Key Takeaways A no-doc mortgage offers a way to get a home loan without some of the income and employment verification paperwork lenders traditionally require, like W-2s and pay stubs. Post-Great Recession, no-doc mortgage loans are much harder to come by. No-doc loans often require higher credit scores and larger…
The Capital One Savor Cash Rewards Credit Card is a great rewards card to have in your wallet if you’re all about food, travel and entertainment. But is it the best fit for you overall, or could one of the other top cash back credit cards suit your needs better?…
Key takeaways Online banks usually carry the same FDIC insurance as traditional banks. Because they don’t carry the operating expenses of traditional banks, online banks can offer more competitive APYs and better rewards. Look for online banks with features that protect your data, such as multi-factor authentication, encryption, fraud monitoring…
Key takeaways Construction loans are short-term loans that you can use to build a home. Some construction loans can be converted to mortgages after your home is finished. Construction loans typically have tougher criteria and higher interest rates than conventional mortgages for existing homes. If you can’t find the right…
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Washington is abuzz over whether Congress will address President-elect Donald Trump’s ambitious policy agenda in one bill or two. But…
TomoCredit, a five-year-old San Francisco startup that claims it boosts consumers’ credit scores, is facing a growing number of problems,…
Millions of student loan borrowers face an uncertain future as a second Trump administration prepares to return to Washington. But…
The 2024 presidential election has ended, and Donald Trump is poised to retake the White House, with big implications for…
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Armed with $50 billion in dry powder, Swedish private equity firm EQT believes it can become the number one buyout firm in Asia and Europe, despite its lack of interest in the booming private credit business. By Hank Tucker, Forbes Staff Conni Jonsson grew up…
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Key takeaways Credit repair is a term used to describe the process of restoring your credit rating. You can hire a credit repair…
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Thanks to more than a decade of Dodd-Frank and Basel III regulations, the Trump administration inherits a well-capitalized and liquid banking system. Squandering…
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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The Good Brigade/Getty Images Historic homes often have different coverage needs than newer builds. Homes with older plumbing and electric systems and homes of historical interest, like those on the National Register of Historic Places, are probably insured with an HO-8 policy instead of a more standard HO-3. Older homes…
ClimbWhenReady/Shutterstock Key takeaways Currently, HSBC is not offering a promotional introductory balance transfer on any cards for new U.S. customers. Balance transfers to an HSBC card are generally subject to the card’s standard variable APR and a balance transfer fee of $10 or 5 percent of the transfer amount, whichever…
Key takeaways The Hawaiian Airlines rewards program offers opportunities to earn miles for various activities such as shopping, staying at hotels and dining at participating restaurants. The easiest way to join the Hawaiian Airlines dining rewards program is to sign up either for its co-branded credit card or debit card.…
With 2024 winding down, that means it’s time to think about resolutions for the coming year. As the year has seen an easing of inflation, the aftermath of increased costs has left a lasting impact on our savings and financial wellbeing. Almost half of Americans (47 percent) said in a…
Key takeaways Stocks and options are two very different ways that you can invest. With stocks, you take an ownership stake in the company. An option is a side bet among traders over what the price of a stock will be at a certain time. There are pros and cons…
For many people, retirement is a major goal and represents a life milestone. Unfortunately, 35 percent of American workers feel significantly behind when it comes to their retirement savings, according to Bankrate’s 2024 Retirement Savings Survey. The good news is it’s never too late to open a retirement account —…
Credit Sesame discusses expectations for interest rate cuts in 2025 and the effect on the stock market. The Federal Reserve delivered one of the most unpopular rate cuts in recent history at the December 18 meeting, the last in 2024. The Federal Open Market Committee (FOMC) announced a 0.25% rate…
Key takeaways States do not legally require homeowners to have home insurance, but it is usually required by your lender if you currently have a mortgage on your home. Home insurance provides financial protection from unexpected losses due to physical perils like fire and wind damage, as well as potential…
Consumers looking for a new checking account may find that online banks offer features that may not be available at the bank down the street. While brick-and-mortar banks may offer these checking account features, too, they may come at a cost: maintaining a high minimum balance. An online checking account,…
Key takeaways Top yields across all deposit account types are still outpacing inflation, which is currently at 2.7 percent. At least one money market yield exceeds 5 percent APY. It’s important to check that your savings yield is still competitive, as some banks and credit unions have lowered yields during…
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