According to a recent report by SafeHome.org, about 55% of renters have insurance. However, a survey from the report finds that 16% of renters who don’t have a policy say they are likely to buy one in the coming 12 months. If you’re buying renter’s insurance for the first time, you may be relieved to… Read More »
Checking accounts lie at the center of our financial lives, acting as the primary account where paychecks and other funds come in and where bills and other expenses exit. Like a security checkpoint at an airport, everything passes through no matter where it’s going to or coming from. Because checking accounts are so important, it’s… Read More »
If you’re like many homeowners, a sizable percentage of your budget goes toward your home loan each month. A mortgage refinance could help make those payments more manageable by lowering your interest rate, changing your loan term, or eliminating mortgage insurance. You could also tap your home equity with a cash-out refinance, which lets you… Read More »
Savers who want to earn the most interest on their money should look at the best high-yield savings accounts. With interest rates on the rise, savers are earning higher rates in HYSA than they have in more than a decade. These accounts offer the functionality of traditional savings accounts but receive a much higher interest… Read More »
Certain alternative investments—such as hedge funds, private equity, and venture capital—aren’t available to anyone with an investment account. This is because they’re generally not registered with the U.S. Securities and Exchange Commission (SEC). If you’d like to invest in these things, you’ll likely need accredited investor status first. However, you can’t just sign up to… Read More »
A home mortgage is one of the biggest loans that most people will ever take out, allowing them to buy a home with a repayment term that can last multiple decades. Because a mortgage (and its terms) will likely follow you for many years to come, it’s important to choose the right lender from the… Read More »
Installment loans are funds that you borrow and repay in equal parts over a set period of time. If your credit is less than perfect, an installment loan may be more affordable and pose less risk than other loans, such as payday loans. How installment loans work An installment loan is a fixed sum of… Read More »
Buying a home is a long-term commitment. Since you’ll be working with your mortgage lender for years to come, putting in the work to find the best mortgage lender at the beginning of your search can pay off. Though most of the mortgage process is the same with any lender, shopping around can help you… Read More »
Sometimes, payday just doesn’t come soon enough—and while you may not want to take out a whole loan, you could use a little extra money to float you through the interim. Cash advance apps make it possible to access relatively small portions of your own pay ahead of time: Users borrow money, usually on the… Read More »
Personal loans could be a wise option if you need to borrow to pay for a large expense or to cover a financial emergency. A personal loan lets you access a lump sum of cash that you can use to cover anything from medical bills to debt consolidation to home repairs. However, not all personal… Read More »