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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There’s a relatively new kid on the block in the investing world that’s gotten popular over the last few years, and it’s called an exchange-traded fund (ETF). Since you should never invest in anything you don’t understand, let’s walk through a breakdown of ETFs vs. mutual funds, so you can make the…
Cue the silver bells, because shopping for gifts (and coming up with gift ideas) just got a lot easier! Instead of sitting in holiday traffic and burning the gas you paid an arm and a leg for, check out these gift ideas that can make a big impact on everyone…
Key takeaways The Delta SkyMiles® Gold American Express Card currently offers a welcome bonus of 50,000 miles after you spend $2,000 on eligible purchases in the first six months and a $0 introductory annual fee for the first year ($150 after that). The best way to use the Delta SkyMiles…
Did you know Americans spent $886.7 billion on Christmas last year?1 That’s a lot of photo cards, personalized stockings, candy canes, Christmas music, Santa hats and sparkly ornaments. But unless you plan on skipping Christmas this year, you’ll find yourself a part of that $886.7 billion machine too. Good news: You…
Images by GettyImages; Illustration by Jessa Lizama/Bankrate Key takeaways Federal student loans are, for many students, the best option for covering postsecondary education and related expenses. With fixed interest rates, clear grace periods and forbearance options, federal loans offer predictable repayment schedules. Some borrowers may even qualify for loan forgiveness…
Chances are, you’ve thought these five words before: But when things slow down . . . Maybe you’ve even added some more words at the end: But when things slow down . . . I’ll start that ministry . . . take that vacation . . . finish writing that…
ferrantraite/Getty Images Key takeaways Student loans can help boost your credit score over time if you make the monthly payments on time and in full. Having student loans also diversifies your credit mix, which can help improve your credit score. If you miss payments on your student loans, it may…
Talk of a recession has been in the news lately—there’s no way to miss it. Headlines about falling stock prices and inflation put us all on edge. We get it. But before you climb into your bunker, let’s talk about exactly what a recession is and why it may not…
Update as of June 2023: Federal student loan payments will resume October 2023—with interest starting back September 1, 2023. Unless you’ve got a crystal ball, you probably never would have guessed how crazy things would get over the past few years. It’s been a whirlwind of change for sure! And…
The best hotel credit cards offer perks for frequent travelers, such as automatic elite status, points for hotel stays and other spending and the potential to earn free hotel nights and elite status. Some hotel credit cards offer a free night as either an annual membership benefit or through spending…
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