Youve heard that if you want to become a homeowner and attain financial security and stability, you should focus on paying off your mortgage debt. One option is using your 401(k), which could make sense depending on how big your nest egg is. But does this option make sense? It’s important for you to weigh … Read more
Are rebates taxed? Most of the time, cash-back rewards and rebates earned from personal purchases aren’t taxed as income. Instead, they’re considered discounts. However, rewards from business spending may be treated differently. Learn the rules that apply to your situation with this video guide. Hello, my name is Scott and I work for TurboTax. I’m … Read more
Trying to pay off your debt can seem overwhelming, but there are strategies that can help. Many people choose between two different ways to help them pay off their debt. Each has its own pros and cons. There is no right or wrong answer when it comes to which method is best because every person’s … Read more
With Personal Loan rates as low as 6. 74% APR, now may be a great time to take care of your finances. Get started by checking your rates. Apply when youre ready. If you borrow at least $10,000 for 3 years, the APR shown is for that loan, and it includes a relationship discount of … Read more
Getting a new job or volunteering for an organization often requires undergoing a background check. This helps employers or organizations vet candidates and avoid potential issues down the line. One common element of background checks is checking a candidate’s credit history and score. But does your credit score actually impact whether you pass a background … Read more
Whether it helps you qualify for a new credit card or secure the best interest rate on your mortgage, your credit score has a big impact on your finances. There are several types of credit scores, but the FICO Score, which is the most common and likely the one you know, is the one most … 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. The advice in this article is offered by the team independent of any bank … Read more
“Good” can mean a lot of different things when it comes to credit cards. Today, we’re going to talk about credit limits. You know, the magical number that determines how much you can spend before your card gives you the cold shoulder. But what exactly is a good credit limit? Is it enough to cover … Read more
Using no more than 30% of your credit limits is a guideline — and using less is better for your score. The products shown on this page are mostly or entirely from our advertising partners. They pay us when you click on one of their links and then do something on our site. However, this … Read more
You can build credit with a credit card by regularly using the card, using a small amount of your credit limit and making all of your payments on time. By following these tips, you can build a good credit score. Credit cards are one of the best ways to build credit and raise your credit … Read more