The longed-for moment is almost here. For two and a half years, ever since America’s Federal Reserve embarked on its fastest series of interest-rate rises since the 1980s, investors have been desperate for any hint of when it would reverse course. Now it would be a huge surprise if Jerome Powell, the central bank’s chair, […]
On a recent visit to his hometown of Laixi, in eastern China, Guo Ping received a shock: the local government had sold off a number of state-owned assets, including two reservoirs. The small city’s finances, as well as those in the neighbouring port of Qingdao, were under strain, forcing officials to come up with new […]
Cash News Financing a large purchase with a personal loan can be a great way to build wealth without dinging your budget upfront. The catch? Most lenders rely heavily on your credit history to tell them if you’re a trustworthy borrower. In these cases, if your credit score needs some TLC, you might need someone […]
Cash News An unsecured personal loan is issued by a lender without requiring you, the borrower, to provide anything of value to guarantee it. Like a credit card, you qualify for a personal installment loan strictly on your ability to repay the borrowed amount. Sounds good, doesn’t it? Here’s what you need to know. How […]
Cash News When you need to borrow money for home improvements, two options are a home equity loan and a personal loan. Both types of loans are installment loans with fixed interest rates, but their approval process and repayment terms vary significantly. This article will explain the differences between a home equity loan vs. personal […]
Cash News Car insurance provides critical protection for teen drivers, but it can be expensive due to their inexperience behind the wheel. If a new learner’s permit or driver’s license is in your teen’s future, here’s what to know about car insurance coverage options, rates, choosing a car insurance company, and keeping insurance costs manageable. […]
Cash News Your financial life can change significantly when you get married. You might save money by splitting household expenses and filing taxes jointly. What’s more, your marital status can influence how much you pay for car insurance. When auto insurance underwriters calculate your car insurance premiums, they don’t solely look at your driving history, […]
Cash News A reverse mortgage is a type of home loan that allows a senior homeowner to borrow money from the bank based on the equity in their home. Reverse mortgage eligibility is limited to homeowners over the age of 62 who use the home as a primary residence and who either own the home […]
Cash News What would you do with an extra $1,000 per year? That’s the average amount Americans pay in credit card interest and fees per year, according to the Consumer Financial Protection Bureau (CFPB) . But how does credit card interest work? It’s one of the most common questions new credit card users ask. Understanding […]
Cash News As you enter adulthood and start earning your own money, you’ve likely realized that you need a better place to stash your cash than your old piggy bank or under the mattress. But there are so many options to choose from — national banks, digital banks, or neighborhood credit unions — selecting one […]