PM Images/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Personal loan amounts of $50,000 are offered by banks, credit unions, online lenders and marketplace lending sites. Because they’re unsecured, they can be funded quickly and come with higher interest rates. Maximum repayment terms are typically seven years, which could…
Images by Getty Images; Illustration by Issiah Davis/Bankrate Key takeaways Unsecured loans aren’t backed by collateral, making them a higher risk for lenders. Unsecured business loan rates vary, ranging from 7% to 75% APR. With good credit, you could secure a low interest rate on an unsecured loan — between…
Key takeaways You typically cannot return a car unless the dealership has a return policy. To avoid being in a position where you need to return the car, research the history of the vehicle and the dealership’s policies. If you cannot return the car, look into refinancing your auto loan,…
Wavebreakmedia/Getty Images Key takeaways An auto loan hardship program can help if you’re facing a financial emergency and need help with your car payments. Eligibility criteria, fees and program options vary by lender. If you don’t qualify for an auto loan hardship program, other forms of debt relief are out…
Trending
Spotlight This Week
More Articles
Personal Finance
Last year, on the day before Tax Day, my mom was scheduled to fly into Philadelphia International Airport to stay…
The nation’s 75 million Social Security recipients will receive a 2.8% cost of living adjustment (COLA) increase in their benefits…
With Republicans ending the Grad Plus program, private lenders are eyeing billions in new business, while some students could be…
Featured Articles
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,…
Dept Managmnt
Does a Consumer Proposal Affect My Credit Score? Yes, filing a consumer proposal will affect your credit score. Your score reflects your past…
Banking
For fintech startups, the first five years of the decade have been a roller-coaster ride. At the outset, companies were awash in easy…
Credit Cards
All News
Practical Money Tricks That Lead to Real Treats Getting out of debt doesn’t happen overnight, but small, consistent actions can help you regain confidence and control. Here are a few tried-and-true strategies: Budget like a pro: Track every dollar for a month to see where your money really goes. Focus…
Key takeaways Money market accounts earn competitive interest rates — currently 0.46% on average, with top accounts offering 4%+ APY according to Bankrate data as of November 2025. These accounts combine checking account flexibility (check-writing, debit cards) with higher interest rates that you may find with a savings account.…
My property taxes have ballooned 134% over my 20 years of homeownership. It seems like every year I grumble about another increase, pay the bill and move on. Recent data, however, has me rethinking my approach — it turns out I might be leaving serious money on the table. More…
Markets are soaring. Valuations are swelling. And enthusiasm for all things artificial intelligence is pumping hundreds of billions of dollars into the most transformational technology of the modern era. “AI isn’t just another theme; it’s the culmination of decades of evolution in computing,” Jon Markman, a Forbes contributor who analyzes…
The fundamental flaws in the way the Federal Reserve operates these days were on full display Wednesday when Jerome Powell talked to the media after the central bank’s key policymaking committee meeting. It confirmed why there must be a drastic overhaul of our central bank—as well as new leadership. The…
irina88w/GettyImages; Illustration by Hunter Newton/Bankrate The Federal Reserve cut interest rates again in October, and mortgage rates fell to their lowest levels in more than a year. While the Fed doesn’t directly control mortgage rates, it does set the overall tone. The central bank has cut its benchmark rate twice…
Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates edged lower again this week, with the 30-year fixed rate averaging 6.25 percent, down slightly from 6.26 percent the previous week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago…
Image by GettyImages; Illustration by Bankrate It’s a mixed showing for home equity rates as the Federal Reserve lowered interest rates by a quarter point, its second rate reduction in 2025. The benchmark 5-year $30,000 home equity loan fell nine basis points to 8.02 percent, its lowest level since March…
Key takeaways The Federal Reserve’s key borrowing benchmark is currently in a target range of 3.75-4 percent. The Fed’s monetary policy has shifted significantly over the years, from combating high inflation in the 1980s to dealing with recessions and financial crises in the 2000s and 2010s. The current era is…
Key takeaways The ongoing impact of inflation in recent years has left many Americans tightening their wallets. One surprising solution for combating the negative impacts of high prices may be opening a new credit card that allows you to offset higher costs with cash back savings and other rewards. But…
Editor's Pick
