Facts & Stats

Credit cards date back to the 50s when the first-ever Diners Club card hit the market. They have become a vital part of every person’s finances thanks to their convenience…

The latest financial literacy statistics suggest that people worldwide still need guidance in handling their money. While financial literacy is essential for amassing wealth and avoiding debt, both youth and…

Nobody likes to think about car accidents. That, however, doesn’t mean that they don’t happen, and that’s when people realize the importance of having car insurance. Did you know that…

In addition to the countrywide federal corporate tax, individual US states have their own corporate charges. Meaning, depending on where you register your company, you may have to pay more…

Setting some money aside for the future is never a bad idea. And yet, the latest savings statistics show that Americans are far from living by that principle. An average…

PayPal was established back in 1998 by Max Levchin, Peter Thiel, and Luke Nosek under the name Confinity. Two years later, Confinity merged with Elon Musk’s X.com, and, as they…

Venmo hit the market in 2009 as a simple peer-to-peer mobile payment service. A few years later, it was bought by Braintree and joined the PayPal family. The latest Venmo…

Corporations hold trillions of US dollars hidden in tax havens. The most shocking tax evasion statistics show, such strategies cost governments worldwide billions of dollars. While plenty of countries struggle…

Less than 50% of American adults trust the Supplemental Nutrition Assistance Program (SNAP), and many believe most users abuse it. The latest welfare fraud statistics, however, show that the payment…

The health insurance industry remains an essential part of the US economy. It employs millions of workers and helps consumers deal with the soaring healthcare costs in the country. And…