Key takeaways Inflation is a sustained increase in prices of goods and services, which can negatively impact purchasing power and lead to tough financial decisions…
Inflation rose again in December as stubbornly high prices continued to strain consumers’ finances ahead of the Federal Reserve’s next decision on interest rates. The Labor Department on Wednesday said that the consumer price index…
Key takeaways While liability coverage often covers dog bites, some dog breeds are excluded. Insurance companies sometimes exclude specific dog breeds because the risk of insuring them is too high. Having dogs that are considered high-risk can raise your home insurance cost. If there is one thing Americans can’t get…
Key takeaways The average student borrower takes 20 years to pay off their student loans, but there are ways to shorten this timeline. Making additional payments, setting up automatic payments and refinancing are all effective strategies. Do your research and assess which methods work best for your schedule and lifestyle. …
Key takeaways A home equity line of credit (HELOC) on an investment property is a loan taken out against a piece of real estate that generates income or a financial return. Lenders will consider both the borrower’s creditworthiness and the property’s financials when evaluating an investment property HELOC application. These…
Jemal Countess / Stringer / Getty Images Key takeaways The U.S. Supreme Court will review stalled attempts to streamline the borrower defense to repayment program. The outgoing Biden administration plans to focus on providing federal student loan forgiveness through existing avenues and helping borrowers avoid default in its final days.…
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More ArticlesImages by GettyImages; Illustration by Hunter Newton/Bankrate Index funds are one of the most popular types of investments because of their simplicity, low cost and diversification benefits. In general, index funds seek to replicate the…