Key takeaways Construction loans are short-term loans that you can use to build a home. Some construction loans can be converted to mortgages after your home is finished. Construction loans typically have tougher criteria and higher interest rates than conventional mortgages for existing homes. If you can’t find the right…
An annuity can provide you with a steady stream of income, ensuring that you have money when you need it. That’s why many people turn to annuities during retirement, to be sure that they have cash flow when they’re no longer working. If you’re looking to buy an annuity, you’ll…
Key takeaways Zombie debt refers to old or expired debts you’ve either forgotten about or never knew about that debt collectors try to resurrect and collect. The most common types of zombie debt include discharged or settled debts, time-barred debt (debt that is past the statute of limitations for collecting),…
Key takeaways If you file for Chapter 7 bankruptcy, you may be able to keep your home, especially if you have a relatively low amount of equity. If you file for Chapter 13 bankruptcy, you’re more likely to keep your home, provided you can make any missed payments along with…
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Washington is abuzz over whether Congress will address President-elect Donald Trump’s ambitious policy agenda in one bill or two. But…
TomoCredit, a five-year-old San Francisco startup that claims it boosts consumers’ credit scores, is facing a growing number of problems,…
Millions of student loan borrowers face an uncertain future as a second Trump administration prepares to return to Washington. But…
The 2024 presidential election has ended, and Donald Trump is poised to retake the White House, with big implications for…
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It was a close call for a dog named Max when fire raged through his Altadena neighborhood. The brindle-coated Corso mix hid, huddled and scared, under some bushes in his yard as the Eaton fire ravaged his street. Firefighters and photojournalists in the area could…
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Key takeaways Credit repair is a term used to describe the process of restoring your credit rating. You can hire a credit repair…
Banking
Thanks to more than a decade of Dodd-Frank and Basel III regulations, the Trump administration inherits a well-capitalized and liquid banking system. Squandering…
Credit Cards
Key takeaways The Southwest Companion Pass is attainable by using Southwest credit card welcome bonuses to meet the 135,000-point requirement. Applying for a…
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The Capital One Venture Rewards Credit Card is one of the most popular travel credit cards out there, especially among cardholders who prefer easy-to-use cards with flexible rewards. The Venture card’s biggest benefit is its flat rewards rate: You’ll earn 2X miles on all eligible purchases, so it can be…
For decades, one of the perks airline travelers have enjoyed most is the ability to earn frequent flyer miles and redeem them for an award flight or other rewards. Whether you get them via a travel credit card, an airline loyalty program or both, earning frequent flyer miles can be…
Food costs represent a significant portion of household budgets, and rising grocery prices make strategic shopping essential. While cutting back isn’t the only solution, smartphone apps can provide substantial grocery savings through cash-back rewards, digital coupons, discounts and loyalty programs. Here’s a comprehensive guide to 10 effective food savings apps…
Alina Rudya/Bell Collective/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Where some Amex credit cards earn cash back, travel credit cards from the issuer earn American Express Membership Rewards points instead. You can redeem these points for travel, gift cards, select merchandise or statement credits, or you can transfer your points…
Kathrin Ziegler/Getty Images Key takeaways While regular checking accounts often pay no interest, some interest-bearing checking accounts – also referred to as high-yield checking accounts – do earn interest. Interest checking accounts may come with additional requirements such as direct deposit or a minimum number of monthly debit card transactions.…
Monthly rent payments often consume a significant portion of household income, with many Americans spending more than 30 percent of their earnings on housing costs. As rental prices continue to climb, managing these payments effectively has become crucial for maintaining financial stability. In recent years, numerous apps have emerged to…
Fidelity Investments is well-known for being an investor-friendly outfit, with low-cost and even no-cost mutual funds. But the company also has a range of about 75 exchange-traded funds (ETFs) that investors may want to consider adding to their portfolio. While most of these ETFs are small or relatively new –…
Key Takeaways A semi-truck loan, lease or line of credit are all options for business owners who need financing to buy a semi truck. Your credit score will play a significant role in your ability to qualify for a loan, but you can find loans for bad credit from specific…
Dennis Oblander/Adobe Stock Key takeaways You can get approved for a home improvement loan with a bad credit score, but it’s likely that you’ll pay a high interest rate. Borrowers with bad credit are more likely to be offered smaller loan amounts. It’s best to build up your credit score…
Credit Sesame shows you how pragmatic thinking can transform your finances, starting on World Logic Day. World Logic Day, celebrated every January 14th, honors the importance of logic in our lives and highlights its role in shaping disciplines like mathematics, philosophy, and computer science. Established by UNESCO and the International…
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