Images by Getty Images; Illustration by Issiah Davis/Bankrate Key takeaways Semi-truck loan timelines range from 24 hours to up to 90 days, depending on the lender and loan type Banks and credit unions tend to take longer to fund semi-truck loans than online or direct lenders Check eligibility requirements and…
Buying a home is an expensive process, and one of the most significant expenses you’ll pay is often your real estate agent‘s commission. When you consider the fact that each agent involved in a transaction typically earns 2.5 to 3 percent of the home’s sale price, the total cost of…
Key takeaways Applying for preapproval can help you know how much you can afford and negotiate at the dealership. The higher your credit score is, the lower your interest rates may be. Lenders offer competitive terms to borrowers with good to excellent credit. Have a budget in mind and know…
Andrei Medvedev/Shutterstock Key takeaways A pocket listing is a home for sale that isn’t publicly listed on the multiple listing service (MLS). Sellers can work with agents to let them know they prefer to keep their home quiet and only make it available to serious buyers. Some agents love pocket…
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While there has been much conversation on not buying from companies with poor diversity, little has been said about investing…
Lifestyle inflation occurs when your expenses increase as you earn more income. It can start subtly—dining at pricier restaurants, upgrading…
Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…
Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
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Key takeaways Cashback Monitor offers a snapshot of earning rates across dozens of shopping portals, so you can easily see which site offers the most cash back, points or miles. You can customize the Cashback Monitor site to show your preferred shopping portals and other…
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Level 2: Discover the Fastest Way to Pay Off Debt With Rules and Challenges When looking for the fastest way to pay off…
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Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making…
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Open banking makes sharing your financial data with another company’s app easier than ever. Just as you might use a universal remote to control multiple devices, open banking lets you seamlessly connect and manage your entire financial life across different institutions and services. This emerging financial ecosystem is transforming how…
Be a first-time homebuyer Have held a CHA voucher or lived in public housing for at least one year Be in good standing with your existing lease A household income of at least 50 percent — but no more than 80 percent — of the area median income (AMI) Seniors…
The vehicle’s price must be below $25,000. Your gross annual income has to be under $150,000 for joint filers, $112,500 for head-of-household filers and $75,000 for single filers. The gross vehicle weight rating must be under 14,000 pounds. The model year has to be at least two years prior to…
Getty Images/Greg Hinsdale You hear a lot about tapping home equity – borrowing against the worth of your home – for cash these days. Unfortunately, getting approved for a home equity loan or home equity line of credit (HELOC) isn’t always easy. Although they are akin to mortgages, the rejection…
David Papazian/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways A mortgage is a loan that helps you purchase a home, with the home itself serving as collateral. Mortgage payments typically consist of principal (the amount borrowed), interest, property taxes and homeowners insurance. They can also include mortgage insurance. To…
Credit Sesame looks at how credit card convenience can quietly lead to dependency and long-term debt disaster. Swiping a card to cover everyday expenses can feel harmless—even helpful. But when credit card convenience quietly becomes a financial habit, it can lead to mounting balances, rising interest costs, and long-term consequences.…
Eugenio Marongiu/Getty Images Key takeaways Whether or not you should open a bank account abroad will depend on the length of your stay and if you’re planning to travel while overseas. Opening a bank account abroad requires finding a foreign-friendly banking institution and gathering necessary documents like your proof of…
For Disney shareholders, the last five years have been anything but magical. Since March 19, 2020, shares of the entertainment giant increased a mere 5.7 percent through March 19 this year, even as the S&P 500 index gained over 135 percent during the same period. For context, here are the…
MStudioImages/Getty Images If you’re one of the 80 million Chase Bank customers, chances are you already know of many benefits to banking with the largest banks in the U.S.: cardless ATM access, a robust mobile app and overdraft assistance, to name a few. And while there are some drawbacks —…
Jacob Wackerhausen/Getty Images “How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a monthly payment that works for you might be easy — simply subtract your monthly expenses from your gross monthly income. Unfortunately, that number might not…
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