Staples credit account: Staples Credit Card Login, Payment, Mail, and Other Info.

Staples Credit Card Login, Payment, Mail, and Other Info.

If you were searching for how to do Staples Credit Card Login? So you are in the right place. Here you will get all the possible methods to contact Staples Customer Service, And you will also get all the contact information by which you can get a live person on the phone. Like Lowes Phone Number, Mailing Address, email address, live chat option Login Option, etc. And here are the common reasons why people mostly Belk call Customer ServiceOnly you have to focus o this post.

  • Employment: 6%
  • Payments and Charges: 13%
  • Shipping and Delivery: 11%
  • Return/ Replace: 5%
  • Other: 66%

A couple of items a business supply shop wants to possess, a 365 day per year program, a varied choice, and a customer support number you can depend on. Staples includes all of these items and is a business available all around the united states, Canada, and Argentina. When it’s Independence Day, and you will need ink for your printer or Christmas, and you want a last-second present, Staples is there for you. Dealing with the top brands of office equipment which range from eponymous staples to the comfiest office chairs, they have got you covered.

Staples Credit Card Phone Number

Staples understands that if you want answers, you’ll need them quickly and in the hands of a specialist. That is why they have provided well-trained personnel who may be retrieved using one phone call. These specialists are well-versed in the complex world of office equipment, supplying technical assistance for their electronic equipment and guidance in selecting the most appropriate inks and papers to create a perfect feeling.

  • (800) 378-2753: Toll-Free Number.
  • (800) 333-3330: Customer Service.
  • (866) 782-7537: Legal.
  • (800) 378-2753: Staples Emails.

How to call Live Person from Staples Customer Service?

Here are the steps to get a live human on the phone.

  1. First of all, dial 1-800-333-3330.
  2. Press 6
  3. Stay on the line
  4. After that, you will automatically connect to the live representative from Staples.
Representative Hours

You can call any time because live Customer service is available in Staples 24/7 for its customer. The best time to call them is 10:15 am.

Staples Credit Card Login

How to do Staples Credit Login?

Here are the steps to do Staples Credit Card Login and get access to your Staples account.

  1. First of all, visit the Staples Credit Card Login.
  2. Enter your User ID and Password.
  3. Tick the Remember Me box.
  4. Click on Sign-On.
  5. After that, you will get online access to your Staples account.

Staple Credit Card Payment

You can make Staples payments by the given methods:

Online: To make Staples online payments, you have to get online acces to your aacount. Firstly you have to login and there, you will get payment option.

Phone: You can also make your payment on phone. Only you have to dial customer service number and follow the prompt. The live agent will guid you to Staples pay bill.

Staples Customer Support Website

Staples website is an accessible and straightforward to use storefront which instantly explains where you are and links you to your nearest shop. From the website, you may check the stock of your closest shop, place an order, handle your credit, and also log in to your Staples account. Every one of these services makes sure you’ll have the ability to enhance your business worries, down to their “easy reorder” connection which allows you to replicate an order which you have used on multiple occasions.

Staples Help Center

Staples services and products cover a relatively broad assortment of software, requiring them to become an authority on advice about office equipment. Their aid center stands as an exceptional illustration of the way that they shoulder responsibility. Below you’ll get a listing of the most well-known questions asked by their clients, information about shipping & delivery, and even a listing of instructional events held by their own company. The help center is comprehensive and can be capable of providing solutions for your most pressing business requirements. See how Staples can help you at https://www.staples.com/sbd/content/help-center/index.html.

Staples Live Chat

At a meeting and want an answer fast? Just too busy to make a telephone call and live chat on the internet is preferable? The identical staff that operates their telephone lines reacts by using their live chat system located in their client support website and can provide the very same answers because you will get there. Quick, easy, quiet, only the way customer service ought to be.

Staples Social Media

Every business worth its salt has an internet presence, and Staples isn’t any different. Their clients constantly seek to stay informed of their favorite supplier’s most recent business source news and bargains. Staples provides essential information through their websites, ranging from product reviews to hints and secrets to prolong the life of your office supplies. Business, practicality, and link, the cornerstones of great company, are here.

About Staples

Staples came to existence a fit of annoyance. Thomas Stemberg found himself needing a ribbon for his printer, but not one of the regional supplies stores was available on Independence Day. He found it utterly unacceptable that workplace supplies were essentially a small business event, without the big-box outlets providing the requirements of their busy businessman. This frustration caused him to think of the notion that would eventually become Staples.

How to Establish Business Credit, Get Business Credit & Build Business Credit

Figuring out how to access business financing and credit is a common quest for both new and existing small business owners. From startup costs to new expansion strategies, establishing a strong business credit profile with diverse accounts early on can help make your immediate and future business plans a success. If your business is new, you may not be thinking about getting small business financing just yet, but the day may come when you do.

Build Business Credit Faster

When you sign up for a free Nav account, you’ll get access to your business credit reports and scores. Checking won’t hurt your credit scores. Paid Nav accounts help you build business credit by creating business tradelines.

Sign Up

Eight Steps: How to Establish Business Credit

  1. Put your business on the map
  2. Maintain good credit with suppliers and vendors
  3. Obtain an employer identification number (EIN)
  4. Pay on time all the time
  5. Open a business credit card
  6. Get incorporated
  7. Separate business and personal expenses
  8. Monitor your credit

Establishing business credit isn’t complicated, but it does take some planning and forethought. The sooner you start, the more time you’ll have to establish credit.

This article will walk you through steps you can take to establish your business credit so that if and when you’re ready for financing, your business is well-positioned to not only get approved for a business loan, but also get better terms.

What is Business Credit?

Businesses can have business credit reports and scores just like people do. Business credit bureaus such as Experian, Equifax and Dun & Bradstreet all keep records of debt payments and other credit information on businesses.

Your business credit report may be used by lenders, creditors, suppliers, insurance companies and other organizations evaluating a credit or insurance application or business deal. 

These tips on how to establish business credit and then build a business credit profile can help you bring your plans and aspirations to fruition.

Let’s look at each of these steps in depth.

How do I build business credit?

1. Put your business on the map

Just because you’re open (or about to open) for business, doesn’t necessarily mean you’ve put yourself on the map. You can’t effectively establish credit until you’ve established your business! Get a business phone number and have it listed in directory directory assistance. Open a business bank account in your official (legal) business name, and regularly use it to pay your bills. Here are 15 steps to make your business legit. 

2. Establish and maintain vendor credit

In the world of business, a relationship with industry-relevant vendors or suppliers is like gold. The better your relationship, the more likely you are to avoid paying up front for items or services. If you can secure payment terms such as net-60 or net-90 with just a few (3-5) vendors or suppliers that report those payments to business credit reporting agencies, you can begin to establish a positive business credit history.

Vendors aren’t required to report to credit bureaus, though, so you may need to be proactive and open accounts with those that do. Here are several vendors that report payments to business credit bureaus and reporting agencies, and that are flexible when extending credit.

3. Obtain an Employer Identification Number

A federal Employer Identification Number, or EIN, is an identifier for your business for tax reporting purposes. You’ll need one to change your business entity to a corporation, and you may need one to open a bank account under your business’s name or secure business contracts. Note, however, that an EIN is not used in business credit the same way a Social Security Number is used with personal credit.

4. Pay on time all the time

This is probably the number one rule in any credit situation. Paying your bills on time shows that you are reliable and can effectively manage (and pay off) your debt. A late payment history, especially severely delinquent payments, will bring down your business credit rating and negatively impact your business credit profile.

5. Open a business credit card

Opening a business credit card that reports to the major commercial credit reporting agencies is a great way to establish business credit. You definitely should have at least one open business card, but more than one can also help. However, be sure to use caution and avoid overextending your business finances. Just because the credit is available through your business credit card doesn’t mean you need to (or should) utilize all of it. (Find business credit cards that match your credit file using a free Nav account.)

6. Get incorporated

If you haven’t already, seriously consider incorporating (forming a corporation or LLC). This can help you effectively separate your business and personal credit profile and financials. If you choose not to do this and continue to operate as a sole proprietor, your business and personal credit history (among other things) will be legally attached, and your personal assets might be at risk should you ever be sued.

7. Separate business and personal expenses

Given the steps above, this is fairly redundant, but nonetheless important. By opening credit cards, lines of credits, and bank accounts in your business’s legal name, you’ll be separating your business and personal expenses. Make sure to only spend money from your business checking account rather than your personal when it comes to business expenses. Clearly separating your personal from business expenses also makes it a lot easier to manage taxes!

8. Monitor your credit

A significant number of small business owners have found errors on their credit reports. Diligently monitoring your business credit history can help you spot any items that aren’t accurate. If you do find an error, be sure to file a dispute with the reporting agency. (Sign up for Nav to check and monitor your business credit profile with major business credit agencies.)

In Depth Webinar: How to Build Business Credit & Grow Your Business | 41 min

Walk through steps you can take to establish your business credit so that if and when you’re ready for financing, your business is well-positioned to not only get approved for a business loan, but also get great terms on it.

Watch the Webinar

How to Build Business Credit

Once you have established business credit, your next step is to build strong business credit. Many of the steps above will help you do just that, but it’s important to focus on two specific steps to help you boost your commercial credit history.

Payment information on your business credit report is often more detailed than on your personal credit report. Pay on time or early if you can, and you may build your business credit score more quickly.

The second piece of advice for building good business credit is to make sure you have accounts reporting to the various business credit agencies. Again, not all vendors and creditors report to all commercial credit agencies. For example, your business credit card issuer may report to SBFE but not to Experian; you won’t know until you check your reports.

Be sure to check your credit reports and scores with more than one major credit reporting agency to find out whether your accounts are helping your scores, and if not, consider adding additional credit references.

Take our Course to Build Business Credit & Get Lender Ready

Make sure you’re taking all the right steps to establish your business and build your business credit. Our course will guide you step by step so you can create a solid foundation and grow your business.

Learn more

Why Should I Learn How to Establish Business Credit?

If you’re reading this, you already know that good credit (both consumer and business) is important for the future of your venture, but let’s explore the benefits a bit more.

A strong business credit score can help you secure better interest rates on loans, decrease instances where you need to prepay for a specific product or service, and secure better trade terms with important suppliers in your industry. In the long run, this will help you save money, keep cash flow liquid, and access the funds or assets you need to help your business grow. Adversely, having bad business credit can limit your ability to secure financing.

Nav’s Small Business American Dream Gap Report found that nearly one in four businesses don’t know why their loan applications are denied, yet businesses that understand their business credit scores are 41% more likely to get approved for a small business loan.

Additionally, a big issue with financing a business is dealing with personal guarantees. A personal guarantee is a promise from a business owner that they are responsible for their business’s debt should the business be unable to pay the debt. 86% of businesses use their owners’ personal credit to fund their entrepreneurial dreams, and establishing business credit can help you draw a clear and important line between your personal and business finances and mitigate the need to sign a personal guarantee for business funds. (Note, however, that some small business lenders require personal guarantees.)

Now that you understand the importance of having good business credit, make establishing it and building your business credit a priority. Bake your credit-building strategies into your business plan and keep tabs on your credit report to ensure that your credit scores are soaring. 

Whether you need a loan right now or not, good credit practices are a great foundation for a successful small business.

This article was originally written on December 6, 2019 and updated on July 21, 2021.

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Staples Store Credit Card Review

Staples is a massive office supply company selling thousands of products across many categories, with a focus on business to business sales. All products can be purchased using a Staples credit card, which offers cardholders a number of benefits, as outlined in this review.  

The Staples card is designed with businesses in mind and if you run an office or workplace, regardless of the size, you may benefit from this rewards card.

​The Staples Card Basics

  • Annual Fee: $0
  • Intro APR: 0% APR for 6 to 18 months
  • Minimum Credit Score Required: Fair
  • Balance Transfer Fees: N/A
  • Regular Interest Rate: 14.99% to 23.99% Variable APR
  • Rewards Program: 5% cash back to your Staples More account

You won’t pay an annual fee with the Staples card, making it ideal as an extra card to keep in your wallet/purse for every time you shop at Staples.com or the Staples store. You can use your AmEx, Visa or Mastercard reward card for everyday purchases and just pull out your Staples when you need to stock up on essential office supplies.

In addition to the rewards, which we’ll discuss below, one of the standout features of the Staples credit card is the intro APR. You can get financing for between 6 and 18 months and this is charged at 0% APR. The length of time depends on the amount. You need to place orders of more than $299 for 6 months; $499 for 12 months, and $799 for 18 months.

There are several major benefits to this. Firstly, if you’re starting a new company or buying a lot of stock, it can help you to get everything you need without needing to pay for it straightaway. You can buy a brand-new computer or workspace today, use it to get your business or career off the ground, and cover the balance in several months when you have more cash.

It’s also better than many of the financing offered by other store cards, with more accessible billing options and payment options. However, there is one major downside to all this. If you fail to make the payment and are even just a day late, all the interest you have avoided will be charged and you can find yourself in very deep water.

The Staples card gives users full control. If you are a small business owner, you can setup your employees as authorized users and establish spending limits.

Staples Rewards Credit Card

If you make a purchase of more than $150 within 45 days of opening the account, the Staples rewards card will grant you $50 worth of statement credit. You can also get 5% on all purchases made at Staples, including Staples.com. And that’s not all, as you’ll also get the following perks:

  • Buy online and spend more than $35 to get free next-day delivery
  • Get $2 back every time you recycle an ink cartridge
  • $25 discount for print and marketing services every year
  • $20 discount for tech diagnostic services every year

All Staples rewards are paid in increments of $5. These rewards are released every month and there is no limit to how many you can earn.

Alternatives to the Staples Credit Card

The Staples credit card comes up a little short in many key areas and even if you use this office supply store on a regular basis, it may not be the best credit card for you. But don’t worry, as there are many other great credit cards that can reward you for regular shopping here and at other stores. These cards may benefit you more when you’re making those essential business purchases.

GAP Visa Card

GAP has been struggling in recent years, with speculation that the brand is on its way out followed by the announcement that many stores are closing. It’s bad news for one of the country’s best-loved brands, but as things stand, it’s still alive and well and if you have a big family that loves GAP clothes, you can benefit immensely from the GAP Visa.

The GAP Visa card offers a very generous reward scheme, giving you 5 points for every $1 that you spend at GAPAthleta, Old Navy, and Banana Republic. You’ll only earn 1 point for every $1 spent elsewhere, but if you use the card just for purchases at these four stores, you’ll reap the rewards.

If you’re preparing a big shop at the GAP, Old Navy, Athleta or Banana Republic, we recommend waiting until you have the card in your possession. You will be given a 20% discount when you first sign up and can also get free shipping when ordering online.

The Home Depot Consumer Credit Card

If you have a credit score higher than 550, there’s a chance you will be offered the Home Depot credit card, and if that score creeps above 600 then you will almost certainly qualify. There is no annual fee to pay with this open-loop store card, and the APR range can go as low as 17.99%, which isn’t all that bad for a store card, and as high as 26.99%, which is closer to the norm.

The biggest issue here, however, is the lack of a rewards scheme. Simply put, you swap easier accessibility and a lower regular APR for a rewards program, and it’s up to you to decide if that’s a worthwhile swap.

There are some cash and reward benefits to this card, however. If you spend more than $1,000 on your first purchase, you will get $100 back, and you can use it to get 0% APR for 6 months on purchases over $299.

It’s a financing card as opposed to a rewards card, but if you’re looking for a new credit card, need to build credit, and are looking to make some big purchases at Home Depot, it’s worth a shout.  

Assuming you qualify for the card and it won’t reduce your credit score too much, it could be worth looking into if you have some big home improvements on the horizon, in which case Home Depot may become your second home.

Costco Anywhere Visa by Citi

The Costco Anywhere Visa always deserves a mention on any list of the best store cards and is worthy of inclusion on lists of the best general credit cards. Offered by Citi and branded with the famous Visa logo, Costco Anywhere Visa is a no-annual-fee credit card with a decent annual percentage rate and a cash back ratio that offers as much as 4% on specific purchases.

The biggest surprise with this credit card is that the highest rates are not offered for money spent at Costco. In fact, you will get 4% (up to $7,000) when you spend money at gas stations, 3% at restaurants and travel, and just 2% at Costco and Costco.com. All other purchases, including all extra money spent above $7,000 on gas, will earn you 1%.

The Costco Anywhere Visa also offers an annual reward certificate that you can redeem at Costco.

But for all the benefits of this card, there are a few downsides. Firstly, you need to be a Costco member to sign up for the Costco Anywhere Visa. Secondly, while the APR is acceptable, there is a maximum penalty APR of 29.99% if you fail to meet your payments on time. There is also a cash advance fee of 5% and a minimum late payment fee of $40.

Last but not least, there is no 0% introductory rate, and this applies to both purchases and balance transfers. This is not unusual for retail store cards and branded cards, but it’s always a welcome sight.

Bottom Line: Top Business Card

The Staples card is not a traditional business card in the sense that you don’t need to have a big business or a lot of capital. You don’t even need an office space and employees, as the Staples business card will also suit hard-working freelancers operating out of home offices. 

Such individuals still need computers, desks, paper, and other supplies, and while they don’t need them in huge quantities, they need enough of them to make the Staples card worthwhile.

What’s more, the Staples card carries much less risk than a traditional business credit card and may, therefore, be better suited write essay online to a small business.

If you fit that mold and spend a lot of money at Staples, apply today. But remember, Staples won’t always have the cheapest or best equipment and the Staples card doesn’t necessarily offer the best rewards. Look at the cards outlined above, include a few general reward cards in your search (American Express Blue Cash Preferred, Amazon Prime Visa, Chase Freedom) and apply only when you’re convinced you’ve found the right one for you.

Interview with Wealth Noir Founder: How People of Color Can Achieve Financial Freedom

The racial wealth gap is one of many systemic challenges that the Black community and people of color face when working to secure their financial futures. But there are many resources available to help you along your way and groups of people who have similar goals, including at Wealth Noir.

In this Motley Fool Live video recorded on July 23, Fool.com editor Desiree Jones interviews Wealth Noir founder Damien Peters about everything investors should know about getting started buying stocks, tips for people thinking about buying their first home, and an analogy about building wealth that includes taking a bath. 

 

Desiree Jones: Hi there Fools and welcome to Fool Live. I’m Dez Jones, a Fool on the editorial team and I’m so excited to welcome Damien Peters, the founder of Wealth Noir. Damien, how are you doing today?

Damien Peters: I’m doing pretty good. A little small cold from my son, but surviving.

Jones: That’s good to hear. Welcome, and we’re going to go ahead and get started. Tell us more about yourself and the mission of Wealth Noir.

Peters: My name is Damien Peters, I founded Wealth Noir back in 2018. Our mission really is we focus on high-income millennials, in particular African-American millennials. We’re really focused on building wealth, so increasing net worth. The reason I started Wealth Noir and story behind it was I was a product manager at Facebook, I was working there, enjoying my job. I found out that I was having a child and I decided I wanted to take a little bit of time off, I wanted to take a year off to be with my son. Everyone at work they were like, “How can you afford this?” When I talked to people outside of work, they were also shocked. My personal thought was I was very well compensated, I had been investing in real estate at the time, so at this time I had two rental properties, I had six figures in stocks, taxable on my own, in addition to the same in my retirement account. I just felt that there were more people who are in this income bracket, they had solved one problem, but they weren’t building wealth and net worth and they still felt trapped financially. At Wealth Noir, we really focus on bringing content, services, programming that really focuses on helping people transform salary into net worth. We have a heavy emphasis on real estate investing and also for accredited investors.

Jones: That’s awesome. That is amazing to know that there’s something like Wealth Noir to help uplift the black community. Of course, we’re going to talk more about the impacts of the black community and financial literacy. For starters, what is the racial wealth gap and why does it matter?

Peters: The racial wealth gap. I think everyone, or there’s many different ways to define it or think about it, and the way I think about it really is, when you tease out salary and other impacts, when you look at net worth between African-American and the majority races or medium net worth, you see a gap. Given that you’re earning the same amount of money we’re not accumulating or building net worth at the same rate. For example, there was a study by the Institute of Policy Studies that showed at above $93,000, so given that you’re earning more than $93,000, a white family had about 2.2 times more net worth, $320,000 versus $142,000 of Black families. We see this pronounced in many different aspects where it impacts the ability for African-American families to participate in the economy and in wealth building compared to our counterparts.

Jones: The importance of generational wealth is very key and understanding that there are different factors that come into that financial aspect of literacy. My next question is, what can someone do to build and earn wealth for themselves given the challenges they may face?

Peters: If we think about the wealth gap, there’s two aspects I think really show themselves and are pronounced. One is that you have an income gap, so on average African-Americans tend to earn less, and that’s pronounced, so your ability to save and build net worth is going to be slowed because you fundamentally will be earning less, and have less to save and contribute. The second really big factor is generational wealth. Unfortunately, we have just been oftentimes kept out of the economic and wealth-building system for years through redlining, through certain discriminatory practices, and even in certain points where being a wealthy African-American was a risk if you look at atrocities like Tulsa and other places. That ability for my grandparents to have bought a home and then that could be given to my parents to have grown, appreciated, and then for that to pay for my college tuition is just something missing, and that is one of the huge contributors to the wealth gap. When it comes to really beating the wealth gap, we’re trying to change things, there’s a couple of things that anyone can do, and it’s the same way that everyone builds wealth, but it really is embracing them and utilizing them within our communities. The first thing I always tell people is start investing and start investing yesterday. Even if you’re not good at it, even if you lose some money, your ability to invest and participate in the capital markets that build wealth is going to be the key to you being able to build wealth. If you don’t invest in stocks, you will never see any benefits from stock investing, if you don’t invest in real estate, you’ll never see any benefits from real estate, and there’s a slew of other types of investments. I always say people investing is, they call it personal finance for a reason, you should find out what you feel comfortable with. But I think there are a lot of reasons and it’s way easier from your phone, you can be investing within minutes. The second thing is really just learning and understanding money. I still think it’s a bit of a travesty that they don’t teach more about personal finances in school. My undergrad was in economics and just in computer science, and then went on and got a Masters in business. I learned a lot about how money works, debt, investing, rate of returns, things like that, and a lot of people that we talked to, a lot of people that we engage in Wealth Noir will be oftentimes making a quarter or half a million per year and still don’t understand some of the basics about investing in a retirement account versus non-retirement account, avoiding large tax bills by correctly allocating your money or simple things like portfolio diversification so that they are not completely wiped out when there’s bad move in the market. Another thing too is to talk about money. I think this does hamper our communities more but in general, a lot of people just aren’t comfortable talking about what they are investing in and not investing in. They don’t want to talk about their salary, and I think this hurts us a lot. We don’t understand how to price ourselves going into a new job, and we don’t understand how much people are saving or what they are investing in, and we don’t get excited about it. I can have a three-hour conversation about the draft picks for the Washington Football Team, but no one wants to go deep into Tesla (NASDAQ:TSLA) versus some of the new entrance into the EV (electric vehicles) market, or overall, what the economies look like as it pertains to the current health situation. Then last thing is just watch out for common traps for misguided information, and this goes back to learning and understanding money. Everyone wants to get rich quick. No one wants to work. The truth is wealth building is typically slow and it’s boring. Most of my money is held in broad ETFs that cover the market and they grow over time. I continue to put more money into them. I buy rental properties. I’m planning to hold for decades. It’s not sexy as making $100,000 in a day doing option trading, but it’s a more consistent plan and path. By really investing in what’s worked for people with wealth over the last decades, hundreds of years, that’s what people should be thinking about as opposed to what they read on Instagram.

Jones: That is all so real, especially for me because I’m just now learning about investing and talking about money. For me when I was raised, my parents didn’t tell me anything about investing. I have to learn myself about investing, which is why I’m glad I’m a part of The Fool because I’m able to learn and grow. Talking about money in the Black community is very important, especially right now during the pandemic. I will be trying to stay there with you. I’m still new. I’m new to investing and honestly and truly, I personally don’t think I can afford to invest right now because I’m working on my personal finances and all of that, so let’s talk about what are some budgeting practices do you think can help with when it comes to money.

Peters: Ironically, outside of budgeting one thing actually I always tell people is to make more money. This can be as simple as asking for a raise or getting very intelligent about your own compensation and whether you should change jobs or not. But one big way I have built money and we oftentimes talk about a corporate job being bad or holding you back, but the truth is, it has funded a lot of my ability to build wealth. I focused on my career and I was able to do that. But in addition, I have always had more than one job. I’ve always had a side hustle. I’ve always built something on the side. In addition to wealth where I work, I have two other jobs that I work, so making more money, there’s a lot of options out there and people should feel comfortable using these tools and skills and what they have available to increase the income that they make. Some of the other stuff is things that you’ll hear all the time from anyone who talks about personal finance. Spend less than you make. Save and increase your savings rate. Even one thing I would say to you is you feel as if I can’t afford to save, but even if you were to start at $1 per month, something very, very small, the point is you participating in investing will increase your knowledge. It will increase the amount of attention that you pay in there, and when you are comfortable to put more money in, you won’t be trying to figure out what to do with this $10,000. You’ll be like, “Oh, great. I’ve been working with $1 per month, then $10 per month,” whatever it may be. Participate in the market, start investing and increase, and I always tell people either start with what you know or just start with something really boring. Invest in the entire U.S. stock market with one ticker symbol, and there are great sources like The Fool which really help give you the due diligence and some information about specific companies that you may not have considered or a place that you may not have thought about. Living below your means falls into that. It’s very, very easy to earn $500,000 and spend $550,000. Lifestyle creep is very consistent. It was something I worked on very much in my life between 2012 and 2015, so when I graduated grad school to when I was working at Facebook, my income had quadrupled over the course of the year along with my wife’s, but we still lived on approximately the same budget at the beginning. What I found was I had all this extra income coming in and that I could deploy the capital and put it into other places. One thing that I was able to do with that capital and wealth was take some time off from working and actually move to Spain for two years, so I was able to enjoy that. Understanding the amount of money coming in, understanding your expenses, and managing that, and being smart about investing the difference really makes sense. Really matters, and then some of the other stuff, which is hopefully everyone has heard about before about having an emergency fund. The truth is, even when it comes to your investments you don’t want to be pulling from them because your car broke down or something along those lines. If there’s a large downturn, you don’t want to feel overtly nervous because you really live off or need that money, so having an emergency fund, three to six months, just in case there is a downturn. In case there is a health situation that shuts down everything, is really important, and then prioritizing high-interest debt in particular. Credit cards, number one up there. Typically, I say if the percentage you’re paying on your debt is low, 3% to 4%, things like that. It may not be the most important thing to prioritize that as opposed to investing that money, but if you’re paying 15%, 20%, 25%, 30% on any type of debt, get rid of that because that is a drag on your entire portfolio that needs to be made up somewhere.

Jones: Wow, this is awesome. These are really great tips. Especially for me, so I appreciate that. The next question, what is the difference between income and wealth. We already talked a little bit about it, but why is it important to build wealth?

Peters: The loose analogy I always use is a bathtub. Your income or your salary or where you get your money from is water going into the tub and your expenses is water leaving the tub. You can’t take a bath if all the water going in is immediately being left. Wealth is the water in the tub. It’s a pool there that you can bathe in, you can take a sip from it if you want to. You can turn off the spigot for a little bit, and as long as you control the money flowing out, it will be there. Wealth is measured by your net worth, and your net worth is simply all the assets that you have; house, stocks, bonds, money in the bank, subtracted by all the money that you owe; mortgage, car loan, car note, money that you owe your mom, all that counts against it, and your net worth is the difference. By increasing your net worth over time that is where you will have both the ability to unlock financial freedom, so if you have enough money, if you have a large bathtub full of water, it’s hard to die of thirst because you have water sitting there. Also when it comes to generational wealth. If you have kids and if we really start talking about breaking this wealth gap over multiple generations, you can’t give your kids something that you don’t have. You can’t leave it for them. Yes, it may seem like, “Why would I not spend money during my lifetime?” But the truth is, oftentimes, money loses its value the more you make. Spending your first $100,000 is super fun, the next $100,000 is not as fun as the first because the first you’re buying all the stuff that you really wanted. The second, you’re stretching. Generational wealth, unlocking financial freedom is really two of the key benefits that wealth really brings along. Changing your context, not think just about salary and income coming in and your expenses, but what are you building in terms of wealth. Then the last most important thing I would say is that money makes money. Whether it’s interest in the bank account, which is next to nothing right now, but whether its returns in the stock markets or it’s the cash flow that you’re getting from a rental property. The more wealth that you have, it actually grows itself. One thing with that bathtub analogy that it doesn’t talk about is, the water actually multiplies on its own. The water being in the bathtub will increase on its own. Going back to that point of retirement or financial freedom, if you turn off the spigot of salary, if you have a large body of money or a large pool of water that’s growing itself, you can live just off of that passively without having to go out and actively participate work for money.

Jones: Wow, this is great. The bathtub analogy is something that now is going to stick with me forever — a great analogy. Unlike a shower, the bathtub, water coming in, stays in. Now we’re talking about more about wealth. Of course, we talked about what’s an income. What are some ways to improve your income and improve that top line?

Peters: There’s like three buckets, three areas that I think about, that, I think, everyone should think about, when they think about the money coming in, and how to pour into your tub, how to build that bucket. First, you have work and your salary. Second, you have side hustles. These will fall into active income. You work, you make money. You stop doing them, you don’t make them. Then lastly, you have passive income. This goes back to that it’s money making money for its own self. When it starts with the active salary income at work, understand how to negotiate a salary. That’s something they don’t teach you in school and will make you a lot of money over time. Understand your worth. Understand that if a job is giving you an offer, is it above market salary, is it below market salary, should you be asking for twice as much, should we ask for 10% more? One core thing, anytime you get a job offer, ask for more money. The worst they will say is no, typically no one is going to be so offended, but they’re going to retract their job offer. But understanding your salary is one of the biggest sources of income and maintaining and mention that up-leveling your skills, moving into industries that pay you well, super important. The second one, part of active income is side hustles. Again, I’ve been well-compensated and people are always shocked that I still work on the side. I consult, I actually do some interview coaching, I do things on the outside because I like the idea of one having multiple streams of income that I can turn up when the other one goes down. Then secondly, again, add some more money to that pool that it allows me to build my wealth quicker. In today’s world with the gig economy, it is easier than ever to write on the side, to drive Uber. If you want pets, there are sites that you can go on. It’s very easy to add on some additional income. It can oftentimes be hugely transformational, because oftentimes we view this as extra income. Then lastly is passive income. For me, that’s been the real estate investing into rental properties, I get checks that come in every single month. I don’t actively work for that, I had to work to buy the property and get someone in there. I had to find my property manager. In addition, my stocks, investments, they grow over time. I open the account, I’m like, “Oh, there’s more money in it today than there was three months ago.” or a year ago, and I have a long-term outlook. But focusing on passive income, thinking about ways that you can have your money work for you will reduce your need to actively work for money. Again, it will really help accelerate that growth and wealth and net worth.

Jones: Awesome. At the Motley Fool, we are all about empowering all people to invest for long term. What’s should Millennials and people of color know about getting started with investing?

Peters: Going back to something that you said is get started. It’s way easier now to start with small sums of money. Many companies offer fractional shares, you don’t have to buy a whole share if you can’t buy the whole thing. There’s online apps to make it very easy to invest and understand. You can take a small amount of money and get started if you don’t know what to invest in, invest in everything and buy ETFs, index funds again for the whole market. But you can also deal with staples that you know and love. People invest in Nike (NYSE:NKE) because they love Nike, people invest in Coca-Cola (NASDAQ:COKE) because they drink Coca-Cola. For the most part, if you invest and you continue with it and you have a long-term outlook, it’s relatively hard to truly lose your money or lose money investing in good companies for a long-term period. Automate your investments, you don’t want to have to think about it. Have your retirement investments come directly out of your paycheck, have the money that hits your bank account, have a portion go directly to your brokerage account or to your investment account or to your emergency fund, and then move from emergency funds to somewhere else. But there are many ways to get started. Stocks are a very, very easy way. A lot of people I’ll talk to, they really want to invest in real estate, want a rental property, but they need to save $30,000 to $40,000 or $10,000 to get in or they need to learn a lot. In the meantime, I tell them, “Invest in stocks, use a robo-advisor, buy index funds.” Put your money to work so that when you’re ready for the next move or your next investment, that it has been growing and working actively in the background. Especially now in the time of uncertainty, with a lot of things happening. Now is a good time, as anytime is. Now is always the best time to start investing or yesterday, I should say. As the old adage goes, “Time in the market almost always beats timing the market.” By investing early and staying and participating, that’s how you really unlock wealth as opposed to trying to find the hot swing trade.

Jones: Those are great tips. Then let’s also talk about the different types of challenges that those people may face when they are getting started. What do you think are some challenges and solutions when they encounter those challenges? How are they able to, I guess, combat those challenges when starting investing?

Peters: Yeah. One is getting past the fear of getting started. One the first challenges is like, I don’t know what to do, and everything seems so complicated, and again, I always say you’re better off downloading a random app – not a random app – but one of the trusted brokerages that are out there, and investing something because once you start, you’ve started, and delaying that is only going to hurt you. If you started doing nothing for a year and it’s still better off than having started a year later. There’s a lot of complexity oftentimes that can come with investing. Should I open my own account, should I do a 401(k), what should I do? Oftentimes, the easiest way to get started too is if you’re not already doing it, start with your 401(k) from employer. One of the best investments you can ever make is your employer match if your employer offers it because it’s guaranteed 50% to 100% returns on your money. You put into $100, they put in $50. People will be concerned it’s going into retirement account, can I use it, can I touch it, things along those lines. One is you should be saving for your retirement, you should allow the money to grow long term. There are several tax benefits about doing an account like this. Then lastly, two, if you are blessed to be in a problem where you have I think $10 or $12 billion in the IRA, like Petersfield, there are ways that you will be able to access and use that money to either purchase a house for addressing other assets. There’s a few different ways to do that. Then sometimes, some of the other challenges is your friends and family. I don’t know this, I lost money in the stocks, I’m afraid, and the truth is you can’t let the fear of other people truly dictate what you do. Sometimes you’re watching the news, you hear there’s a crash coming, everything is bad, which you’ll hesitate, it will stop you from going to the market, but the truth is consistently buying into the market, consistently investing has been time-tested and proven over hundreds of years to build capital and return for people. Those are some of the challenges that they might come across in ways to really take a punch and get started when it comes to building wealth.

Jones: Thank you so much for the tip. This is again, great, great, great advice. Let’s say someone wants for work more toward homeownership today. What should they know about the market and any tips for first time home buyers, especially those from underrepresented communities?

Peters: Yeah. I actually just purchased my own personal home for the first time in 10 years. I always joke that I’ve been buying, I owned houses, and not live in any of them. I finally purchased one of mine earlier this year. Right now, it’s a difficult time to buy a house. Prices are very, very high. We are seeing some changes, like this month where we’re starting to see maybe a little bit of cooling, things may become a little bit easier, but it’s really unclear. Mortgage rates are super low, there’s a lot of demand. Lumber prices and core materials are high so it can be complicated. Houses that would have sat on the market for a month before and now have 18 offers within a weekend and people are literally promising their right foot and first-born children to get into these houses. One thing is to understand the market, understand the areas. Do as much research you can do. Come to the table prepared. Don’t go to your realtor and say like, “I want a house, what should I do?” Google or watch YouTube, or this many resources where you can find out more about the homebuying process. What does it look like, what should I expect, what do lenders look like, what did I need to do to be qualified? One area to really start with is understanding the financing. It’s going to be a waste of everyone’s time to look at million-dollar houses when you’ll only be qualified for a $500,000 house. You want $1 million houses or $10 million houses, but reality. Talking with mortgage lenders upfront, understanding what you’ll qualify for, having them pre-approve you and actually look at your debt, your income so that you can go to the market armed. Now, once you’re searching, be very on top of your search. Getting an app or get several apps that you like such as Zillow (NASDAQ:ZG), Redfin (NASDAQ:RDFN), Homesnap, look at the market constantly, identify the areas that you’re looking into, be unafraid to tell your realtor like, “Hey, I saw a property pop up, we need to go look at it now. Can you call the realtor, you can figure out what’s going on with them? I was actually lucky enough to find my house by looking at a house across the street, I saw a sign but the house wasn’t listed. I asked my realtor to go call that realtor and see what was going on. We then were able to make an offer on the house before it even hit the market and we’re able to negotiate certain terms that we weren’t able to do have we not done that process. Understanding how the home inspection, financial contingencies come into play can really help you craft the best offer for your house to really be competitive compared to other peers. We submitted a letter, for example, with our offer, and I understood the person who was renting the house. I was able to talk to her and her needs about selling the house and really help explain why we would be the people to work with because I was a landlord myself, I’ve done several deals, I could guarantee that I would close quickly. In other cases, I would send pictures of my baby and say like, “Hey, we’re a loving family, we’re going to make this home our own.” These are the things that will help your offer standout against the other 18 offers there. Some things to understand to, especially for African-Americans when you’re going to the housing market. Many of the cities that we live in or that we would target or have communities are oftentimes going be undervalued. The appraisals, and it’s been a problem that’s been highlighted and talked about over the decades. Actually, certain states and counties that have legislation actually aimed to try and help this with coming up, filling in the gap between appraisals. What I mean by this is if you’re going to buy a house for $500,000, at some point someone’s going to appraise the house for a value. If that value comes in under $500,000, typically the bank is going to look at you to make up that difference. And unfortunately, for many African-Americans, the chance of our appraisals coming in lower than the purchase price or coming in lower than what we think or what the market would say is sadly more common to impact us. Being able to look at the recent sales in your neighborhood, understanding what goes into an appraisal and how to negotiate. This may sound bad, but I always tell people, “don’t trust anyone.” It’s not that they necessarily are trying to get you, but oftentimes they don’t know any better, simply following protocols. These things have been baked into the system for a long period of time. Push back on the appraisal if you think it’s unfair. Question the fees on your HUD, the estimated fees that coming through your home share for your home purchase. Talk to your realtor about what are the neighborhoods, what they should be paying for. Also work with the realtor and have them really negotiate and represent you in the process. Unfortunately, some realtors will be really interested in getting the deal done quickly because that’s how they’re paid. They may not be incentivized to sit there and negotiate and argue for the next two weeks to get $15,000, which technically would get them a lower payday and delay the sale. You need to be an advocate for yourself, you need to understand what you’re getting into, and understand the market and be able to navigate these waters because it’s going to be probably the largest purchase that you ever make, it’s going to be something that you’re going to live in for a long period of time, and it has a huge impact on your ability to build net worth and wealth overtime by participating in real estate, the housing market. That was some tips and tricks, it’s a very competitive time. I think things may slow down, maybe become a little bit easier over the next couple of months, but I have no crystal ball and neither does anyone else, so it’s very hard to tell. But by being competitive, being on top of your game, it can really give yourself the best chance.

Jones: Thank you so much, Damien. The final question we’re going to ask, what are some tips for people thinking about planning for their family’s financial futures? You already talked about home ownership, but what are some other financial planning that people should look into when it comes to their families?

Peters: Generational wealth is very big for me. I’ll be honest, during college there was a time where part of my tuition was paid by my mom taking some money out of our rental properties that we owned at the time, and this, literally generational wealth. I was able to graduate undergrad without student loans, I did have a scholarship for most of it. But for the part that I didn’t, both of my parents had assets that they could take from and utilize. There’s a couple of different ways to invest for your children that make sense and I think are good options. 529 accounts, so these are specific accounts, say, very different but with some attributes similar to a retirement account around tax savings. For example, in my state here in Maryland, you can contribute money to a 529 account that you can actually use for private school in addition to college, and you receive a tax write-off for any money that I can contribute. If you imagine, if I want to send my kid to college, I can essentially pay for that and get a huge tax write-off because college is super expensive. It’s only going to be more expressive for investing in that. Each state is different, but 529 accounts are really good vehicles for education particularly. For more complex tactics that you’ll see the wealthy use are you can create an IRA or retirement account for your child if you have your own LLC, there are some rules. You should really talk to a tax attorney about this, this is not financial advice. But you can create a retirement account for your child under your company as long as they perform some meaningful work for you. For example, they can be a model for advertising material, they can shred papers for you, they can do this. This allows you to contribute money to their account, that again, will grow tax-free. It will not come into play when they apply for college, it doesn’t count against their financial aid package. If they decide not to go to college or if we get a full ride the Harvard or MIT, somewhere else, they can use that money to later on buy a house, they can use it for their retirement. It sets them up to a very good position. Understanding the estate laws and how your own different accounts will be taxed differently, an IRA, or a Roth IRA, or 401K for example, has different rules when being handed to a child, when being inherited as opposed to a traditional 401K or IRA. Understanding where to put money and where to draw for money in the future. Having an estate plan in place, so who’s going to get the money, how are they going to get the money. It’s easy to say, “Well, I put their name on the beneficiary, they’re going to get it all.” What people don’t understand is that probate court or the ability to actually access their inheritance can take months to years depending if it was not properly planned for in the first place, so having an estate plan, thinking about how you want to give your children your assets, for example. I have rental properties if I were to pass tomorrow, my four-year-old son probably can’t manage those. I have an estate plan that indicates who will take those over, who will control the money, at what point, in what age he will actually have access to all of this. This is all structured, put into place in a locked box somewhere so that God forbid something happens, I know that my next generation is taken care of. Actually a common slogan we use at Wealth Noir is “I want to pay for my grandchildren’s college education and I don’t know my grandchildren.” I may never meet them, to be honest, but I can still make changes now to plan for them. Then one good thing, especially when you have children is having good insurance policies. Ensure that you have a life insurance policy that will cover any outstanding debts, that you won’t be passing a lot of debt or burden onto your children, onto those around you. And another big, big thing is talk to your kids about money, talk to everyone about money, but talk to your wife, talk to your significant other, have a plan so that they understand what they need to do if you pass and vice versa. Talk to your kids, have them understand the importance of saving and not spending all their money if they were to get $2 million inheritance that they shouldn’t buy Lamborghinis and pop bottles that maybe they should buy some rental properties or invest in the stock market or think about things long term. But knowledge and financial literacy is one of the key things, especially when you start looking at the wealth gap and other areas like that isn’t passed down. In addition to the capital, but the education so that they understand what to do with it and that they can pass that onto future generation is really how you ensure that your current family, your future family that you may not know about or ever meet are all taken care of. I believe all the Fords, for example, are doing quite well because of one entrepreneurial individual who had the foresight to think in a way to plan for several generations down. That’s something that I think is really important for everyone, especially important in our communities and has multiplicative effects over time.

Jones: Damien, where can our viewers find more from Wealth Noir?

Peters: Yes. Wealth Noir is everywhere. Wealthnoir.com is where you can go to our site, and you can see the articles that we’ve been putting out about various topics. We love to interview people who are doing great things, personal stories so people can find inspiration there. You can also sign up for our community. We have a community where we take like-minded individuals that really focus on building wealth. We have webinars, special events, summits, different things, offers that come out from there. Then across social media, we’re @WealthNoir wherever you go to, LinkedIn, Pinterest, Instagram, Twitter, Facebook. Type in Wealth Noir, you will see us because we think getting that information out to you, out to everyone in a medium and in a way that makes sense for them is how we really change this view and the mentality about money and building wealth, and how we really have a long-term impact on the wealth gap.

Jones: Awesome. Well, thank you so much Damien for joining us and sharing about your organization’s mission. We will definitely keep in touch and Fool on!

Peters: Fool on. Thanks again for having me. I love what you guys are doing. I really appreciate you taking the time to talk to me more and hear a little bit more about Wealth Noir.

Jones: Awesome. Thank you.

Peters: Bye.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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For Debt to which a Regular Financing Plan applies (as those terms are defined in the Consumer Cardholder Agreement), each minimum monthly payment is equal to 5% of total unpaid Purchases plus related interest and any past due amounts, or $10, whichever is greater, plus other amounts as described in your Consumer Cardholder Agreement and as set out in your monthly Account Statement.

The billing period covered by each Account Statement will be approximately 28 to 31 days. A grace period of 25 days applies to non-qualifying purchases when posted to the Account. There are no annual membership or renewal fees and the retailer does not charge any plan administration fees.

Examples of borrowing costs at the standard credit rate of 21.50% per annum (assuming a regular financing plan balance owing during a 30 day month covered by the Account Statement and no other credit plans, fees, additional payments or other charges).If your Account was opened prior to August 1, 2019, the minimum monthly percentage used to calculate the minimum payment is equal to 3.0% and will increase to 3.5% on August 1, 2023, 4.0% on August 1, 2023, 4.5% on August 1, 2024, 4.5% on August 1, 2024 and 5.0% on August 1, 2025.

© 2021 Home Depot International, Inc. All rights reserved.
® Registered trademark of Home Depot International, Inc. Used under license.

Staples Personal Credit Card Bill Pay, Online Login, Customer Support Information

Staples Personal Credit Card Online Bill payment
Customers of Staples Personal Credit Card can pay there bills by logging in the official website https://www.accountonline.com/cards/svc/Login.do?siteId=STAPLES (given below) and visit Pay Bills Section to make the payments. In case of any issue or support one can contact Staples Personal Credit Card support (866)-426-3831 using the details given below.

Staples Personal Credit Card Login
To login in one should visit the bill payment website https://www.accountonline.com/cards/svc/Login.do?siteId=STAPLES and enter his/her username/password in the right section of the page and press login. In case you have forgotten your password/user id you can press on Forgot password button. In My accounts section you can see your pending bills and make the payment by Online Banking facility. In case you want to redeem redeem rewards points visit Offers page.

Staples Personal Credit Card Phone Number
You can fine Phone/Support number given below. In case of any further query you can also visit Contact Us section of the website.

Mode of Payment
Checking, Savings,

Staples Personal Credit Card Hours of Operations
Monday 10 am – 7 pm
Tuesday 10 am – 7 pm
Wednesday 10 am – 7 pm
Thursday 10 am – 7 pm
Friday 10 am – 7 pm
Saturday Closed
Sunday Closed

Staples Personal Credit Card Overview

Website: https://www.accountonline.com/cards/svc/Login.do?siteId=STAPLES
Create new account: https://www.accountonline.com/webdepot/pl/PLCR_STAPLES/REQUEST_REGISTRATION
Online Login/Sign in: https://www.accountonline.com/cards/svc/LoginGet.do?siteId=STAPLES
Forgot Password Link: https://www.accountonline.com/webdepot/pl/PLCR_STAPLES/REQUEST_SIGNON
Payment Mode: Checking, Savings,
Support Phone Number: (866)-426-3831
Routing Number:

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  • Credit Analyst job in Deerfield Beach at Staples

    Organization Description Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction. For many, owning a home is the ultimate dream and we’re here to help customers make responsible choices throughout the home buying process through our online tools and advice. Whether purchasing a first home or vacation home, refinancing an existing loan or tapping into a home equity line of credit, we offer comprehensive services to help homeowners at every stage of their journey. Employer Description Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. Equal Opportunity Employer/Disability/Veterans Job Description As a Senior Home Lending Advisor, you will be required to deliver strong results in home lending products, and demonstrate strong interpersonal skills, as well as provide exceptional service throughout the sales process. You will serve as customers’ chief point of contact throughout the life of the loan, adhering to all regulatory requirements while marketing and promoting the financial products offered by Chase. You will be responsible for serving as the home lending specialist at the branch by coaching and mentoring the branch team and providing training on products and services. You will work hand-in-hand with bankers, meeting with their customers and introducing new clients to bankers for additional products and services. With your team you will create an outstanding customer experience by utilizing centrally managed direct mail, media advertisements, cross-sell efforts, relocation programs, statement programs, Chase.com, electronic newsletters, outbound lead sourcing, and other marketing efforts. This position is subject to the Dodd Frank/Truth in Lending Act qualification requirements for Loan Originators. As such, an employment offer for this position is contingent on JPMC’s review of your criminal conviction history, credit report, information available through NMLS, and any other information relevant to a determination by JPMC that you demonstrate financial responsibility, good character, and general fitness for the position. Note that any felony conviction within the last seven years will disqualify you from consideration for this position. Your continued employment in this position would be contingent upon compliance with Truth in Lending Act/Dodd Frank Loan Originator requirements. In addition, this position requires National Mortgage Licensing System and Registry (NMLS) registration under the SAFE Act of 2008. As such, upon active employment with JPMorgan Chase, you will be required to either register on NMLS, or to update your existing registration as necessary to grant access to and reflect your employment with JPMorgan Chase. Your continued employment in this position with JPMorgan Chase is contingent upon compliance with the SAFE Act, including successful registration immediately after your start date, and timely completion of annual renewal and required updates thereafter. Any information obtained during the registration, update, and renewal processes or through NMLS notifications may impact your employment with the firm. Any of the completed information you provide during the Chase on-line application process may be transferred, on your behalf, to NMLS by JPMorgan Chase. Please carefully review the information you provide to Chase for accuracy and consistency and with any current NMLS record, if applicable, before submitting. Further information about NMLS and registration requirements of registration can be found at: . Qualifications Minimum three years of mortgage lending, proven sales experience in retail banking required Bachelor’s degree or equivalent work experience in sales and/or real estate preferred Marketing, promoting, relationship building and consulting skills preferred Intermediate PC skills in a Windows environment preferred FHA/VA sales experience preferred Excellent written and oral communication skills Knowledge of real estate market in local area Knowledge of FHA, VA, FNMA, and FHLMC guidelines Internal: Ability to develop a strong partnership with the assigned retail branches to promote mortgage loan originations (in footprint territories), and can function well within formal and dotted-line reporting relationships External (Customer): Builds role as the internal and external mortgage expert; builds and maintains good relationships with customers; and exhibits consultative skills to provide recommendations based on financial analysis and expertise, product knowledge, and knowledge of the customer’s financial needs, goals, and circumstances Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. Equal Opportunity Employer/Disability/Veterans

    Read more

    90,000 How to properly repay a loan ahead of schedule – what you need to know

    Contents of the article:

    Early repayment of the loan – is it possible?

    By law, the bank does not have the right to prevent the client from repaying the debt earlier than the deadline established by the contract. In this case, the borrower is obliged to notify the financial institution in writing about the desire to pay off the loan in advance. The term for filing an application depends on the conditions of each bank, on average – one month.

    Early repayment of the loan is possible in part or in full. Funds in excess of the established monthly payment reduce the amount of overpayments, but a number of nuances should be taken into account. The interest accrued by the bank is recalculated only for the balance of payments on the debt. Therefore, it is important to warn the financial institution about the desire to repay the loan early so that payments are adjusted.

    The loan consists of the following parts: principal, interest on the loan, interest on late payments, insurance fees.First, the client pays the amount for using the loan and penalties, if any. The main debt is paid off last.

    Is it profitable to repay the loan ahead of schedule?

    If the client closes the loan in advance, the bank loses money in interest. Such actions are not beneficial to financial institutions. And the borrower, on the contrary, can shorten the term of the debt, reduce the loan burden and save on overpayments.

    Before deciding on early repayment of debt, you should evaluate your financial capabilities.Contact a bank specialist in order to choose the right option for cooperation and avoid undesirable consequences.

    What you need to know about early debt repayment?

    Early repayment of the loan consists in the payment of all funds within the framework of one agreement. Under the current legislation, the borrower has the right to close the debt after the first month, if such a condition is provided for in the agreement. The privilege applies only to consumer loans and does not apply to loans for business.

    After making the payment, the client needs to take an extract from the bank, where it is indicated that the amount owed has been reimbursed in full and there are no claims. In case of disputable situations, this document is a guarantee of loan repayment. After the loan is repaid, it is necessary to check whether the encumbrances on the mortgaged real estate have been removed.

    How to repay loans ahead of schedule?

    The sooner you start to pay off the debt under the obligation to the bank, the greater the savings will be.To find out how much money is used to pay interest and the main loan, you should familiarize yourself with the payment schedule that the client receives in his hands along with the agreement, or in the mobile application.

    When closing the debt before the deadline, you must perform the following actions:

    • Send a free-form notification to the bank, indicating the amount and term of early repayment. This can be done during a personal visit to the office or remotely, if the credit institution provides such an opportunity.
    • Select the type of repayment – with a decrease in the size of the payment or the term of the loan. When paying in the full amount of the debt, first check its amount with the bank manager.
    • Deposit money into the account. It is recommended to repay the loan ahead of schedule in the numbers that the bank has set for each client.
    • The employee of the financial institution must recalculate the loan within 5 working days. The results are communicated to the client via SMS, phone or email.

    In order not to accrue fines when closing a loan in the bank, it is necessary to carefully study the cooperation agreement. You should carefully check the conditions for early repayment of the loan, which are established by each financial institution. Therefore, in order to carry out the procedure correctly and not spoil your credit history, clarify the details of the transaction in advance. For example, in Loko-Bank, when making a consumer loan in cash, no commissions are charged for early repayment of debt, which makes it possible to reduce overpayment.

    When the debt is paid in full, the client requests an extract from the bank, confirming that the loan has been repaid and there are no claims. You also need to write a statement to close the account. To complete the contract with the insurance company, you will need a certificate of payment of the debt to the bank and a refusal to renew the services.

    If you decide to repay the loan in full or in part ahead of schedule, calculate the benefit using a special calculator. If you have any questions, please contact the specialists of the servicing bank.A balanced and deliberate approach can save time and reduce overpayments.

    90,000 Renaissance Credit launched an online service for loan repayment

    26 October 2016

    October 26, 2016, Moscow – Renaissance Credit, one of the leaders in consumer lending in Russia, has launched a new service for repaying loans on its website. Now the bank’s clients have the opportunity, having access to the Internet at hand, to transfer funds to an account with Renaissance Credit from VISA or MasterCard cards of any other Russian bank connected to the 3DSecure service.


    In order to make a transfer, it is enough to follow a few simple steps. On the main page of the bank’s website, select “Loans”, then – How to pay -> Payment by card. Or just enter https://rencredit.ru/c2a in your browser. In the window that opens, you must indicate the mobile phone number, fill in the details of the card from which the transfer will be made, indicate the payment amount and enter the account number in Renaissance Credit, to which the funds should be credited.

    “We issue loans to a large number of clients, and our task is to provide them with convenient repayment options.We have implemented a service that allows borrowers to make regular loan payments from any card at any time and in any place with Internet access. The funds will be credited to the account the very next business day, – said Alexey Gribkov, executive director, head of the department for the development of remote business “Renaissance Credit”. – Our immediate plans are to provide the client with the opportunity to set the frequency of debiting funds from the card for the entire loan period.Thus, having made the necessary settings once, the borrower will no longer have to think about monthly payments – the money will be transferred to his credit account automatically. We are sure that many will like this service ”.

    With the help of the new service, customers can not only make the next loan payment, but also top up any other account opened with Renaissance Credit.

    Information about Renaissance Credit

    CB Renaissance Credit (LLC), one of the leading banks in the consumer lending sector in Russia, offers individuals consumer loans, bank cards, deposits and other services.

    Founded in 2003, Renaissance Credit is one of the TOP-100 largest Russian banks and works with more than 9 million clients in Russia. The geography of Renaissance Credit’s activities covers 68 regions of Russia.

    The bank was assigned ratings: Standard and Poor’s – B-, Moody’s – B3.

    The main owner of Renaissance Credit is the ONEXIM Group, one of the leading Russian investors, which owns a diversified portfolio of assets in the financial services, energy, metallurgical and other sectors of the economy.

    Bank of Russia licenses for banking operations No. 3354.

    Renaissance Credit website – rencredit.ru

    ONEXIM Group website – onexim.ru

    90,000 Knowledge base – Repayment of a loan (loan) at the expense of the maternity capital

    From January 1, 2007, Federal Law No. 256-FZ of December 29, 2006 “On additional measures of state support for families with children” and the Rules for submitting an application for the issuance of a state certificate for maternal (family) capital and the issuance of a state certificate, approved by Decree of the Government of the Russian Federation of December 30, 2006 No. 873, which allows you to send maternity capital funds to repay a mortgage / loan.

    The list of documents required to channel maternity (family) capital funds to improve housing conditions requested by the Pension Fund of the Russian Federation includes a certificate from the lender (the Bank that issued the loan) on the amount of the principal debt balance and the balance of the debt on interest payments for the use of the loan or loan.

    To obtain the creditor’s certificate, the following documents must be submitted to the Bank:

    • Application for the preparation of document
    • Paid notice with a mark of payment
    • A copy of the passport of each participant in the loan agreement (spread with a photo and registration address)

    All documents can be submitted through your personal account.

    The term for preparing the certificate is 5 days from the date of receipt of payment and request. The certificate is valid for 1 month.

    A creditor’s certificate is provided along with a full package of documents to the Pension Fund. If your application for the direction of maternity capital funds to repay the loan is satisfied, the Pension Fund will transfer the funds to Rosbank House. Regardless of the terms of the loan agreement, the maternity capital funds will be written off in a lump sum on the day of receipt to repay the principal debt on the loan. You do not need to fill out an early repayment application.

    If the amount of maternity capital exceeds the balance of the principal debt and interest on the loan, the unused funds will be returned by the Bank back to the Pension Fund.
    After debiting the funds, Rosbank Dom will generate a new payment schedule and send it to your email address (in the absence of an email address, to your correspondence address).

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