Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

Whether you’re filing for the first time or have been around the tax return block, it’s easy to confuse tax credits and deductions. Although both can help lower your tax bill, the IRS describes a tax ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A line of credit is kind of like a credit card. You have a set amount you can borrow, and interest doesn't begin until you start using the credit. And when you pay back the loan, your credit line is ...

Letters of credit are legal instruments providing a financial guarantee. They assure a beneficiary that payments will be made or nonfinancial obligations performed by a seller or provider. Standby ...

Trade credit can be used to improve cash flow and build relationships with vendors or suppliers. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. Jordan Tarver has spent seven years ...

Revolving credit can be a convenient and flexible option when it comes to borrowing money. But what is revolving credit, exactly? Learn how it works and whether revolving credit is the best fit for ...

Kelly-Ann Franklin has spent more than two decades in journalism which has helped her build a wide knowledge base of business and personal finance topics. Her goal with editing is to ensure tough ...

A line of credit is kind of like a credit card. You have a set amount you can borrow, and interest doesn't begin to accrue until you start using the credit. And when you pay back the loan, your credit ...