CEDAR RAPIDS, IA / ACCESSWIRE / November 15, 2018 / The Bankly has been helping consumers handle their finances better and now, it aims to further improve its service.
The independent financial information web portal has confirmed that it is reinforcing its content to emphasize the importance of banking and investment education.
On the heels of a growing financial crisis and increasing bank interest rates in the country, The Bankly is bolstering its content portal to help consumers make the right decision with their money. The website has pushed the pedal in publishing in-depth and helpful articles, covering in-demand and top-searched topics to cater to the growing need of the public.
''We are aware of what the public is facing in terms of their finances and the global economy, and we want to help them,'' The Bankly CEO, Muhammad Ali, explained.
''The goal is to provide consumers with what they need - in-depth guides on how to deal with credit cards, loans, and everything in between. We want to be the go-to source for financial tips and resources. Especially since we offer all of these for free to the readers.''
The initiative to strengthen its content follows reports that credit card interest rates are near record highs. According to recent reports, the average credit card rate is now at 17% - up from 16.15% last year and 15.22% in 2016.
Moreover, the central bank has warned that the figures will continue to rise. The Federal Reserve's projections reveal one more increase before the end of 2018 and three more hikes in 2019.
With the surge in rates, consumers could find themselves immersed in debt if they don't educate themselves with policies and the options they have financially. This is what The Bankly aims to provide - a portal which the public can visit for everything finance-related.
So far, the site already offers how-to articles, guides, and reviews on credit cards, loans, banking, mortgage, and more. Readers can find simple guides like ''How to Apply for Credit Cards'' to more exhaustive content like ''How to Refinance Student Loans.''
With the new initiative, the site aims to provide more comprehensive and timely content based on what consumers need at the moment.
''All of our content are written by financial experts, making sure that each one is well-researched and can definitely serve as a guide to readers.''
''There are several business and finance websites out there, but The Bankly stands because it provides information that is easy to understand and digest by the average reader. We also make sure that our portal is easy to access and is very user-friendly.''
Aside from being a financial web portal, The Bankly also supports financial security by funding a scholarship program. Knowing well how hard student debt is, the company offers an annual scholarship to one lucky student.
''One of the largest source of Debt is education expense in America. TheBankly aims to help one student and get some relief in bearing the education expenses.''
To learn more about The Bankly and its scholarship program, visit TheBankly.com.
SOURCE: The Bankly
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https://www.accesswire.com/528188/The-Bankly-Promises-Better-More-Comprehensive-Content-Following-US-Financial-Crisis
