares of a company. It's a simple concept, but the implications for investors and the company can be significant.

Credit unions and traditional banks offer different products and services. Though the two types of institutions have similarities, it's important to understand their differences. This is a brief overview of the main features of credit unions as opposed to traditional banks.

As we begin Black History Month, it's important to reflect on the history of African Americans in the financial industry. Learn more about the numerous financial milestones that African Americans have achieved!

Bankruptcy is a debt relief procedure in which a bankruptcy court is used to relieve a debtor's obligation to pay off all or part of their debts. Here's how the bankruptcy process works.

A goodwill letter usually asks creditors to overlook the past due bill and accept your payment as if it had been received on time. The end result is left up to the creditor to decide whether or not to erase any negative marks on your credit report.

Living paycheck to paycheck is a problem that the majority of Americans face. However, it is very much possible to break the cycle. Here's how.

Starting a new job can be exciting. But it’s important not to leave behind your investment accounts at your old job. So, here are some helpful tips to ensure you don’t leave any money behind.

Everyone should regularly check their credit report. The difference between a soft inquiry and a hard inquiry can significantly impact your score. Here's what you should know about the difference between both.

Okeeba Jubalo is the Founder and CEO of Okeeba Jubalo Fine Art Gallery, located in North Charleston, South Carolina, and is known as the South’s premier African American fine art gallery. As a special guest on Culture Meets Money, Okeeba Jubalo discussed how people could invest and profit from fine art.

The idea of having children can be sweet when you think about all the special moments like the cuddles, hugs, and kisses. But the reality of having children is that they are a huge responsibility, especially regarding your finances, as a recent estimate says caring for a child costs $300,000.

If you own a credit card, it’s important to know how it works, and one of the perks of having a credit card is consumer protection. For example, you can dispute the charge with your credit card company if you have a billing error or fraudulent charge.