Tax Refund Loans used to be big money makers for companies like H&R Block, Liberty Tax Service and Jackson Hewitt. Tax preparers might have charged something like a $50 fee plus a 36% annual interest rate. Let’s say the customer had their taxes prepared and it showed that they would receive a refund of…
Beacon Community Bank was officially granted a bank charter from the South Carolina Board of Financial Institutions and deposit insurance from the FDIC. The bank opened this morning at its permanent location at 578 East Bay Street in downtown Charleston, SC. The chairman of the board is Tommy Baker, a well-known auto dealer in…
When you sell a call option, you are giving the buyer the chance to buy shares of a particular stock at a set price at some future date. For instance, let’s say Microsoft (MSFT) is trading for $85.52 or January 3rd. The call option to buy MSFT for $86 on January 5th sells for…
