At a time of sticky inflation and a softening job market, extra money in the bank can serve as a lifeline for many consumers. Yet 8 in 10 Americans did not increase their emergency savings this year, a new Bankrate survey found, leaving them in no better financial position to…
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…
Trending
Spotlight This Week
More Articles
Personal Finance
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…
Featured Articles
Reaching age 65 doesn’t automatically change how the IRS taxes your 401(k) withdrawals. Instead, it taxes distributions from a traditional 401(k) as ordinary income, just like wages or Social Security benefits. Your tax rate depends on your total taxable income and filing status in the…
Dept Managmnt
The Downsides of Credit Card Churning and Why It Is Risky You may be asking yourself, “Those benefits sound great, why is credit…
Banking
The fundamental flaws in the way the Federal Reserve operates these days were on full display Wednesday when Jerome Powell talked to the…
Credit Cards
All News
Nitat Termmee/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways A financial advisor evaluates the financial needs of their clients and helps them make informed investment decisions to build wealth. A financial planner creates comprehensive financial plans for their clients by considering factors such as savings, retirement and estate planning.…
Key takeaways The Citi Double Cash® Card and Chase Freedom Unlimited® both offer cash back without an annual fee. Chase Freedom Unlimited offers boosted rewards in a number of categories, while the Citi Double Cash earns a flat rate on all purchases. Both cards are great for earning rewards on…
Image by GettyImages; Illustration by Bankrate Very mixed movements on the home equity financing scene in the latest week. The average rate on a $30,000 home equity line of credit (HELOC) skyrocketed 80 basis points to 8.90 percent, according to Bankrate’s national survey of lenders — though the increase reflects…
Hero Images Inc/Getty Images Key takeaways A fiduciary is a person or organization that is required by law to put their clients’ interests ahead of their own. A financial advisor can help you construct a plan to help you grow your wealth, but may not necessarily be a fiduciary. To…
Luis Alvarez/Getty Images Kristen Allen, the founder of Exclusively Kristen, a women’s clothing company, had recently moved to Hong Kong to more closely monitor the distribution of goods from her warehouse. But after heading to the post office to fulfill her first order, she was told that Hong Kong had…
Key takeaways There are two main types of business plans: the more common traditional business plan and the less common lean startup business plan. A traditional business plan is best for gaining funding and attracting investors. A lean startup business plan is best for early-stage entrepreneurs who need a fast,…
Key takeaways The IBR forgiveness pause leaves some borrowers at risk of a tax bill if it extends into 2026. Borrowers who filled out their IDR application before March 2025 may need to reapply. The public has until September 17 to comment on proposed PSLF changes. Borrowers seeking student loan…
This page was originally published in early 2023 and reflects the author’s financial decisions during that time. The card details have since been updated. Booking travel through a credit card issuer’s portal has its pros and cons, as I found out when I booked a trip for my family using…
Key takeaways An automatic stay prevents creditors from taking action to collect on certain debts when you file for bankruptcy. Automatic stays can offer some protection against eviction, foreclosure, repossession and wage garnishment, but they do not apply to child support, alimony or certain tax debts. Automatic stays can last…
Key takeaways You can get an RV loan from banks, credit unions, online lenders and at some RV-specific dealerships. Loan amounts for RVs can range from $10,000 to over $1 million, with terms of up to 20 years for secured loans and two to seven years for unsecured loans. To…
Editor's Pick
