Day: October 27, 2020

What Is APR?

October 27, 2020

Lenders calculate the annual percentage rate (APR) to determine how much it will cost you when they lend you money for a credit card or other type of loan. It accounts for yearly interest and additional fees reported as a portion of your principal loan total. When you want to shop for deals from various […]

Read More

How To Open A Certificate Of Deposit Account

October 27, 2020

A certificate of deposit (CD) is an excellent way to make the most of your money without taking the same risks as you would when purchasing stocks and bonds. If you get a fixed term on your CD rate, you can give your savings a boost and help you better plan for retirement or other […]

Read More

How Many Weeks Can I Receive Extended Unemployment Benefits?

October 27, 2020

Since the coronavirus pandemic rocked the US in early spring, the economy has struggled to recover millions of lost jobs while out-of-work Americans have struggled to pay bills. For these individuals, unemployment insurance is vital to staying afloat while looking for employment.  The CARES Act offered a lifeline to unemployed workers through enhanced unemployment payments […]

Read More

Best Rewards Credit Cards For 2020

October 27, 2020

Credit card bonuses are a great way to save on everyday purchases like groceries or big-ticket purchases like airline tickets. Depending on the card and how you use it, you can see rewards as high as $1,000 or greater.  If your credit score is in good standing and you want a better way to make […]

Read More

Best Bank Bonuses For November 2020

October 27, 2020

Like any industry, banks compete against each other to encourage new customers to open an account with them. Bonuses are one way that they incentivize people who may be unsure about where they want to bank. Bonuses for opening a new checking account are more prevalent compared to savings account bonuses. However, the most appealing […]

Read More

8 Common Mistakes FAFSA Applicants Make

October 27, 2020

Every year, the federal government allocates $120 billion to support families with higher education tuition costs. In order to receive this funding, you must submit the Free Application for Federal Student Aid, or FAFSA. The FAFSA is a complicated form, and it can be easy to make a mistake that could ruin your chances of […]

Read More

Best Guide to Control Your Holiday Spending

October 27, 2020

The holidays are just around the corner. Is your wallet already smelling carnage? According to the National Retail Federation, the average American spends over $1,000 during the holiday season. If you do not have this saved in cash, it is time to think about budgeting so you do not go into debt. Below are some […]

Read More

What You Should Know About Using A Credit Card

October 27, 2020

A credit card is a safe and convenient way to pay for everyday purchases and bills when used responsibly. They can also make it easier to afford big-ticket items. However, it can backfire if you only pay the minimum monthly payment or rack up a mountain of debt. Learn more about credit cards and if […]

Read More

What To Do When Lenders Reject Your Loan Application

October 27, 2020

If you have bad credit — or even if it just needs a little bit of work — you might feel like lenders will never accept your application for a credit card. If you’ve received a rejection letter for either a credit card or a loan, several ways can help you learn why. Understanding why […]

Read More

What Are Credit Unions?

October 27, 2020

Credit unions are a type of financial institution that operates similarly to banks. However, while banks are privately-owned, credit unions are owned by its members, which is known as a cooperative. Because cooperatives operate for the benefit of its members, credit unions typically have much lower interest rates than banks. In addition, credit unions also […]

Read More