Today let’s focus on what exactly a credit score is and discuss ranges. First, let’s define “credit score”. It’s a number that tells lenders how likely a consumer is to repay borrowed money based on their credit history. The higher the number, the more likely...
Arvest Bank is pleased to present “Money Matters,” a seven-week financial education series that will occur via Zoom-based classes on Mondays from Feb. 7-March 21. Classes will be held from 6-8 p.m. The classes are designed to help participants rethink personal...
February 2nd, or Groundhog Day, is not a random date. In fact, it is the cross-quarter day, which falls between the winter solstice and the spring equinox. This means it is right between the seasons, and a good time to think about whether it is going to be a long...
Arvest Friday Forum began in Bartlesville, Okla., in the late 1980s as a place for business leaders to gather to find out the latest community news. The Arvest Friday Forum has evolved over the years to what it is today – the place in town to find out the latest news,...
We live in an increasingly digital world and most of us give little thought to data privacy until after our personal data has been compromised. Our increased dependence on digital technologies to manage every aspect of life requires us to rethink what we share about...
“New year, new you,” doesn’t just apply to your wellness goals. You can also work on your financial fitness. In our last video we talked about the factors used to determine your credit score. Today, we’re sharing tips for caring for your credit score. First, paying...
Whether you are seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their versatility — many types of trusts exist, each...
We recently hosted a webinar designed to educate Realtors, real estate agents and brokers on various Arkansas Development Finance Authority (ADFA) programs that may benefit potential homebuyers. The programs provide government assistance to qualified buyers....
A financial health check can help you determine how well your finances are doing or what you need to work on to reach your financial goals. It’s a good idea to check on your financial health regularly, just as you would go to the doctor for a checkup, even if nothing...
When you consider a rocket launching into space, or an aircraft carrier traversing the oceans, you understand they are large vessels unable to change paths quickly. Their trajectory must be clear from the beginning to arrive at their planned destination on schedule....
Understanding your credit can be difficult, so we’re starting a series to break it down for you. First up, we’ll look at the five main factors that affect your credit score. Payment history affects your score the most, taking into account on-time payments,...
Wouldn’t it be nice if your business had the ability to take payments on the go? Would sending invoices through email or text message help your business? Mobile payment processing makes taking payments on the go easy and is a great option for small businesses....
As we imagine retirement throughout our lives, we may create a bucket list of dream-fulfilling desires and activities. Some revisit interests they did not have time to master during their working years, such as playing the piano, while some visit places that take...
As fall draws to a close and winter approaches, we reflect on our experiences over the past year. We generally focus on celebrating successes with family and friends. However, it is also an opportune time to revisit portfolios and consider how to harvest losses or...
With Cyber Monday only a few days away, many have already started searching for the best holiday deals online. Are you prepared to protect your personal information while boosting your purchasing power? Keep your holidays merry and bright with these five online...
Just what you need, right? One more time-consuming task to take care of between now and the end of the year. However, taking a little time out from the holiday chores for some strategic saving and investing decisions before December 31 can affect not only your...
In this day and age, we are more connected than ever. According to recent data, smart home systems are set to rise to a market value of $157 billion by 2023, and the number of installed connected devices in the home is expected to grow by a staggering 70% by 2025....
Invoice and payment efficiencies are crucial to the management of a company’s cash flow. When working with multiple suppliers, it is important for the accounts payable process to be effective for both you and your suppliers. Arvest ePayables is an automated payment...
You may have heard about the horrors of probate, but truthfully, probate’s recent bad reputation is undeserved. If you bypass probate, your estate will go to your beneficiaries without any court proceeding, which may save a certain amount of time and expenses. Today...
The foundation of a successful plan for wealth management rests upon four pillars–build, manage, protect, and transition wealth. A concept, which is clearly illustrated in the fictional life of John Jones. Investment: Build Mr. Jones has successfully started his...