Key takeaways There are many types of working capital loans to consider, including term loans, SBA loans, business lines of credit, business credit cards, invoice financing and merchant cash advances. When deciding on a loan, consider the loan’s fees, interest rate, terms of repayment and the lender’s eligibility requirements. Before…
Key takeaways Affirm just announced it will start reporting all pay-over-time loans, including Pay in 4, to the credit bureaus Experian and TransUnion. BNPL doesn’t affect borrowers’ credit scores very much right now, but might have a significant impact in the near future. BNPL users — often young people —…
AsiaVision/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways The interest rate and loan amount heavily influence loan costs. A short repayment term can lower interest, but long terms have manageable payments. Use a calculator to compare loan costs before settling on a loan. Finding the cash to cover the cost of…
Key takeaways The retail credit card issuer may offer different options to you once the store closes, like letting you use the card at sister stores or businesses if they remain open. You’re still responsible for paying off your balance on the retail credit card, even if the…
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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 To cancel a deceased person’s credit cards, gather as much information on each credit card account as possible, including any authorized users. Once you have information on each account, call each credit card issuer and follow its process of resolving the account…
Dept Managmnt
Key takeaways There are multiple ways to pursue debt relief and reduce the amount you owe — or at least make it more…
Banking
Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making…
Credit Cards
Key takeaways Adding authorized users to your business credit card account can make it easier for you to complete purchases and earn rewards…
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Key takeaways Investors will place a market order when they want to execute a trade at the best available price the moment an order is sent. A limit order executes the trade at a specific price that the investor sets, and only once that price is met does the trade…
Westend61/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Equipment costs can range from $500 for small items to $500,000 for construction or manufacturing equipment. The cost of an equipment loan depends heavily on the equipment being purchased, the creditworthiness of the business and the interest rate set by the lender.…
If you’re searching for a hotel credit card, Marriott co-branded credit cards can be a great choice. Along with the Marriott Bonvoy® program, which allows you to earn points through hotel spending, a Marriott co-branded credit card is one of the easiest ways to earn points regularly. You can use…
Key takeaways While digital payments are common, there are times when writing a check is the best, or only, option. Fill out checks clearly and carefully. Mistakes can delay payments or cause the check to be rejected. These days, it’s easy to swipe a card or send money electronically. But…
Photography by Getty Images; Illustration by Bankrate Key takeaways Many Americans are intimidated by the stock market, Bankrate surveys have found. Learning about stocks and how they fit into your overall financial plan can help you gain confidence as an investor. Stock market volatility is to be expected, so prepare…
Recent tariffs on imports, combined with ongoing inflation, will likely make the cost of everyday essentials skyrocket. According to research from The Budget Lab at Yale University, tariffs may increase expenses for the typical American household by as much as $3,800 in 2025. If you feel like your paycheck doesn’t stretch as…
If you’re looking for a sign that interest in crypto has gone mainstream, it’s here: Fidelity — the longtime behemoth of retirement plans — now allows customers to invest directly in cryptocurrencies in a Roth IRA, traditional IRA or rollover IRA. We’re not talking about dabbling in crypto-related ETFs (funds…
Key takeaways The concept of vesting sometimes sounds complicated, but it’s actually pretty simple — it refers to how much of your employer’s retirement plan match is actually owned by you. There are several different types of vesting that dictate the vesting period, like immediate vesting, grade vesting and cliff…
There are a multitude of leveraged strategies aimed at retail investors. Most of these follow the performance of major indexes, while others track niche areas of the market like the semiconductor and biotech industries. With leveraged strategies, investors hope to capture additional return using the power of debt. What is…
No one wants to be in trouble with the tax man. If you missed this year’s filing deadline, don’t panic. But also…? Act fast. The deadline for most taxpayers to submit their 2024 tax return was April 15 — except for those who get some extra time to file because…
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