Life insurance has many purposes: It can bring peace of mind, support loved ones financially and play an important role in an estate plan. But it can be confusing to know which type of policy is right for you. For some older individuals, guaranteed life can be a good choice.…
Get this: 55 million households are swimming in the deep end of credit card debt.1,2 Many of those are probably looking at credit consolidation as a way out. But the problem is . . . the way out really isn’t the way out. It only leads you further into the…
Richard Drury/ Getty Images; Illustration by Austin Courregé/Bankrate As the New Year looms, there’s a new low in home equity lending. The $30,000 HELOC (home equity line of credit) plunged nine basis points to 8.43 percent—rates we haven’t seen in about a year and a half, according to Bankrate’s national…
Have you seen all the headlines about colleges giving out cash to students and wondered what the heck is going on? It might sound like a scam at first, but it’s not. If you’re in college right now, listen up—cash could be coming your way thanks to a little something…
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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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Key takeaways A life insurance rider is a policy endorsement or add-on that exists to help individuals tailor their life insurance policy to their unique needs. Policyholders are able to add as many life insurance riders as they need to their policy as long as…
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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Whether you’re switching banks or starting fresh, opening a bank account is a big step. So it’s important to get everything in order before you try setting up the account. But how do you prepare? What do you need to open a bank account? And in this digital age, do…
Update as of June 2023: Federal student loan payments will resume October 2023—with interest starting back September 1, 2023. Let’s be real: It’s been a rough few years. Maybe you were hit hard financially, and it’s been a struggle to keep food on the table, let alone worry about your student…
You walk onto the lot looking for a sensible car for your commute—a used one if you can get it. But on the way to look at the economy hatchback that gets 40 miles per gallon, the dealer notices your eye wander toward that big, beautiful luxury sedan—the German one.…
You’ve probably experienced the pain of a bank fee at some point—the unexpected charge to your account, the balance that’s lower than it should be, the confusion about why you were charged, the sick feeling of losing money when you were already running short. If those fees feel unfair, it’s…
Hey, we know student loans are heavy. They can squeeze the life out of your income and feel like a weight you just can’t bear. If you’re looking for student loan help, the options can seem endless. From forgiveness to forbearance to consolidation . . . but how do you…
You signed up for a timeshare. The pitch made it seem like the deal of a lifetime. But now you’re feeling trapped. You’re realizing that lump payment plus the growing annual maintenance fees plus the cost of traveling to your little slice of paradise isn’t really very paradise-like after all.…
If you’re covered in student loan debt, then you know how hard it is. It’s like a dark rain cloud following you around, casting a shadow on all the good things in your life. When that rain cloud sticks around long enough, it’s easy to feel hopeless, even desperate. And…
In a world of debit cards and auto-drafts, writing a check might feel super outdated. But guess what? Some businesses are old school cool and require a check if you want to buy something. (They might even charge a fee if you pay with anything other than cash or check.)…
I travel a lot. Sometimes for work, and sometimes to sweep my wife off her feet with a not-so-surprise vacation. (Hey, it’s hard to hide a weekend getaway when you do a monthly budget together.) And as much as I love meeting new people and seeing new sights, travel can…
Key takeaways College aid may be given through need-based or merit-based aid. Need-based aid includes Pell Grants, work-study programs and Direct Subsidized Loans. Your FAFSA will determine your EFC, or expected family contribution. The FAFSA must be completed by June 30, 2026 for the 2025-26 academic year. Need-based financial aid…
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