Cash News If you’re a homeowner who has paid down a chunk of your mortgage or whose house has gained value, you might be able to take out a loan secured by your home equity. However, having equity in your home isn’t the only requirement to qualify for a home equity loan. Here’s what you […]
Cash News Good news for the more than 60 million U.S. adults who don’t have credit scores: TransUnion just released a new product that can potentially generate a credit score for you. Instead of only evaluating your history with debt, as most credit scores do, TransUnion’s new TruVision Alternative Bank Risk Score takes your banking […]
Cash News Ally Bank is a Utah-based online bank known for offering competitive interest rates on its financial products with minimal fees. It was founded in 1919 by General Motors to make car loans to its customers. It changed its name to Ally in 2010 and now offers personal banking products, retirement and investment accounts, […]
Cash News Today, the national average interest rate for savings accounts is just 0.41%, according to the FDIC. But that doesn’t mean you’re stuck earning a low rate on your savings. Many banks and credit unions offer high-yield savings accounts with an annual percentage yield (APY) of 4% or more, allowing you to maximize your […]
Cash News The Yahoo view: A mash-up of a lender and a lender marketplace, Zillow Home Loans may be best for those looking to shop multiple mortgage providers in one place. One of the biggest names in real estate, particularly home search, is also a rapidly growing mortgage lender. Zillow Home Loans represents the kind […]
Cash News Summary: Founded in 2009, Customers Bank is a regional bank based in Malvern, Pennsylvania. The bank offers a range of financial services tailored to entrepreneurs, small businesses, and individuals, including checking and savings accounts, commercial and personal loans, cash management solutions, and specialized lending products across multiple industries. Here’s a quick look at […]
Cash News Summary: Social Finance Inc. — better known as SoFi — is an online financial company founded in 2011 by a group of Stanford business school students. In 2012, SoFi launched its Student Loan Refinancing program for federal and private student loans. Currently, SoFi serves more than 6.9 million customers and has expanded its […]
Cash News When you have a traditional job, your employer withholds part of your paycheck for taxes, but when you’re an independent contractor, you’re responsible for withholding tax money on your own. If you expect your tax liability to exceed $1,000 for the year, the Internal Revenue Service (IRS) expects you to make quarterly estimated […]
Cash News Inflation is heating up again, little surprise to consumers feeling the sting of price hikes in everyday purchases. The Consumer Price Index surged 3% over the prior year in January and an uptick from December’s 2.9% increase. The month-over-month increase was 0.5% — the largest monthly jump since August 2023. Categories like food, […]
Cash News Are you looking to invest at least six figures in a certificate of deposit (CD)? Your search for the right CD might lead you to consider jumbo CDs or a similar — but less common — product called negotiable CDs (NCDs). While a negotiable CD can look like an attractive option for large […]