A letter of credit is a letter from a bank guaranteeing that a buyer’s payment will be received on time and for the correct amount. Here’s how letters of credit work.

Commercial letters of credit are often used to make payments in transactions for the sale of goods and services and allow each party to ascertain that the other is meeting its obligations under ...

A letter of credit is vital for anyone involved in international business. Find out how this simple instrument can make all the difference inside.

A letter of credit, or LC, is a contractual agreement used as a credit instrument in international trade to ensure payment for products that are shipped. The LC usually is requested by an exporter ...

Your letter should also include copies of important documents to help the bureaus conduct an investigation. See a sample credit dispute letter below.

Small businesses are the backbone of the Washington economy — employing 1.4 million workers. Unfortunately, these businesses are facing a huge financial strain because of excessive credit card ...

When a company gets hacked and your customer data is compromised, you often get a letter offering credit monitoring. What exactly are you signing up for if you opt in for that?

Different from a credit dispute, a goodwill letter explains why you had a late payment and asks the creditor to take it off your credit reports. Here's what you need to know to write one that works.

A new book advocates a ratio called “Tobin’s q” as the best way to judge whether stockmarkets are soundly valued—and concludes that Wall Street is, oh, about two-and-a-half times higher ...

Having read Patrick Jenkins’ column “The gung-ho growth of private credit needs proper monitoring” (Opinion, October 8), where he describes how private capital groups are expanding ...