Banking

What is structuring?

Structuring is an illegal act defined by the Internal Revenue Service (IRS) as “the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA)…

PNC credit limit increase process

PNC allows customers to apply for a credit limit increase every six months. The request is done with a soft credit check, which means that the inquiry will only be seen by you and it will not affect your credit…