Smart deposits are a relatively new type of bank account that offer higher interest rates but come with certain restrictions. This article will explain what smart deposits are and how they compare to savings accounts, money market accounts, and certificates of deposit. What is a Smart Deposit? A smart deposit is a deposit account offered…
Dealing with debt lawsuits can be stressful, but in some cases, you may be able to get the lawsuit dismissed. Here are some of the most effective ways to get a debt lawsuit dismissed. Prove You Don’t Owe the Debt One of the best defenses against a debt lawsuit is to prove that you don’t…
The Social Security Administration (SSA) has announced a 3.2% cost-of-living adjustment (COLA) increase for 2024 Social Security benefits. This will be the largest COLA increase since 1982 for the average $1,800 monthly retirement payment. Largest Social Security Raise in Decades The SSA bases the COLA increase on the Consumer Price Index for Urban Wage Earners…
If you’re struggling under the burden of student loan debt, loan forgiveness programs offered by the government provide a glimmer of hope. Federal and many state programs can potentially reduce or eliminate student loan balances for borrowers who meet specific criteria. While not everyone will qualify, understanding the options available is key to accessing this…
If you want to help a family member get into a home but they can’t qualify for a mortgage, a family opportunity mortgage (FOM) may be the solution. This unique loan program allows borrowers to purchase a home for a parent, child, or grandchild while still qualifying for the best terms. What Exactly is a…
Guardian offers various disability insurance policies to provide income protection if injury or illness prevents working. Guardian disability coverage comes in two main forms: short-term and long-term. Short-term disability insurance from Guardian replaces income for a limited period, typically 6-12 months. This coverage helps pay bills as you recover and return to work. Long-term disability…
What is Fintechzoom Car Insurance? Fintechzoom car insurance represents an emerging type of car insurance powered by financial technology (fintech). Offered by innovative fintech insurance companies, this new digital insurance provides flexible, affordable coverage through easy-to-use apps and websites. With fintechzoom car insurance, customers pay a monthly subscription for access to insurance coverage. Policies and…
Home insurance is a large expense for many homeowners, with the average annual premium at $1,315 nationwide according to 2022 data from the Insurance Information Institute. Thankfully, there are several strategies you can use to reduce your home insurance costs without cutting back on important protections. 1. Shop Around and Compare Quotes Thoroughly 2. Optimize…
What is a $500 Down, No Credit Check Car Loan? If you need a car but don’t have strong credit, a “$500 down on a car no credit check” loan may be an option. With just a $500 down payment and no credit verification, certain lenders are willing to finance an older used car for…
Taking out a loan is easy, but paying it back and seeing the balance decrease can be frustratingly difficult. Unfortunately, several common factors during the lifetime of a loan can cause your total balance to balloon. Being aware of what these factors are can help you minimize their impact. Interest Charges Add Up Over Time…
