The Fed’s floor system, in short, has turned part of its balance sheet into a credit card for Uncle Sam. He can tap the excess-reserves option at any time to fund spending activities.

For instance, if you see you've accumulated a substantial amount of credit card debt, you could consider applying for a balance transfer credit card like the Wells Fargo Reflect® Card, which has ...

Accounting for a letter of credit on your balance sheet depends on when you use it. One issued by your financial institution acts as a credit substitute. That institution, often a bank, steps into ...

Key Takeaways. Balance transfers can help you avoid or reduce interest while you pay off credit card debt. Multiple balance transfers can be a useful strategy for debt repayment, but watch out for ...

The balance sheet, the income statement and the statement of cash flow are all studied carefully by the bank's loan office to assess the company's ability to repay the loan.