Key takeaways The lender, loan amount, interest and fees factor into the total cost of an LLC business loan Common loan fees include application, origination and prepayment fees Credit score, revenue, time in business, debts and profitability impact loan interest rates Getting an LLC loan is a great way to…
Key takeaways Hardwood floors can potentially have a positive return on investment (ROI), unlike some other home improvement projects. Moving furniture, demolishing the current floor and preparing the subfloor should also be included in your budget. You can do some work yourself to save money, but working with a professional…
Index funds have gained enormous popularity with investors over the past few decades as a cost-effective way to access highly diversified portfolios. Through mutual funds and ETFs, total market index funds allow investors to purchase a basket of stocks that track an index focused on the overall U.S. stock market…
Key takeaways Asset protection trusts (APTs) are tools that offer protection from creditors while the creator of the trust is living. There are three types of APTS — domestic, foreign and Medicaid — all with their own advantages and disadvantages. APTs offer many benefits like wealth protection, tax efficiency and…
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While there has been much conversation on not buying from companies with poor diversity, little has been said about investing…
Lifestyle inflation occurs when your expenses increase as you earn more income. It can start subtly—dining at pricier restaurants, upgrading…
Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…
Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
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We all use our checking accounts for the basic purposes — direct deposit of our paychecks, paying monthly bills and making debit card purchases. And while usually you’re seeing money leave your checking account, there are ways you can actually earn money with your checking…
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This is part 2 of 2 of Bankrate’s ’90s era lessons miniseries, focusing on loans. Key takeaways When it comes to applying for…
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Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making…
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Key takeaways Receipt-scanning apps scan and save paper documents like receipts to your phone or computer. Digitizing your receipts and other documents allows you to track financial data and file away important information for tax season and may even offer cash-back rewards. Some receipt apps track and sell your data,…
Understanding Gen Z’s Financial Health Gen Z—Americans born between 1997 and 2006—is entering adulthood at a challenging financial moment. With inflation, student loan pressures, and rising housing costs, it’s no surprise that many are feeling overwhelmed. But there’s good news: Gen Z is taking an active interest in managing…
Since President Donald Trump took office earlier this year, the regulatory agencies that oversee the U.S. mortgage market have been on the chopping block. The Trump administration has moved quickly to scale back both the size and the scope of the federal government, including ordering layoffs at the Consumer Financial…
Key Takeaways Bank account fraud comes in many forms including check fraud, P2P payment scams, ATM skimming, phishing and wire transfer schemes. Prevention is your first line of defense. Use tools like account alerts, cardless ATM access, strong passwords and secure Wi-Fi. If you fall victim to a scam, act…
Key takeaways Adding authorized users to your business credit card account can make it easier for your business to complete purchases, earn rewards and improve bookkeeping. You can often set individual spending limits for your employee cards, which helps protect you from rogue spending. It’s usually simple to…
Shares of Amazon closed the week looking unusually cheap. With its share price dipping and long-term growth potential still strong, investors might be looking at a solid buying opportunity. Amazon’s low valuation makes it attractive Amazon’s valuation is now at levels rarely seen since it went public in 1997. The…
Credit Sesame looks at the looming credit score bump reversal and what it could mean for student loan borrowers. The government did more than pause student loan payments during the pandemic. It also effectively gave many student loan borrowers a bump in their credit scores. Now comes the bad news.…
Driver’s license points don’t affect your car insurance directly — but the violations that earned you those points could raise your premium. Instead of counting your license points, your insurance company reviews a document called a Motor Vehicle Report (MVR) whenever you apply for insurance or renew your policy. Violations…
Key takeaways Higher education costs are rising, but there are several ways to make paying for college feasible. Grants, work study and scholarships are forms of aid that do not need to be repaid. Loans are another option, but consider federal loans first, as they offer perks you won’t get…
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict editorial policy, so you can trust that…
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