Personal Finance
If your newer car is totaled in an accident, gap insurance can help cover the difference between what you owe on your loan and what your insurance pays out — potentially saving you thousands out of pocket. This type of coverage is especially relevant today, as rising vehicle prices, high…
It’s understandable to feel envious of people who live in states with low or no income taxes. After all, after paying federal taxes, state income taxes take another swipe at your bottom line. But if you’re comparing places to live, look at the big picture and consider other local taxes,…
dragana991 / Getty Images Key takeaways There is no federal maximum interest rate for auto loans. Whether you receive a high interest rate is based on factors such as your credit score, the vehicle you purchase, the terms of your loan and the state where you are financing the vehicle.…
In the news As of July 21, the Department of Education has paused forgiveness under the IBR plan. Key takeaways The graduate repayment plan is a payment option for federal loans that starts with low monthly payments that gradually increases. Graduated repayment plans for consolidated and nonconsolidated student loans are…
Key takeaways To get your student loans discharged in bankruptcy, you’ll need to prove that they cause you “undue hardship.” Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate adversary proceeding for student loans. The new processes established by the Department of Justice…
whitebalance.space / Getty Images One Big Beautiful Bill’s impact on student loans July 1, 2026: New borrowers can only access standard repayment or the new Repayment Assistance Plan (RAP) – July 1, 2028: Current IDR plans (except IBR) will be eliminated – Current SAVE borrowers will see interest resume August…
PeopleImages/ Getty Images Key takeaways Virgin Red is a loyalty rewards program launched by the Virgin Group and is not a replacement for their existing Flying Club program. Members can earn Virgin Points through online shopping, booking travel and transferring points from credit card partners. Points can be redeemed for…
Key takeaways Title insurance is designed to protect a piece of property against past claims that may surface, such as a lien from a contractor, an heir that believes it belongs to them or a property line issue. Title insurance comes in two forms: a policy that protects the lender…
Key takeaways Both the American Express® Green Card* and American Express® Gold Card offer lucrative rewards in the form of versatile American Express Membership Rewards points. The Amex Green Card comes with a lower annual fee and slightly lower rewards rates than the Gold Card, though with two travel perks…
Key takeaways Requesting a credit limit increase can have both positive and negative impacts on your credit score. If you request the increase, expect the issuer to conduct a hard credit inquiry. If the issuer gives you an automatic increase, only a soft inquiry, if any, will be performed. …
