Personal Finance Guide to Turn the Tables on Money
Mortgage Delinquency Rates Record Low – Is This the Calm Before the Debt Storm?The U.S. housing market partied hard in 2021 and early 2022, as record-low mortgage rates and pandemic-induced demand set off vicious bidding wars and sent home prices soaring. The fun didn’t last. The Federal Reserve began raising interest rates in March 2022, turning off the easy-money spigot that fueled the boom. By the fall, homebuyer
CD Rates 2023 – Where Are They & Will They Go Up?If you’re under 30 years old, this is the best time in your adult life to buy a certificate of deposit (CD). That’s not hyperbole. It’s a data-driven fact. After years of languishing near zero, CD rates spiked in 2022 and are now higher than they’ve been since at least 2008, right before the economy
Credit Card Competition Act — What It Is & How It Affects ConsumersThere’s already a lot of misinformation out there about the Credit Card Competition Act. Before you decide whether you’re in the pro or con camp, it’s important to understand what the law is, how it will work, and who it helps and, yes, harms.
Truist Future Credit Card Review — 0% APR Introductory PromotionThe Truist Future Credit Card has a long 0% APR promotion for new cardholders. The promotion covers eligible purchases and balance transfers. Though it has no regular rewards program, Truist Future also has benefits like no annual fee and a low ongoing APR.
What the U.S. Debt Ceiling Limit Means for Your FinancesThe U.S. government is in danger of intentionally defaulting on its debt obligations for the first time in its history. The Biden Administration and the House of Representatives, which is controlled by Republicans and led by Speaker Kevin McCarthy, must agree to raise the country’s legal borrowing limit — known as the debt limit or
How to Fill Out a Money Order — 6 Step Guide With Example??Money orders aren’t a common form of payment anymore. If you need to fill one out, you might have no idea how to do so. Don’t worry; we’ve got you covered.
Credit Bureaus — What They Are & the Top 3 Reporting AgenciesYou can’t read an article about your credit score without someone telling you to contact the credit bureaus to notify them of errors. But what are credit bureaus, how do they get their information, and what does it mean for you?
Fifth Third 1.67% Cash/Back Card Review – What’s the Deal Here?The Fifth Third 1.67% Cash/Back Card is a flat-rate cash-back credit card. It's designed for existing Fifth Third Bank customers or people who want to pursue a relationship with the bank. See if it's right for you.
Credit Card Delinquencies at 10-Year Low, Expected to Surge in 2023The average American has more than $6,000 in credit card debt. That figure is climbing quickly as total U.S. credit card debt surpasses $930 billion, closing in on the all-time high set in 2019. The vast majority of people who carry credit card balances are current on their bills. Sure, they’re paying too much to
Number of Banks in the U.K. – How Many Are There?I don’t share many Americans’ weird fascination with the United Kingdom, but I get it. Its royal family is hilariously out of touch with reality, its political system makes ours look functional by comparison, and the slow decline of its popular culture in the age of streaming TV is at once sad and satisfying to
U.S. Bank Shopper Cash Rewards™ Visa Signature® Card ReviewThe U.S. Bank Shopper Cash Rewards Visa Signature Card is a premium cash-back card that earns up to 6% back on everyday spending. The details are a bit confusing, but if you’re willing to do the work, this is one rewarding credit card.
Savings Account — What It Is & The Best Type For YouA savings account is a deposit account that earns interest. Learn the different types of savings accounts, how they work, and how to open one here.
How to Rebuild Your Credit Score — 12 Steps to FollowRebuilding your credit can take several years, but you can see progress almost immediately once you begin. If your credit score is less than perfect, learn how to fix it to start improving your finances.
20 Largest Banks in the World by Total AssetsThe world's 20 biggest banks all have at least $1.5 trillion in consolidated assets. A plurality are Chinese state-controlled enterprises, but four U.S.-based banks, four Japanese banks, and several European banks round out the list.
How Does Capital One Make Money? — It’s More Than Just Credit CardsCapital One Bank made more than $12 billion in 2021. Most of that (78%) came from interest income, with the lion's share coming from credit card interest. Capital One made some money on account fees too. Its biggest expense was employee compensation.
Want to Reduce Mortgage Payment? — How Downsizing Can Save You MoneyDownsizing your home can significantly reduce your monthly payment and save you tens or hundreds of thousands over the years. But it's not a sure thing. Find out if it makes financial sense for you.
Coinmama Review – Buy and Sell Cryptocurrency OnlineCoinmama is a friendlier place to buy and sell crypto. It’s not perfect by any means, but it’s also not as overwhelming or intimidating as most competitors. Find out what to expect from it and decide whether to make it your digital home base for Bitcoin and more.
Wells Fargo Reflect Credit Card Review – 0% APR Up to 21 MonthsStruggling with credit card debt? Need to finance a big purchase? Hate paying interest!? Join the club — the Wells Fargo Reflect Visa Card club. Reflect is one of the best 0% APR promotion cards on the market. Decide whether it’s right for you.
Chase Ink Business Premier Card Review — Is It for You?The Chase Ink Business Premier Card is Chase’s fanciest business card yet. Is it too much for your needs, just right, or not enough? Learn about Ink Business Premier’s rewards, perks, and fees to decide for yourself.
Discover it 5% Cash Back Categories This Quarter (Calendar)The Discover it Cash Back card is a popular no-annual-fee cash-back credit card with a rewards program featuring a selection of rotating 5% cash-back categories. Boost the card’s generous benefits with these tips for making the most of this quarter’s bonus categories.