Having open, honest conversations about finances before taking the leap is crucial. This means laying everything out on the table - your income, debts, spending habits, financial goals, and more. It may feel awkward at first, but creating a safe space to share financial information...
The personal savings rate in America has been on a steady decline over the past few decades. According to data from the Federal Reserve, the savings rate peaked at around 13% in the early 1980s but has since dropped to just 6.2% as of August...
Your credit score is a three-digit number that provides insight into your financial trustworthiness and repayment history. Lenders use it to evaluate the risk of lending money to you. The higher your score, the more likely you are to be approved for credit and receive...
After over a decade at historic lows, interest rates have begun rising and are expected to continue climbing. This new environment presents both risks and opportunities for investors. This comprehensive guide will give you some helpful interest rates tips by examining the impacts of rising...
A personal loan might not be the most popular lending product to come to mind. Yet, the industry is changing rapidly, outpacing mortgage rates and auto loan growth. So far, in 2023, the personal loan percentage growth rate has increased by 11.48%, according to data. Compared to...
In 2020, during the initial panic of COVID-19, fewer Americans were applying for and receiving approval for credit cards. These borrowing changes made sense at the time, as employers and workers alike were uncertain about the future. Yet, by 2023, consumers had shifted out of savings...
