Key takeaways Prescreened credit card offers target qualified consumers based on their credit score, credit utilization, and location. Advantages of presecreened offers include saving time when comparison shopping. Disadvantages include increased junk mail and the risk of identity theft. You can choose to opt out of prescreened offers.…
Nobody likes getting an audit notice in the mail, which is why it’s critical to complete your business taxes in a thorough, correct and timely manner. Unfortunately, it’s easy to get tangled in the details of tax code and feel overwhelmed by all the ins and outs of your paperwork.…
Key takeaways You don’t need to put 20 percent down to get a mortgage, and some mortgages don’t even require a down payment. You can get a conventional mortgage with 3 percent down, but with anything less than 20 percent, you’ll have to pay mortgage insurance. Making a larger down…
Key takeaways A business line of credit gives companies a reusable form of credit that they can access whenever they need it Eligibility criteria for lines of credit can be more lenient than other types of business loans, making them an accessible form of funding You might consider a business…
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Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
The Covid pandemic crushed immigration and demand for Nova Credit’s tech. Then its founder discovered a second line of business.…
A perfect storm is brewing for millions of federal student loan borrowers, who may experience dramatic increases in their monthly…
As the Biden administration exits Washington, President-elect Donald Trump inherits a federal student loan system that looks much different than…
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How two Chinese women turned their Ph.D. theses into machine learning that makes connections between seemingly unrelated events to discover emerging fraud schemes. By Hank Tucker, Forbes Staff Back in 2006, after earning her Ph.D. from Carnegie Mellon, Yinglian Xie wasn’t thinking about whether she…
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Key takeaways Governments often borrow money to cover deficits when taxes and other revenues don’t cover expenses. The national debt is the total…
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From Mount Olive, North Carolina to Anchorage, Alaska, each of the top 10 banks on Forbes’ ranking of 100 publicly traded banks are…
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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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Image by GettyImages; Illustration by Bankrate Home equity rates did the slightest of dips in the most recent week. The $30,000 home equity line of credit (HELOC) fell one basis point to 8.28 percent, trading near its lowest level in more than a year and a half, according to Bankrate’s…
Images by GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways A debt consolidation loan replaces multiple streams of debt with one new loan at a fixed rate and monthly payment. Choosing a personal loan for debt consolidation is typically a fast and simple way to consolidate all kinds of debt. Debt…
Multi-family homes can be a great way for novice real estate investors to get started. They’re also a popular option for extended families to live under one roof. However, these properties, which contain multiple units for more than one household, have some challenges that single-family homes don’t have. If you’re…
Maskot/Maskot/Getty Images Key takeaways Reopening a closed card could help your credit score by keeping a long-term account open and saving you a hard credit pull from a new card application. There’s a chance you could reopen a card you voluntarily closed, but it’s better to reach out to your…
Key takeaways Strengthening your credit score, setting a budget and understanding loan types are key before shopping for a mortgage lender. Comparing rates and terms from multiple lenders — at least three — is crucial, as is applying for mortgage preapproval before you start home-hunting. There are six main types…
It’s not always easy finding competitive yields if you own a business. A business certificate of deposit (CD) can be a great way to earn a fixed annual percentage yield (APY) on money you can put into an account for a specified term. This page will provide you with some…
Francesco Carta fotografo/Getty Images Bitcoin Cash is considered a faster and cheaper alternative to Bitcoin and was created in 2017 after Bitcoin experienced a hard fork in its blockchain. Here’s how Bitcoin Cash came to be and what you need to know about its purpose within the crypto universe. What…
katleho Seisa/Getty Images Key takeaways The BankAmericard® credit card comes with a great introductory APR, making it a solid option for people to pay off credit card debt over time. The Bank of America® Unlimited Cash Rewards credit card offers good long-term value with access to cash back, the ability…
Carlina Teteris/Getty Images When looking for a financial advisor, you’ll encounter various compensation arrangements, including fee-only advisors and fee-based advisors. Fee-only advisors and fee-based advisors sound very similar, but they have some major differences, and it could have a big impact on the kind of advice you receive as a…
You might consider an SBA microloan if you’re trying to start or expand a small business. But how exactly does getting a microloan through the SBA work? What do you need to meet the requirements? What do terms look like? How do you get started with an application? We’ll answer …
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