Key takeaways You can find equipment loans from traditional banks, online lenders and even equipment manufacturers in some cases SBA 504 loans are an option if you’re looking to apply for an SBA loan for an equipment purchase If you can’t get approved for an equipment loan or need an…
Stock charts and their accompanying data can appear complex and may be difficult to understand for new investors. The good news is that with a little help, these charts — and the information they contain — can be useful during your research process to more easily identify attractive investment opportunities.…
Homeowners insurance is a no-brainer for people who purchase a property. In fact, if you finance a home, your lender will likely make it a condition of loan approval. But what about renters? You may or may not be required by a landlord to have similar coverage. Even if your…
Key takeaways You don’t need to put 20 percent down to get a mortgage, and some mortgages don’t even require a down payment. You can get a conventional mortgage with 3 percent down, but with anything less than 20 percent, you’ll have to pay mortgage insurance. Making a larger down…
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Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
The Covid pandemic crushed immigration and demand for Nova Credit’s tech. Then its founder discovered a second line of business.…
As the Biden administration exits Washington, President-elect Donald Trump inherits a federal student loan system that looks much different than…
When most people think of identity theft, they envision criminals and other miscreants using their private data to open new…
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Key takeaways Credit card points are a type of rewards currency that can be earned in exchange for eligible credit card spending. To earn boosted points on your credit card, you’ll need to maximize bonus category spending, earn any available welcome bonus and take advantage…
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Key takeaways Governments often borrow money to cover deficits when taxes and other revenues don’t cover expenses. The national debt is the total…
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From Mount Olive, North Carolina to Anchorage, Alaska, each of the top 10 banks on Forbes’ ranking of 100 publicly traded banks are…
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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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Key takeaways Personify stands out for dedicated customer service, but its steep maximum interest rates make it a risk for most. Upstart uses AI technology to determine eligibility and is best for advanced underwriting criteria. Due to Personify’s higher rates and lower loan amounts, Upstart is the better choice for…
Balance transfer credit cards can be a valuable tool if you’re stuck paying off credit card debt with a high APR. After all, the right balance transfer card can help you consolidate and pay down debt with zero interest for a limited time, which could help you pay off debt…
Key takeaways Credit unions may offer lower mortgage rates and fees, but often lack the in-person branches and digital services that banks do. Bigger banks might offer a wider variety of loan products and don’t mandate that you become a member. It may be easier to get a mortgage with…
Jaskaran Kooner/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways FHA loan closing costs are typically 2 percent to 6 percent of a home’s purchase price. They’re charged in addition to the down payment requirement. FHA closing costs include an upfront mortgage insurance premium (MIP), lender and third-party fees and prepaid expenses.…
Key takeaways The statement balance is the amount owed at the end of your billing cycle, while the current balance is the amount you owe at a particular moment. Your statement balance can differ from your current balance due to recent transactions or refunds. You can avoid interest charges by…
Millennials, born between 1981 and 1996, may not be as far from retirement as they think. The eldest are already over 40, and with full retirement age at 67, they might need to buckle down in order to reach their goals. Many may still be playing catch-up with retirement savings,…
It’s no secret that the housing market has been rough recently — for both prospective buyers and industry professionals. Thanks to rising interest rates and low housing supply, existing home sales have struggled to regain pandemic-era highs, and tightening credit standards leave mortgage applicants with a one-in-five chance of being…
OsakaWayne Studios/Getty Images If you’re interested in investing in physical gold and other precious metals in your retirement account, you’ll need to open a special kind of account called a gold IRA. There are many different gold IRA custodians to choose from and it can be difficult to figure out…
Some borrowers might choose to refinance to switch from an adjustable-rate to a fixed-rate mortgage or to tap into their home equity. But the decision to refinance is made more complex if you have less than stellar credit. However, there are ways to refinance with a low credit score and…
Debt can be overwhelming and, for many, a source of constant stress and anxiety. It’s a financial challenge that can seem impossible to conquer. However, there is hope and a path to financial freedom through debt counseling. By partnering with a professional debt counseling service, you can gain the tools…
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