The Federal Reserve (“The Fed”) has raised its benchmark interest rate for the third time in a year to help combat record-high inflation. These changes have sent many borrowers scrambling to get debts subject to interest rate increases paid off.
A recent report found that the average credit card interest rate was 20%! How can anyone pay off their debts when one-fifth of their payment goes to interest alone? Here are a few ideas. Why are interest rates so high?.
Medical debt is one of the most difficult headaches for Americans to deal with. It can cause major financial problems, and it can have a serious impact on your credit score. Luckily, lenders and credit reporting bureaus are taking this.
Few things are more stressful than receiving a credit card fraud alert from your credit card company. Luckily, dealing with fraud, and fraud alerts, is easier than ever, thanks to new tech credit bureaus added recently. Here’s how to amend.
Starting this May, homeowners with high credit scores may see an increase in their mortgage rates. But why is this happening, and is it really as bad as everyone’s making it seem? Why are mortgage fees changing? Effective May 1,.
Retirement is a time to relax, enjoy the fruits of your hard work, spend time with family, and more. However, planning for retirement takes discipline and commitment. Not preparing adequately can make it harder to have a comfortable retirement or.
For many people, retirement planning is one of the biggest financial goals to reach, and fortunately, there are many ways to get there. Two common ways to save for retirement are retirement plans and pension plans. Each can provide you.
According to a Marist Poll released in September 2022, roughly 4 in 10 (38%) Americans have switched jobs since 2020. This movement is known as the Great Resignation, which is motivated by the desire for better compensation, including health benefits.
Your retirement plans can give you a lot to think about, but your parents may be much closer to retirement than you are. They have less time before they leave the workforce and will rely on the wealth and savings.
Retirement is one of your biggest financial goals, so it’s important to set aside part of your paycheck regularly for your retirement plan. However, building up sufficient savings to cover shorter-term concerns, such as emergencies and large purchases, is vital..