Here's What The Wi-Fi Logo On Your Credit Card Actually Means
Contactless payment rose during the COVID-19 era, and it remains popular today. With this said, did you know there are limits to such transactions?
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What To Do If An ATM Fails To Dispense Your Money
At last count (in 2022), there were 451,500 ATMs in the U.S. With this many, it's not impossible for one to glitch. If this happens to you, here's what to do.
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You've Been Warned: Never Fall For These Sneaky Credit Card Scams
Credit card scams are commonplace, but fortunately, avoiding being scammed is simple with a bit of due diligence and awareness of what to look for.
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How Much Cash Should You Leave In Your Investment Portfolio?
In a portfolio, you'll want a mix of asset classes, including cash (equivalents). As for how much cash, that'll depend on factors like age and risk tolerance.
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How Interest Rate Changes Affect Banks In The US
In a discussion on interest rate changes and bank profits, it begins with a particular concept: net income interest or NII. For banks, it's a balancing act.
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New CFPB Rule Creates Registry To Track Nonbank Bad Actors
The new rule establishes a registry that will facilitate the CFPB's supervision of certain nonbanks. Its effective date is September 16, 2024.
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Is Paying Off A Car Loan Early A Good Strategy? Here's The Truth
The average auto loan balance grew by 5.2% in 2023, per Experian data. For many, erasing this debt would be helpful, but there are other advantages, too.
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You've Been Warned: This Type Of Savings Account Will Only Hurt Your Finances
When it comes to savings, you have some choices. One key factor to consider is an account's APY. Will your money's purchasing power diminish or grow?
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The Economic Impact Of A Global Tech Outage
The July 19 global tech outage that brought down millions of computer systems served as a stark reminder of how interconnected the world's IT infrastructure is.
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The Wealthy Use High Interest And High Inflation To Their Advantage (& You Can Too)
While your assets won't make you a one-percenter, that doesn't mean you can't use similar tactics used by the wealthy to grow your money, too.
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What To Do When You're Denied A Checking Or Savings Account
Being denied a checking or savings account today doesn't mean you won't be able to secure one in the future. In the meantime, you have a few easy options.
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What A New Chair Could Mean For The FDIC
On June 13, news came that the White House had chosen Christy Goldsmith Romero as its nominee to take over as head of the Federal Deposit Insurance Corporation.
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How Too Many Credit Card Applications In A Short Span Affects Your Credit Score
Applying for new credit can impact your credit score in ways beyond the hard inquiry/ies. Also, some issuers have rules as far as how often you can apply.
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You've Been Warned: Avoid These Common Home Equity Loan Scams
It takes on average five to 10 years to build up sizable equity in a home. Imagine that equity being stolen from you. Be on the lookout for these scam signs.
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What The CFPB's Recent Supreme Court Victory Means For Consumers
On May 16, 2024, the Supreme Court ruled in favor of the Consumer Financial Protection Bureau 7-2, upholding the constitutionality of its funding structure.
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Why You May Want To Think Twice Before Getting A Home Equity Loan
A home equity loan is a common way of accessing your home's built-up equity. This said, you'll want to do the math to know if it's right for you or not.
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The Unexpected Value Of The Rarest $20 Gold Coin
The U.S. circulated gold currency up until 1933, which is where this coin's rarity story begins and why it sold for 945,000 times its value in 2021.
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How Are Interest Rates Calculated For Home Equity Loans?
When taking out a home equity loan, you'll want to be familiar with the current U.S. prime rate and what different lenders might charge on top of it.
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What Actually Drives Interest Rates?
While thinking the Fed sets interest rates isn't entirely inaccurate, there's more to it than that; specifically, a 12-member committee you should know about.
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What's The Average Lifespan Of US Paper Money?
Though not as many people use cash as they once did, many still prefer paper currency. On that note, did you know each bill has a different lifespan.
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How The Chip In Your Credit Card Works To Combat Fraud
Chip cards offer consumers more security through tokenization. Through this encryption process, your primary account number is never shared with the merchant.
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Can You Actually Lose Money In A High-Yield Savings Account?
HYSAs definitely earn you more money than a traditional savings account, however, there's one factor to check to ensure you don't lose purchasing power.
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The Oldest Coin In Circulation
The oldest coin in circulation isn't American, and "oldest" likely doesn't mean what you think. We'll explain, as well as go over the coin's design and history.
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These Are The Worst Places To Keep Your Savings
When figuring out the worst places to keep your savings, consider safety, of course, but also earning potential and how accessible your money will be.
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Can You Borrow Money From Chime?
Chime is a banking app, but Chime isn't a bank. It's a fintech company that partners with banks. Among its services is SpotMe. Here's how it works.
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The Drawbacks Of Paying Off A Loan With A Credit Card
U.S. credit card debt stands at ~$1.13 trillion. Before adding to this total to pay off a loan, it's important you understand the full cost of the solution.
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The Do's And Don'ts Of Using Zelle
While Zelle may be grouped together with other P2P apps, it actually works quite differently. To better understand, we asked expert Matt Schulz to explain.
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