Francesco Carta fotografo/Getty Images Bitcoin Cash is considered a faster and cheaper alternative to Bitcoin and was created in 2017 after Bitcoin experienced a hard fork in its blockchain. Here’s how Bitcoin Cash came to be and what you need to know about its purpose within the crypto universe. What…
Key takeaways Governments often borrow money to cover deficits when taxes and other revenues don’t cover expenses. The national debt is the total amount of money a country’s government owes to its creditors. A higher national debt can affect personal debt through increased interest rates, reduced benefit programs and potential…
Carlina Teteris/Getty Images When looking for a financial advisor, you’ll encounter various compensation arrangements, including fee-only advisors and fee-based advisors. Fee-only advisors and fee-based advisors sound very similar, but they have some major differences, and it could have a big impact on the kind of advice you receive as a…
You might consider an SBA microloan if you’re trying to start or expand a small business. But how exactly does getting a microloan through the SBA work? What do you need to meet the requirements? What do terms look like? How do you get started with an application? We’ll answer …
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The Covid pandemic crushed immigration and demand for Nova Credit’s tech. Then its founder discovered a second line of business.…
Twenty-two years before he bet his company on bitcoin, MicroStrategy CEO Michael Saylor sat down for a long interview with…
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 American Express® Business Line of Credit and Fundible both offer business lines of credit Choose American Express® Business Line of Credit if you have fair-to-excellent credit and want a line of credit Choose Fundible if you have poor credit and want to choose…
Dept Managmnt
No one wants to receive the dreaded call from a debt collector. But if you’ve fallen behind on paying your credit cards, loans…
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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…
Key takeaways Your monthly credit card statement includes a variety of information pertaining to the current status of your credit card account. In addition to providing a record of your charges and payments, credit card statements also include information about fees, APRs, rewards and more. Learning how to read a…
Key takeaways Delta SkyMiles Shopping lets program members earn extra Delta miles for each dollar they spend at participating stores. Members can earn bonus miles at more than 1,000 online retailers through the portal, including popular stores like Apple, Kohl’s and Sephora. Using the Delta shopping portal is free and…
Key takeaways If you’re looking to increase your credit limit, the best place to start is on your issuer’s mobile app or website. There, you can typically request a credit limit online and wait for your issuer to get back to you. If that’s not an option, call your issuer…
Rolf Bruderer/Getty Images Key takeaways Gap insurance may pay the remaining difference on your car loan if your vehicle is lost or stolen. Not all auto insurance carriers offer gap insurance. Some carriers offer standalone gap insurance. Leasing a vehicle can be a financially risky endeavor. If something were to…
Key takeaways TSA PreCheck is a trusted traveler program offering expedited airport screening to members. Memberships for TSA PreCheck start at $77 and are good for five years. Several credit cards can help you get TSA PreCheck for free, usually through a statement credit toward the application costs. Choosing the…
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