Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. Key takeaways Bad credit business loans are…
Have you been thinking about buying a home? People make this life-changing decision for many different reasons. Whether you’re looking for a new home that’s big enough to raise a family or planning to downsize, these tips will help make the entire process easier. Here are six things you should…
Key takeaways Dealership car loans offer convenience, but you will likely find better deals on interest rates by getting a loan from a bank, credit union or online lender. To secure the best auto loan rate, whether at the dealership or elsewhere, it is essential to arrange financing ahead of…
Thomas Barwick/Getty Images Key takeaways An open-end fund adds and removes shares as they are bought and sold. A closed-end fund is static with a fixed number of shares. Mutual funds can be open- or closed-end, though open-end is most common. Open-end and closed-end funds have a lot in common.…
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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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The traditional certificate of deposit (CD) is far from being the only CD product available to savers. Financial institutions offer a variety of CDs, giving savers more flexibility to manage their money when economic winds change. Rates on many CDs rose in 2022 and 2023,…
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Key takeaways Social Security benefits are generally protected from creditors, but exceptions exist for federal debts, child support and legal judgments. The IRS…
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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…
Credit Cards
Key takeaways Adding authorized users to your business credit card account can make it easier for you to complete purchases and earn rewards…
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Selling a house can be expensive, complex and time-consuming, so it’s usually a relief to everyone involved when a deal is struck and a contract is signed. But what if the seller signs the purchase and sale agreement, then decides they want to cancel the deal? Is it legal? Are…
Breaking up is hard to do, even when it comes to firing your financial advisor. Whether it’s a mismatch of investment strategies, a lack of communication or even ethical concerns, the decision to part ways with your financial advisor can be stressful. In this guide, we’ll walk you through the…
andresr/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Mortgage prequalification is a quick estimate of how much money a lender might lend you for a home purchase. Prequalification doesn’t require paperwork or a hard credit check, so it won’t negatively impact your credit score. Unlike preapproval, prequalification holds little weight when…
Key takeaways International money transfer apps provide a convenient alternative to traditional banking, allowing users to send money across borders directly from their mobile devices. Consider the countries and currencies an app supports, the transfer limits and fees, the speed of the transaction and security features. Many apps support transfers…
Key takeaways The uncertainty surrounding several popular student income-driven repayment (IDR) plans under the new administration could disproportionately hurt women with student loan debt, according to experts. Women increasingly outnumber men on college campuses; they leave with higher student loan balances on average, and when they graduate, they tend to…
Images by Getty Images; Illustration by Issiah Davis/Bankrate These days, the perks of a shiny new bank account often include high yields and no fees, and many can be opened in mere minutes. Nevertheless, Americans with a checking account have held onto that account for an average of 19 years,…
Key takeaways CardMatch is a safe, secure Bankrate tool that helps users get preapproved for a range of credit card offers all in one place. In addition to showing consumers which credit cards they may be eligible for, CardMatch also highlights special welcome offers targeted to individuals based on their…
Key takeaways Balance transfer checks are a way to transfer credit card balances from one issuer to another with a lower interest rate. These checks may come with fees and may not offer the same benefits as balance transfer credit cards, so read the fine print to understand all the…
Key takeaways Not paying your secured credit card bill won’t land you in jail, but it definitely damages your credit score and may forfeit your security deposit. If you’re struggling to pay your secured credit card bill on time, it’s best to act quickly. Start by calling your card issuer…
Image by GettyImages; Illustration by Bankrate You’ll owe federal taxes, and probably state taxes, too, on most of your income. But there are some sources that Uncle Sam won’t touch. Keep in mind, too, that there are nine states that don’t tax your income. Here are eight types of income…
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