Jose Luis Pelaez Inc/Getty Images Key takeaways Short-term loans provide financing with a brief repayment period and often require collateral to obtain. These loans are generally capped at $2,000 and are often used by borrowers who are strapped for cash or who have a low credit score. Loan funds are…
Holiday spending came in at the high end of projected ranges for 2025 despite numerous economic challenges. According to Mastercard, U.S. retail sales (excluding automotive) increased 3.9% year-over-year from Nov. 1 through Dec. 21, 2025. CNBC and the National Retail Federation published a similar increase, reporting holiday sales grew 4.1%…
ljubaphoto/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways The interest rate on a mortgage indicates how much interest you’ll pay for the amount you borrow. The annual percentage rate (APR) is the interest rate plus additional fees and any points. When comparing loan offers, it’s best to compare APRs to…
Christina Zelow Lundquist/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways A cash-out refinance replaces your current mortgage with a new, bigger one. The borrower receives the difference between the two balances in cash. The terms of your refinanced mortgage might differ from your original loan, including a new interest…
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The nation’s 75 million Social Security recipients will receive a 2.8% cost of living adjustment (COLA) increase in their benefits…
Historically Black colleges and universities are on the frontlines of the One Big Beautiful Bill Act’s new limits on parent…
The big new fees JPMorgan Chase is planning to charge some financial technology companies may well trickle down to consumers,…
With artificial intelligence beginning to eat away at many white-collar entry-level jobs, and the unemployment rate for recent college graduates…
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VIEW press/Contributor/Getty Images Wells Fargo is a financial institution that offers its customers personal, small business, commercial, corporate and investment banking solutions. There are currently around 5,600 branches and 11,000 ATMs nationwide. Wells Fargo Bank near me You can find a Wells Fargo retail banking…
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2. Coaching and Tutoring Take stock of your areas of expertise – maybe you speak a second language or solving math equations comes…
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These entrepreneurs, traders and investors are making an outsized impact in fintech, crypto and traditional financial services.By Jeff Kauflin, Hank Tucker and Nina…
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Key takeaways Damage from mine subsidence isn’t normally covered through standard homeowners insurance. There are two main types of mine subsidence — pit and sag — that are classified based on the shape and depth of the depression in the ground. Mine subsidence coverage may be a beneficial addition to…
traveler1116/Getty Images Key takeaways Many market watchers expect the Federal Reserve to lower its benchmark rate when policymakers meet in mid-September. Such a move could spur lower rates on high-yield savings accounts. For now, competitive savings accounts continue to earn rates above 4 percent APY, after the top APY peaked…
Each year, millions of taxpayers file an extension so they can get extra time to file. Now the Oct. 15 deadline is fast approaching. Tax extensions are filed for a variety of reasons, and a common one is delayed paperwork. “We use them often when a taxpayer does not have…
Usually you should plan to keep your tax returns for a minimum of three years from the date you filed your original return. But there are situations where you should keep your tax returns even longer. How long you should keep these documents varies based on a few factors. Keep…
Prostock-Studio/Getty Images Key takeaways Making student loan payments biweekly instead of monthly results in one extra full payment per year, shortening your payoff time. Biweekly student loan payments reduce the total amount of interest you will pay back. Make sure your budget aligns with making half payments biweekly instead of…
Halfpoint Images/Moment/Getty Images Key takeaways Both the Capital One Savor Student Cash Rewards Credit Card and the Bank of America® Customized Cash Rewards credit card for Students for Students are good cards for college students who want to earn cash back on their spending. The Savor Student Cash card earns…
When was the last time you looked closely at your insurance policies? If your answer is “I don’t remember,” you’re not alone. Trust me, I get it — they’re boring and filled with confusing jargon. But your insurance may be costing you more than you realize. I don’t know about…
Key takeaways Personal loans can be an excellent tool to consolidate debt and simplify your bill-paying schedule to avoid credit-damaging missed payments. The installment nature of personal loans can be aligned with other financially freeing goals since the payments don’t change. Because most personal loans are unsecured, you avoid borrowing…
Key takeaways You may be eligible for a bad credit personal loan with a score below 580. Personal loan lenders specializing in bad credit loans will likely scrutinize your income and employment history more closely. A bad credit loan can be useful tool to put you on a path to…
Planning for retirement can feel overwhelming, but fortunately, there are several savings tools available to help take the sting out of the process. By utilizing these tools, you can create a financial strategy that helps you save for retirement. Two common options are deferred compensation plans and 401(k)s. While both…
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