What Does the Interest Rate Hike Mean?
For the first time since 2018, the Federal Reserve has raised the benchmark federal funds rate. The increases have a cascading effect that flows through U.S. government bonds, mortgages and other types of loans. And it can have a big effect on your bottom line.
Personal Loans Versus Credit Cards: What’s the Difference?
When you need funds, you may find yourself debating options—specifically, a personal loan versus a credit card. Here are some key points that define the difference between a personal loan and a credit card.
Argument Given for Credit-Only Spending
Using credit for the spending you already do lets you track your spending, earn cashback and maybe even reap rewards in the process. Yes, using credit cards for all or most of your cyclical spending takes skill, practice and discipline.
Balance Transfers Credit Cards Useful Tools
The holidays are inevitable. They’ll come regardless of what happens with the COVID-19 pandemic or political events, and—as usual—they’ll prove to be the most expensive time of year. Securing a good financial outlook in advance can help you enjoy a happier holiday season.