Key takeaways Credit scores are based on formulas that take multiple contributing factors into account. The time it takes to raise your credit score depends upon the reason(s) that your score is lower in the first place. The longer your accounts are open and in good standing, the better…
Key takeaways The statute of limitations for some types of debt is typically three to six years. While waiting for the debt to expire, record the start date when your debt was first recorded delinquent, don’t admit to the debt and check your state laws. Dealing with debt can be…
PeopleImages/ iStock / Getty Images Plus Key takeaways The Capital One Premier Collection allows certain cardholders to book luxury properties, including hotels and vacation rentals, and score additional perks and rewards. Benefits include an on-property $100 experience credit, complimentary Wi-Fi and daily breakfast for two. Eligible cardholders can also earn…
Key takeaways A power of attorney is generally not responsible for debts when the person they are POA for dies. A power of attorney may be responsible for debts if they cosigned a loan, share a joint account or are married to the person they’re POA for and live…
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While there has been much conversation on not buying from companies with poor diversity, little has been said about investing…
Lifestyle inflation occurs when your expenses increase as you earn more income. It can start subtly—dining at pricier restaurants, upgrading…
Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…
Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
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Key takeaways The total cost of renting a vehicle will be influenced by the vehicle size, the amount of time you rent and the location of the rental. The average cost per day for a four-day rental is $44, according to Hopper. To secure the…
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Budgeting with ADHD Using Visual Tools Budgeting with ADHD doesn’t have to be a snooze fest. If spreadsheets make your eyes glaze over,…
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Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making…
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Eugenio Marongiu/Getty Images Key takeaways Whether or not you should open a bank account abroad will depend on the length of your stay and if you’re planning to travel while overseas. Opening a bank account abroad requires finding a foreign-friendly banking institution and gathering necessary documents like your proof of…
Investing in an individual retirement account (IRA) is a great way to save for retirement — as long as you’re actually investing your money. Yet a surprisingly high number of investors who take the critical step of contributing money to an IRA miss out on the account’s biggest perk: access…
Jacob Wackerhausen/Getty Images “How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a monthly payment that works for you might be easy — simply subtract your monthly expenses from your gross monthly income. Unfortunately, that number might not…
eclipse_images/Getty Images Key takeaways Credit-builder loans can help borrowers improve their payment history — and by extension their credit score — since they report regular, on-time payments to major credit bureaus. Benefits of credit-builder loans include flexible acceptance criteria, the chance to improve your credit and the ability to build…
Key takeaways When securing a vehicle lease, lessees can negotiate the buyout price, gross capitalized cost, mileage allowance and money factor. Take the time to understand the language of a car lease to ensure confidence when negotiating. When signing off on a car lease, you cannot negotiate the acquisition fee,…
Key takeaways When it comes to couples and credit cards, only one party needs deep knowledge to accumulate credit card rewards. Having a secondary user work in partnership with a lead cardholder as a ‘Player Two’ can yield great results. Here at Bankrate, many of us are slightly obsessed with…
JGI/Tom Grill/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Business line of credit interest rates range from 8 percent all the way up to 60 percent or higher, depending on the lender and the borrower’s creditworthiness The best rates are offered to established business owners with good-to-excellent credit Business…
Key takeaways Divorce can have a negative impact on your finances, but it’s important to protect your credit at all costs. Understand that the process of rebuilding your credit can take time and effort. Take advantage of resources that help you rebuild your credit and finances after divorce. When a…
If the March Madness office betting pool doesn’t quite scratch your itch for action, Robinhood’s (HOOD) got you covered. This week, the broker launched a prediction markets trading platform in the Robinhood app, enabling customers to “engage with events that align with their interests” by trading contracts on the outcome of…
If your paycheck is different every month, you’re not alone. Many freelancers, gig workers and commission-based employees face the same challenge of having a variable income. But you can manage your money with an irregular income (and it’s easier than you think). The secret? A budget—which is just a plan…
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