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 ...

Payment history is a major consideration when it comes to calculating your credit score, making up 35% of your total score. A ...

Mortgage lenders need documentation for large deposits in your bank account. For gifted funds, this means providing a gift letter. A gift letter should include the name and contact information of the ...

The process of demanding payment from a law firm may be an intimidating prospect to imagine, but it is a process that is no different than demanding payment from any party that owes a debt. Begin your ...

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 ...

A letter from the IRS can send a chill through you, but it could be positive, too. The tax agency is now sending a notice that brings possible good news. A colleague assumed a recent letter in the ...