President Donald Trump took office on Jan. 20, and has spent his first several weeks issuing a flurry of directives that have major effects on consumers’ wallets. Let’s take a look at some of the biggest impacts for everyday consumers. Tariffs The most explosive economic development of Trump’s second term…
In dealing with the aftermath of a car accident, finally receiving the insurance claim check can be a major relief. Depending on your situation, you may receive a check made out to you, or you and a third party like your bank or leasing company. If you have your car…
Key takeaways You can pay your taxes with your credit card, but it’s not always a good idea. You’ll pay a credit card processing fee that can eat up any credit card rewards you earn on your tax payment. If you don’t pay off your card balance during its interest-free…
The deadline for filing your 2024 tax return is April 15, 2025. But what if you owe the IRS money and you don’t have the cash to pay up? If you don’t pay, you’ll be charged penalties and interest. However, taking a few steps now could help you avoid some…
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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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Key takeaways The Chase Freedom Unlimited® has a straightforward rewards structure, numerous redemption options and a strong welcome bonus for new cardholders. This card also includes access to Shop Through Chase, which allows you to earn bonus rewards at participating retailers. This card…
Dept Managmnt
Debt settlement is when you negotiate with creditors to reduce the amount you owe in exchange for a lump sum payment. It might…
Banking
F or private financial technology companies, last year was a quiet one for fundraising. Fintechs raised $34 billion in 2024, down from $42…
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 Citi Premier® Card is no longer taking new applicants, although existing cardholders can still use their cards. Those interested in applying for this card should check out the Citi Strata Premier℠ Card instead. Key takeaways Canceling a credit card can be an important step in optimizing your credit card…
10’000 Hours/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Check the lender’s minimum eligibility requirements, including credit score, time in business and revenue Decide on a loan type before choosing a lender Compare loan offers from multiple lenders to make the best decision Small business loans are accessible through banks, credit…
Key takeaways Bad credit business loans are a great financing option for businesses with poor credit These types of loans are widely available through online lenders Compared to traditional business loans, bad credit business loans have higher interest rates Getting approved for a business loan when you have bad credit…
Key takeaways Bank networks, such as IntraFi Network Deposits and Impact Deposits Corp., can help spread excess deposits across multiple FDIC-insured banks for maximum coverage. Opening accounts with different ownership categories, such as joint accounts or trusts, can also increase FDIC insurance coverage. Other options for insuring excess deposits include…
Key Takeaways APY stands for Annual Percentage Yield, which tells you how much interest you can expect to earn over one year. The APY offers a complete story of an account’s earning potential by using the interest rate and the compounding frequency. APY should be easy to find: The federal…
Tax credits are a powerful way to save money on taxes. Each dollar of a tax credit is subtracted directly from the amount of tax you owe the IRS. And some tax credits are refundable, meaning even if you don’t owe any more tax, the credit is paid out to…
Key takeaways The number of bank accounts you should have depends on your individual situation; only open accounts you need. It’s important to have at least one checking and savings account to stay on top of your finances. Research all the details of any account before opening it. Different deposit…
Key takeaways Cash advance apps offer a short-term solution to cover unexpected expenses for those living paycheck to paycheck. Cash advance apps generally charge lower fees than traditional payday loans but should be used with caution, as there are still costs involved. Building an emergency savings fund is a more…
Thomas Barwick/Getty Images Key takeaways A purchase APR is the interest rate your issuer applies to your regular credit card purchases. Other APRs — such as an introductory APR or balance transfer APR — may take precedence over your purchase APR for a limited time. Knowing the purchase…
Key takeaways If you feel the need for additional financing for your side business, a business credit card could be a good option. As your business expands and you take on more travel opportunities, a business credit card could help you better meet your financing needs. You will need a…
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