Westend61/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Before signing off on an auto loan, crunch the numbers to ensure you can afford your new set…
Images by GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways When you prepay your mortgage, you pay extra toward the loan principal. This helps you pay your loan off sooner and save money on interest. There…
A tax refund often feels like a sudden financial windfall, offering a brief moment of relief. However, instead of treating it as a ticket for a shopping spree, consider using it as the ultimate opportunity for some financial spring cleaning. By strategically channeling your refund, you can effectively pay down…
A major high-tax blue state has seen a significant population loss due to domestic out-migration over the last five years, new research found. Massachusetts recorded a net loss of about 182,000 residents to domestic out-migration from April 2020 to July 2025, according to an analysis of the state’s workforce by the…
While adding a child to a deed may seem straightforward, the tax implications can be complex and long-lasting. Depending on how you structure the transfer, it may affect gift taxes, capital gains taxes, and future estate planning outcomes. State laws and ownership structures can also influence the results. A financial…
Key takeaways Secured loans require collateral, in the form of a valuable asset, to back the loan. Lenders may offer lower interest rates and larger loan amounts for secured loans. Common examples of secured loans are auto loans, mortgages and some types of business financing. A lender can repossess the…
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British luxury automaker Aston Martin said on Wednesday that it will cut up to 20% of its workforce as tariff and regulatory headwinds along with a challenging market backdrop weigh on the business. The company…
