JohnnyGreig/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Conventional loans are mortgages that aren’t guaranteed or insured by the U.S. government. They’re the most popular kind of mortgage, available from virtually all types of lenders, including banks and online lenders. Conventional loans typically require a 620 minimum credit score and…
If you’ve been keeping up with the news lately, there’s been a lot of chatter about bear markets as worries about inflation and higher interest rates refuse to go away. And now that the economy is in the claws of a bear market, all that talk is here to stay. On June…
Inflation. Recession. High interest rates. High fuel cost. Labor market disruption, including The Great Resignation. Supply chain shortages. Bear Market. And the hits just keep coming. Are we heading for the end of the American economy? Is the housing market going to crash? Is this generation going to be priced…
We’ve all probably heard a grandparent or parent reminisce about “the good old days”: “I remember when gas was a quarter and hamburgers were 15 cents.” “I made 50 bucks a week at my first job.” Well, we’re a long way from yesteryear, and inflation is the reason prices and…
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TomoCredit, a five-year-old San Francisco startup that claims it boosts consumers’ credit scores, is facing a growing number of problems,…
This founder built his brand on a simple idea: Forget about changing the world. Get rich doing mundane and even…
The 2024 presidential election has ended, and Donald Trump is poised to retake the White House, with big implications for…
Voters in Washington State have decided to keep the state’s first-in-the-nation public long term care insurance program. On Tuesday, they…
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Ahh, sweet summertime. I don’t know about you, but summer at my house is filled with snow cones, pool parties, trips to the lake and cookouts. When Winston and I decided to host our first cookout, I was a tad nervous. First off, I’m no…
Dept Managmnt
Key takeaways A lien serves as an official notice that you owe a creditor for unpaid property. If you do not pay, the…
Banking
With interest rates easing and inflation cooling, small businesses are getting a much-needed break. A change to the Small Business Administration’s (SBA) refinancing…
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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A partridge in a pear tree can’t really cost that much—can it? Well, you might be surprised by how expensive it would be to buy that single bird or any of the gifts from the classic Christmas song “The 12 Days of Christmas.” And let’s face it: We’ve all wondered just…
People love the idea of sitting back, doing nothing, and making money. You know it’s true. That’s why get-rich-quick schemes like cryptocurrency and nothing-down real estate have gotten so popular these days. Well, here’s one more thing you can add to that list: sports betting apps. If betting on sports…
The average American adult hasn’t made a new friend in five years.1 Five years! So, if you’re wondering how to make friends, you’re not alone. Why is making friends so hard? Because friendships are formed through shared experiences, in doing hard things together, which is why a lot of our ride…
Keeping up with your car maintenance probably isn’t the most thrilling item on your to-do list. But paying a little bit of routine attention (and cash) on your vehicle is completely worth it—for your safety and your savings. We’ve got 13 car maintenance tips that can keep your car out…
Credit Sesame’s personal finance news roundup December 21, 2024. Stories, news, politics and events impacting personal finance during the past week. U.S. household wealth rises in Q3 2024 The total net worth of American households posted its fourth consecutive quarterly increase in the third quarter of 2024. Household wealth grew…
Okay guys, picture this: Your parents have worked hard their whole lives and have a nice little nest egg set aside to enjoy their retirement years. Then one day, someone calls or emails them from the IRS or somewhere else super official-sounding, and your parents share private financial info with…
Like it or not, winter is here (unless you live in Florida). And you know what that means—it’s time to brace yourself (and your budget) for a crazy high heating bill. Ugh. It’s no secret that paying to keep your whole house warm isn’t cheap, but that doesn’t mean there aren’t ways to save on…
Buying or selling a house is probably the biggest financial transaction you’ll ever make—after all, there are hundreds of thousands of dollars at stake. That’s a lot of money! Because buying or selling a house is so expensive and complicated (hello, paperwork!), having a good real estate agent in your corner…
Retirement is a time for you to enjoy what you love—whether that’s traveling, spending time with family, or serving your community. If you want to live your retirement dream, you need a plan. And knowing the best cities to retire can help you make your hard-earned dollars go farther when…
When it comes to car insurance, the age-old question is, How much car insurance do I need? Here’s a quick-and-dirty answer: You need $500,000 worth of liability insurance. That’s the type of auto coverage you’re legally required to have to drive anywhere. And that’s the bare minimum amount of coverage…
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