Learn how letters of credit work, the roles of buyers, sellers, and banks, and why these financial tools help reduce risk and ...

CHICAGO -- The ABC7 I-Team has heard from several people who received a letter from the White House regarding their stimulus payment. The letter outlines how much money was issued for your stimulus ...

Import and export companies use letters of credit as a safe form of payment when goods are sold between countries. With a regular letter of credit, the seller can request and receive payment ...

Payment history is a major consideration when it comes to calculating your credit score, making up 35% of your total score. A single late payment — which happens 30 days or more after the payment was ...