BANKING

If a fire in your rented home destroyed your belongings, how much would it cost to replace them? How much money could you lose if you’re held responsible for an accident in your home and sued? Your renters insurance could reimburse you in these (and other) situations. Deciding how much you need means considering the value of your personal belongings and potential financial liabilities. Understanding renters insurance coverage limits The question “How much renters insurance do I need?” is more accurately stated as “What renters insurance coverage limits should I choose?” …

How Much Renters Insurance Do You Need? Read More

Put simply, a mortgage refinance replaces one mortgage with another. People tend to avoid mortgage refinancing when rates are high, and average rates have been rising steadily since 2022, reaching a peak of 7.79% for a 30-year fixed-rate mortgage at the end of October 2023. However, they have dropped somewhat since then, standing at just 6.82% as of Apr. 4, 2024, leading some to think about refinancing. Typically, people will refinance if interest rates have dropped below the rate they have on their mortgage. If conditions are right, a refinance can …

How to Refinance Your Mortgage: Complete Guide Read More

When there’s an auto accident, most people believe that someone is at fault. In fact, fault often determines whose insurance pays for the damage and injuries. However, some accidents are considered “no-fault accidents,” where the insurance company cannot assign blame to one party. We compare at-fault vs. no-fault accidents, where the rules apply, and how auto insurance is handled with both types of accidents. How is fault determined in a car accident? In an accident, investigators attempt to assign blame to one or more participants. This allows them to determine who …

At-Fault vs. No-Fault Accidents: What to Know Read More

Most investors stick to traditional assets like stocks and bonds, usually because they’re comfortable with the familiar. However, adding alternative investments to your portfolio can provide broader diversification, help reduce volatility, and yield higher returns. Art is gaining traction as an alternative investment option—and not just among the ultra-wealthy. Different types of art to invest in The art world offers numerous options for investors. The best ones for you depend on your goals, risk tolerance, and interests. Here are a few to consider. Blue-chip art Blue-chip art refers to high-value works …

How to Invest in Art: 5 Ways Read More

In general, borrowers are required to meet strict income and credit criteria to obtain a loan. Many struggle to meet these requirements without some help, due to poor credit or other financial setbacks. There are two primary methods to help someone else get a loan: co-signing and co-borrowing. “Both co-signers and co-borrowers are legally obligated to make the loan payments if the other person fails to do so and can be sued by the lender if the other person fails to make payments,” explains Jesse Little, senior director of advice, at …

Co-Borrower Vs. Co-Signer: Key Differences Read More

Robinhood is seemingly perfect for those looking to delve into stock trades, exchange-traded funds (ETFs), and crypto trading, all on one platform. It has an easy-to-use mobile app and fee-free service, and is frequently ranked as one of the best online brokers. Robinhood Gold Trading APY* Existing customers earn 5.00% interest on your uninvested cash (1.5% without Gold), terms apply. No cap. Withdraw anytime. Fees $0 commissions (other fees may apply) Gold subscription fee applies after 30-day free trial Online trading fees $5 per month (after 30-day free trial) Promotion New …

Robinhood Review: Is It The Right Platform for You? Read More

The cost of living has gone up for just about everything—utilities, food, and housing all cost more than they previously did, leaving many people struggling to make ends meet. For those who own pets (which is roughly 66% of U.S. households), the increase in vet costs has also hit them hard: in 2022, vet bills rose by 10% thanks to vets’ staffing costs, the price of medical supplies, lab-testing fees, and advanced drugs. The American Veterinary Medical Association reports that the average annual cost of vet visits in 2022 was $362 …

Best Pet Insurance Companies for 2024 Read More

The best credit cards on the market change over time as card issuers update their promotions and new card offers are introduced. That’s why we created this list that’s updated on a regular basis. Here you can find out which credit cards are the most promising at the moment, including travel credit cards, cash back credit cards, 0% APR credit cards, and other credit card categories. Read on to learn about the best credit cards in 2024, why we picked them, and how each card we selected can help you reach …

Best Credit Cards in April 2024 Read More

People with fair credit are often faced with difficult decisions when they need credit. If you fit this description and are looking to apply for a credit card, you may have a lot of questions. For example, you might be asking: How can I build credit with a credit card? What if I have no credit at all? What if I’m a student? Can I get a credit card without a credit check? How much of an annual fee is acceptable? Is the annual percentage rate (APR) really going to be …

Best Credit Cards for Fair or Average Credit in 2024 Read More

When you have less-than-perfect credit, you might find your options limited when it comes to all things that have to do with your finances. This includes credit cards. There are a limited number of credit cards available to borrowers with bad credit. However, it’s not all gloom and doom. Some credit cards are designed to progress with you. As you demonstrate how good you are with credit, you may be rewarded with higher credit limits and higher credit scores. Let’s start with 11 of the best credit cards for bad credit. …

Best Credit Cards for Bad Credit 2024 Read More