While the top ten largest credit unions still hold significantly less in assets than even the top five largest banks, they have been growing considerably in recent years. Just within the last five years, total assets in federally insured credit unions have risen by approximately 45 percent over the past…
Key Takeaways: Transition Challenges: Veterans face unique financial challenges when transitioning from military to civilian life, including employment hurdles, healthcare costs, and housing instability. Employment and Economic Stability: Despite strong leadership skills, veterans often encounter unemployment or underemployment due to skill mismatches. Support from programs like VETS and the GI…
Key takeaways Most unemployment payment delays happen due to missing information, fraud checks, or system backlogs. You can often fix the issue by verifying your ID, submitting missing documentation, or updating your payment profile. While you wait, contact lenders to negotiate temporary relief and use savings accounts or short-term loans…
Good news for those looking for more affordable housing: Rents keep falling. In October, rents fell for the 27th straight month year-over-year and the third consecutive month-over-month according to Realtor.com’s October Rental Report. The median asking rent for a 0-2 bedroom property in the 50 largest U.S. metros was $1,969,…
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The nation’s 75 million Social Security recipients will receive a 2.8% cost of living adjustment (COLA) increase in their benefits…
Historically Black colleges and universities are on the frontlines of the One Big Beautiful Bill Act’s new limits on parent…
The big new fees JPMorgan Chase is planning to charge some financial technology companies may well trickle down to consumers,…
With artificial intelligence beginning to eat away at many white-collar entry-level jobs, and the unemployment rate for recent college graduates…
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Images: Getty Images; Illustration: Bankrate Key takeaways A mortgage prequalification helps potential homebuyers know how big of a loan they might qualify for. Getting prequalified does not negatively affect your credit score — but getting preapproved does. While a prequalification is faster and easier to…
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The Downsides of Credit Card Churning and Why It Is Risky You may be asking yourself, “Those benefits sound great, why is credit…
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The fundamental flaws in the way the Federal Reserve operates these days were on full display Wednesday when Jerome Powell talked to the…
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Key takeaways The Discover it® Student Cash Back is a wise first card for students who want experience earning cash back rewards. Not only do you earn cash back, but perks like free access to your credit score and a short introductory APR on purchases — all while keeping costs…
Image: Getty Images; Illustration: Bankrate Key takeaways If you’re buying a home, an appraisal waiver can help you avoid the cost and time commitment of an in-person home appraisal. Instead, your mortgage lender will use an automated underwriting system to estimate the property’s value. However, automated systems can’t catch all…
This page was originally published in early 2022 and still contains relevant reader quotes from that time. The rest of the article has since been updated. Key takeaways Hotels can charge you for damages done during your stay, which are usually found while inspecting your room after you check out.…
Key takeaways Do your research to decide which financial professional — a therapist, advisor or credit counselor — can best help you. It’s hard work to eliminate debt, so commit fully to the process. No matter which you choose, realizing you need help is the first step. Credit card debt…
Inflation remains a stubborn foe, according to new consumer price index (CPI) data. Over the past year, the all items index increased 2.9 percent before seasonal adjustment, according to August figures from the U.S. Bureau of Labor Statistics, released Sept. 11. This is up from the July reading of 2.7…
Since you likely didn’t have a federal student loan payment due for about five years, it’s understandable that your on-ramp to repayment might not have been a straight shot. You’d even be forgiven for missing the metaphorical freeway entrance, considering the mixed messaging from the Trump Administration. But many student…
Image by GettyImages; Illustration by Bankrate Key takeaways Strategically combining three Citi cards allows you to both earn more rewards and squeeze out maximum value when you redeem them. The three cards that often make up the Citi trifecta are the Citi Strata Premier® Card, Citi Double Cash® Card and…
SolStock/Moment/Getty Images Key takeaways Don’t ignore potentially fraudulent credit card transactions; instead, take advantage of the protections and refund processes available through your card issuer. Confirm that the transaction is indeed fraudulent before taking action as mistaken accusations can cause problems. The Fair Credit Billing Act offers protections for unauthorized…
By most objective measures, the U.S. housing market is in a rut. After peaking at 6.1 million existing-home sales in 2021, according to the National Association of Realtors (NAR), transaction volume dipped to just over 4 million by 2024. And 2025 sales are on pace to stay right around that…
Key takeaways Alternative lending offers accessible eligibility requirements to help you get funding even with subprime credit or finances. Many alternative lenders don’t restrict how you use the funds and often pay out within 24 to 48 hours. Due to short terms and high interest rates, you can expect a…
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