What is Credit Card Churning? Dangers and Benefits

Credit card issuers have consumers right where they want them, lending money at high-interest rates and earning money from many different fees. Even reward cards benefit the issuers, because all the additional perks and rewards they provide are covered by the increased merchant fees, which essentially means the credit card company offers you extra money to incentivize you to spend, and […]

What is Credit Card Churning? Dangers and Benefits is a post from Pocket Your Dollars.

Continue Reading →

How Gaps in Coverage Affect Auto Insurance Rates

A lapse in coverage increases your risk and your rates. It may be harder to find suitable and affordable car insurance and may mean that you need to make some sacrifices in order to keep those insurance premiums at an affordable level. But it’s not a complete disaster and is far from the worst thing you can have on […]

How Gaps in Coverage Affect Auto Insurance Rates is a post from Pocket Your Dollars.

Continue Reading →

The Worst Cities to Own a Car

The number of Americans driving to work alone is on the rise, according to data from the U.S. Census Bureau. With the increase in drivers comes traffic, which means more time and money spent idling in cars. Some cities are … Continue reading →

The post The Worst Cities to Own a Car appeared first on SmartAsset Blog.

Continue Reading →

How to Buy a Used Car, Step By Step

Looking for a new ride? Here’s how to buy a used car, what to look out for and why it can be a smart money move.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

Continue Reading →

Fed: Credit card balances dipped by $3 billion in December

Credit card balances edged down in December, even as consumers engaged in holiday shopping, as uncertainty about a second round of stimulus checks extended to the latter part of the month.

Continue Reading →

Financial Lessons Learned During the Pandemic

As we wrap up this year, it’s important to reflect on positive lessons we want to take into 2021. Here are some of the top financial lessons.

Full Story

The post Financial Lessons Learned During the Pandemic appeared first on MintLife Blog.

Continue Reading →

What Is the Average Used Car Loan Rate?

Article originally published July 13th, 2016. Updated October 30th, 2018. More people are opting to lease their new set of wheels instead of purchasing them, according to Q2 2018 data from Experian. The number of auto loans grew to an all-time high, with leasing surpassed 30% of all new consumer vehicle sales. But the interest rates consumers are… Read More

The post What Is the Average Used Car Loan Rate? appeared first on Credit.com.

Continue Reading →

How COVID-19 is Affecting Auto Loans

COVID-19 is having a massive impact on the global economy and very few industries have been untouched by it. If your business relies on employees working in a physical space and profits only when people are willing to shop and spend, there’s no escaping it.  It’s no surprise, therefore, that the auto industry has been […]

How COVID-19 is Affecting Auto Loans is a post from Pocket Your Dollars.

Continue Reading →

What Is Uninsured Motorist Insurance?

If you buy or lease a car, you’ll need to arrange for insurance coverage. Not only is it the law in most states, it will also protect your bank account in the event of an accident. However, if you’re involved … Continue reading →

The post What Is Uninsured Motorist Insurance? appeared first on SmartAsset Blog.

Continue Reading →

Repossession Credit Scores: What You Need to Know

One of the harsh truths of secured loans is that your asset can be repossessed if you fail to make the payments. In the words of the FTC, “your consumer rights may be limited” if you miss your monthly payments, and when that happens, both your financial situation and your bank balance will take a […]

Repossession Credit Scores: What You Need to Know is a post from Pocket Your Dollars.

Continue Reading →