You’ve likely heard of a credit card cash advance before — it’s basically a short-term loan offered by your credit card issuer. Another way to access money quickly and conveniently is simply through a cash advance app. With a cash advance app, you set up direct deposit and either receive …
The Federal Reserve meets for the last time this year on December 10, and, again, the big question centers around what will happen with interest rates. The federal funds rate certainly influences our everyday lives: It determines how expensive it is for Americans to borrow money, how rewarding it is …
You may have taken out a Buy Now, Pay Later (BNPL) loan, thinking it’d be a simple way to break a purchase into smaller payments. But if you’ve missed a payment — or you’re juggling several BNPL plans at once — you might be wondering what happens next. And more …
The year’s biggest shopping week is here — and it’s bringing in the highest shopper turnout on record. An unprecedented nearly 187 million Americans plan to shop this Thanksgiving weekend, the National Retail Federation (NRF) found. Though debit cards are the most popular payment choice at checkout, per NRF, other …
Holiday shopping season is upon us and, for personal finance reporters like ourselves, that means diving into all the different ways Americans are paying for gifts this year. For a good chunk of shoppers, turns out they plan on paying later. As many as half of holiday shoppers intend to …
If you’re planning on using buy now, pay later (BNPL) to cover your holiday shopping this year — and half of shoppers are, per PayPal — know that there are alternative financing options out there offering similar flexibility. While BNPL helps you pay for things over time, it can encourage …
When we think of the best place to manage our money, banks are top of mind. But did you know that credit unions could actually offer more value to you as a consumer? Credit unions, by nature, are member-owned organizations so they know their customers well and, since credit unions …
A buy now, pay later (or BNPL) loan is a form of short-term financing that allows consumers to pay their bill incrementally over several weeks or even months, rather than all at once. Unlike credit cards, BNPL plans typically don’t charge interest. And providers don’t run a hard credit check, …
Nearly half of Americans don’t have a life insurance policy, according to a new study, with wide disparities based on age, gender, income and race. A report from Western & Southern Financial Group found that just 51% of U.S. adults had any kind of life insurance. Western and Southern …
If you recently received a salary increase or haven’t updated your income information with your credit card issuer in a while, you might qualify for a credit limit increase. By securing a higher credit limit, you’ll be giving yourself more spending power and keeping your credit utilization rate low — and …