Earlier this week, my daughter committed to college for neuroscience. It was not an easy discussion. She’s a smart kid — great grades and test scores, two-sport athlete, president of the school newspaper, honor societies, the whole bit. She was delighted to get into one of the best schools in the country. And we turned … Read more
As the second-most populous nation in the world, India has always experienced a widespread need for credit. The outbreak of the global pandemic further intensified the credit demands throughout the country as medical and financial emergencies erupted. At a time like this, the traditional financial institutions, with their cumbersome lending process and reluctance to lend … Read more
Payday loan lenders offer short-term loans and cash advances, but these products come with high interest rates that often lead to a debt trap, the CFPB found. (iStock) Payday lenders provide small-dollar loans that are repaid in a single lump-sum installment, typically on the borrower’s next payday. While these loans may offer fast funding without … Read more
Dear Mr. President, I know you have a lot on your plate right now. You have a war to deal with in Ukraine, an economy that is suffering, and inflation that is hurting most Americans. Partisanship threatens democracy and your party is poised to lose big in November. We are $ 30 trillion in debt. … Read more
Earlier this week, my daughter committed to college for neuroscience. It was not an easy discussion. She’s a smart kid — great grades and test scores, two-sport athlete, president of the school newspaper, honor societies, the whole bit. She was delighted to get into one of the best schools in the country. And we turned … Read more
Image source: Getty Images Keeping your oldest credit card account open could boost your credit score. Key points Your payment history, how much available credit you use, and how long you’ve had credit are some important factors that make up your credit score. Keeping your oldest credit card account open could boost your credit. If … Read more
Home equity loans typically have relatively low interest rates, especially when compared with unsecured forms of debt like credit cards. If you are one of millions of Americans saddled with consumer debt, taking out a home equity loan to pay off your higher-interest debts can be a very attractive option. Key Takeaways Consolidating higher-interest-rate debt … Read more
Life brings us various occasions where we prepare, plan and put our hard-earned money towards our financial stability and security for a better future. But in everyone’s life there have been times when it’s difficult to move ahead due to various reasons (personal or professional), and it can also happen even when we do execute … Read more
When it comes to financial benefits at work, employers typically provide a 401 (k) retirement plan option – and that’s it. But both economists and human resources experts alike suggest that expanding financial wellness benefits in the workplace could be a cost-effective way to quickly address the staggering number of Americans living paycheck to paycheck, … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. High prices are forcing Americans to spend more and save less. But they’re not taking on more debt — at least, not yet. One-quarter of Americans say they’re spending more than usual, according to … Read more