Cash News Whether you picked up a small chip from flying debris that has become a serious crack or your windshield has shattered, you likely have one question: Will my insurance company pay for windshield replacement or am I stuck paying for expensive glass repairs out-of-pocket? The good news is that your comprehensive insurance policy […]
How credit history impacts car insurance rates: A comprehensive guide #CashNews.co
Cash News When you lease a car or apply for an auto loan, you know your credit score plays a role in what interest rate you’ll pay. However, did you know your credit can also be factored into your car insurance rate? While insurance companies don’t use credit as a determining factor in the exact […]
How do travel credit cards work? #CashNews.co
Cash News Whether you want big travel savings, luxury perks, or just an easier time getting through the airport, you can get more out of your next vacation with the right travel credit card. But to maximize their high rewards value, it’s important to understand how travel cards work, including rewards programs, which may have […]
What is a high-yield savings account? #CashNews.co
Cash News Whether you’re building your emergency fund or saving for a short-term goal, a high-yield savings account can be an excellent place to stash your cash. These deposit accounts offer generous rates compared to traditional savings accounts, meaning you’ll earn more interest on your balance over time. If you’re considering using one to increase […]
What is an emergency savings fund? #CashNews.co
Cash News Sometimes unexpected — and unpleasant — financial hiccups happen: Your car breaks down, your electric bill soars, an unexpected medical bill pops up, or you experience job loss. An emergency savings fund can help you pay your bills and relieve stress during difficult times. A savings account for financial emergencies allows you to […]
What is annual percentage yield (APY)? #CashNews.co
Cash News When you open an account at a bank or credit union, you’ll likely come across the term APY, which is short for annual percentage yield. The APY tells you how much the account will earn in interest in one year. Different interest-earning accounts — high-yield savings accounts, traditional savings accounts, money market accounts, […]
What is compound interest, and how is it calculated? #CashNews.co
Cash News One of the upsides to keeping your money in a bank account is the chance to earn compound interest — you earn interest on both the funds you deposit in an account and on the interest that money earns. On the flip side, when you use a credit card, you’re charged interest on […]
How to make an offer on a house #CashNews.co
Cash News Making an offer on a house is the critical give-and-take between you and the seller, forming the foundation of what is likely one of the largest financial transactions of your life. It requires patience, perhaps a little diplomacy, and a firm understanding of the process. Here are the steps involved in making an […]
How to obtain temporary car insurance – and avoid getting scammed #CashNews.co
Cash News Most major car insurance companies only issue policies for six-month and one-year terms. So if you need temporary car insurance, you might run into trouble finding reputable insurance companies offering short-term coverage. While there are some temporary car insurance companies out there offering daily or weekly rates on car insurance, these smaller carriers […]
Got a new ride? Here’s how a new car insurance grace period works #CashNews.co
Cash News Driving a new (or new to you) car off the dealership lot for the first time gives special meaning to the term joyride. However, you might understandably feel anxious zipping around town in your shiny, mint condition vehicle right away. Set your mind at ease because if you have an existing auto insurance […]