Key takeaways You can find equipment loans from traditional banks, online lenders and even equipment manufacturers in some cases SBA 504 loans are an option if you’re looking to apply for an SBA loan for an equipment purchase If you can’t get approved for an equipment loan or need an…

Homeowners insurance is a no-brainer for people who purchase a property. In fact, if you finance a home, your lender will likely make it a condition of loan approval. But what about renters? You may or may not be required by a landlord to have similar coverage. Even if your…

Stock charts and their accompanying data can appear complex and may be difficult to understand for new investors. The good news is that with a little help, these charts — and the information they contain — can be useful during your research process to more easily identify attractive investment opportunities.…

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Slashed rates. Discounts on future purchases. Speedy delivery. No, these are not the promises of an auto dealer or eager e-retailer start-up. They’re coming from mortgage lenders. The incentives reflect the harsh reality of the residence-financing scene.  Since 2021, mortgage rates have more than doubled.…

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Key takeaways Not paying student loans could lead to late fees, a damaged credit score and wage garnishment. If you have federal loans, you may qualify for a repayment plan to help bring your loans current and get rid of the debt sooner. Student loan debt is only dischargeable in…

Key takeaways Group life insurance offered through employers can be affordable and easy to qualify for, but it typically stays behind when you leave the company. Privately owned life insurance offers more flexibility and customization, as well as the ability to keep coverage no matter where you work. If you…

Jasmin Merdan/Getty Images The Magnificent 7 stocks are a group of mega-cap stocks that drive the market’s performance due to their heavy weighting in major stock indexes such as the Standard & Poor’s 500 and the Nasdaq 100. The group’s seven stocks earned their name in 2023 due to their…

MoMo Productions/Getty Images Key takeaways When completing The Free Application for Federal Student Aid (FAFSA) online you can designate as many as 20 colleges and universities to receive a copy of your Student Aid Report. It is possible to revise the initial list of 20 schools on your FAFSA after…

l i g h t p o e t /Shutterstock.com Credit cards aren’t generally seen as the best option for borrowing money due to their high interest rates if you don’t pay your balance in full and on time. But a credit card can give you a lucrative edge over…

Key Takeaways Equity financing involves selling company shares in exchange for investor funding Debt financing means borrowing money from a lender that you pay back over time Both equity and debt financing have pros and cons The best option depends on the specific needs of your business Finding money to…

Key Takeaways Many savings accounts don’t require a minimum deposit. Look for accounts at an FDIC-insured bank that also have no monthly maintenance fees or minimum balance requirements. Online banks typically offer higher yields and fewer fees than brick-and-mortar banks. Saving money is vital, and savings accounts with no minimum…

Key takeaways Ordering foreign currency ahead of a trip can help lower the cost of exchanging money and maximize the amount you get in return. Using airport currency exchange services is often the most expensive way to obtain foreign currency. Consider a mix of payment methods: some pre-ordered cash plus…

Cryptocurrency is a kind of digital currency that is intended to act as a medium of exchange. Cryptocurrency has become popular in the last decade, in particular, with Bitcoin becoming the most widely tracked alternative currency. Typically, cryptocurrency is digital-only and does not have a physical form — that graphic…

Credit Sesame’s personal finance news roundup February 15, 2025. Stories, news, politics, and events impacting personal finance during the past week. Consumer debt passes $18 trillion Total consumer debt now exceeds $18 trillion for the first time, according to the Federal Reserve Bank of New York’s latest Household Debt and…