Certain âcash-likeâ credit card transactions are considered cash advances and trigger higher interest plus a cash advance fee. Some examples are depositing convenience checks, buying money orders, protecting yourself from overdrafts with a credit card, and sending money through certain payment apps. Many credit card issuers allow you to use your credit limit to access … Read more
NINA loans, which stands for “no income, no asset” loans, were a type of mortgage popular in the early to mid-2000s that required little to no documentation from borrowers. As the name suggests, borrowers did not have to verify their income, employment, assets, or cash reserves to qualify for these loans. This made NINA loans … Read more
“Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Bankrate is always editorially independent. While we adhere to strict , this post may contain references to … Read more
A credit card account can affect your credit for years after you close the account. Its effect on your credit score, however, isn’t always straightforward. Read on to learn when closed accounts are negatively impacting your credit score on your credit report, and how you might address them when necessary. There is a lot of … Read more
No matter if you have a lifetime mortgage (LTM) or a home reversion plan, you can sell your home with equity release. There are many good reasons for selling your house and moving to another one. You may want to be closer to family, move somewhere special to you or even just downsize. But it’s … Read more
There’s a lot to think about when buying a home between getting funding for a down payment and closing costs, making the winning offer, and gathering documents to give the lender. It’s important not to overlook your credit score. Lenders look at your history to determine the likelihood you’ll be able to handle your payments. … Read more
There’s one key step you should take to boost your odds of landing your dream home: getting preapproved for a mortgage loan with a lender. If you do this, sellers will view you as a more attractive buyer. When sellers get multiple offers, they are more likely to choose buyers who have already been approved … Read more
A credit card with no interest and only a monthly fee*. There are also no late payment or foreign transaction fees. You can also get Visa benefits1 like protection for your cell phone, emergency card replacement, and Visa Zero Liability2. A Platinum Visa card is one of the most prestigious and feature-rich credit cards available … Read more
“Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board is made up of financial experts whose job it is to make sure that all of our content is fair and unbiased. Bankrate is always editorially independent. While we adhere to strict , this post may … Read more
There are risks to think about when you use lines of credit. Part of the series: How to Run a Successful Small Business When you need money, you may consider getting a personal loan, which provides a lump-sum amount. However, if you don’t know exactly how much money you may need, you may want to … Read more