MoMo Productions/Getty Images Key takeaways Secured and unsecured loans can be obtained from a bank, credit union or online lender. Secured loans require collateral but can get you access to a larger sum of funds. Unsecured loans do not require collateral. The amount and rates you’re eligible for are based…
Key takeaways Assets are quantifiable items — tangible or intangible — that add to your company’s value Liabilities are what your company owes to others, whether that’s an investor or a bank that issued a loan Equity is the dollar amount left when you subtract liabilities from assets, and it…
Browsing home listings, dreaming about life’s next chapter, finally reaching your homeownership goals—these are all the exciting things you look forward to when deciding to buy a house. And while all of that is definitely part of the fun and games, coming face to face with a real-life real estate…
Key takeaways The average boat costs $174,000 for a new model, although the price can vary significantly based on the model and year you choose. Annual maintenance for the boat costs 10 percent of the boat price on average, but you’ll also have to consider other costs like insurance, storage/mooring,…
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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…
Donald Trump’s return to the White House combined with Republican control of the Senate, and perhaps the House, will place…
Undergrads and recent grads—young, healthy, and debt burdened—are being offered five figures to donate their eggs to other women undergoing…
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Nopphon_1987/Shutterstock Key takeaways Key Takeaways A car lien is placed on your car when you borrow money to purchase a vehicle. The lien enables the lender to keep the title until you have paid your loan off. To sell your car, you would need to…
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Key takeaways Declaring bankruptcy doesn’t necessarily mean you’ll lose your car. If you’re declaring Chapter 7 bankruptcy, you could keep your vehicle if…
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The Consumer Financial Protection Bureau (CFPB), a federal agency championed by Massachusetts Senator Elizabeth Warren in 2011 to protect consumers against predatory financial…
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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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FrankMirbach/Getty Images; Illustration by Issiah Davis/Bankrate Drivers nationwide already pay more for car insurance every year, but drivers with speeding tickets typically pay much higher rates for the same coverage. Unfortunately, this means Florida drivers with speeding tickets might struggle to afford car insurance. To help you find cheaper coverage…
Personal property insurance is one of the pillars of a home or renters insurance policy — but is your personal property stored elsewhere covered? While home or renters insurance may extend to items in storage, there are exceptions. That said, it may be beneficial to purchase a separate storage unit…
An umbrella policy is a proactive move for anyone looking to protect their finances from the uncertainties of life. While your auto, home or renters insurance policy provides liability coverage, some situations can fall outside of basic policy coverage—and that can get costly very fast. Bankrate’s insurance editorial team dives…
Is speeding worth the gamble? Maybe not in Nevada, where drivers already pay the fifth-highest rate for full coverage car insurance in the country, and if you receive a speeding ticket, your rate will only go higher. Aside from paying more for auto insurance, drivers with speeding tickets are hit…
When you start a new job, you’ll be required to submit a W-4 form, also known as the Employee’s Withholding Certificate. The W-4 is a crucial tax document, because it tells your employer how much in federal taxes to withhold from your paycheck. That, in turn, determines whether you’ll get…
In North Dakota, a speeding ticket is more than just a fine; it can increase the cost of your full coverage car insurance by about 19 percent on average. While speeding tickets are one of the most common traffic violations, they cause several consequences for your immediate and long-term budget.…
Richard Drury/ Getty Images; Illustration by Austin Courregé/Bankrate There was a slightly mixed showing for home equity rates in the most recent week. The $30,000 HELOC (home equity line of credit) fell to 8.61 percent, a new 52-week low, after rising the previous week, according to Bankrate’s national survey of…
Thomas Barwick/Getty Images Comenity Bank is a lesser-known specialized bank that partners with merchants to offer store credit cards with rewards tailored toward frequent shoppers. While most of its card offerings only work with that particular merchant, it also provides a few niche cards on the Visa and Mastercard networks.…
In today’s digital age, your driving habits can have a positive effect on your wallet, thanks to innovative programs like USAA’s SafePilot. This telematics-based initiative rewards cautious and responsible drivers by using a smart app to monitor patterns like braking intensity and time behind the wheel. Participants can earn potential…
Key takeaways Section 7702 of the IRS tax code outlines the criteria that life insurance policies must meet to qualify for tax advantages. The term ‘7702 plan’ is a loose marketing term, not a specific type of life insurance policy. It typically refers to the tax treatment of cash value…
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