Credit

A credit score is an indicator of your reliability as a borrower - here's how it's calculated and why it's so important

A credit score is an indicator of your reliability as a borrower – here’s how it’s calculated and why it’s so important

Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Your credit score is a three-digit numerical representation of your credit history …

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Dear credit card issuers: please stop with the wave of niche perks and give me a decent perk instead

Dear credit card issuers: please stop with the wave of niche perks and give me a decent perk instead

Insider experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. I would trade $800 in Chase Sapphire Reserve benefits for a $50 …

Dear credit card issuers: please stop with the wave of niche perks and give me a decent perk instead Read More »

Mexico: COFECE investigates the market for services related to credit card transactions

Mexico: COFECE investigates the market for services related to credit card transactions

In short On October 27, 2022, the Commission of Inquiry of the Federal Commission for the Economy (COFECE) published a notice of initiation of an investigation into the marketing of services related to credit card transactions in the form of deferred payments with months irrelevant (market under investigation) due to alleged absolute monopolistic practices (or …

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3 reasons to start holiday shopping before Black Friday

Dave Ramsey’s best advice for ditching your credit card as debt hits record highs

Image source: Getty Images As inflation soared, consumers took on more and more credit card debt to get by. Total credit card debt in the United States hit $930 billion in the third quarter of this year, the highest amount since 2019. That debt is also getting much more expensive as interest rates just hit …

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'This situation is unprecedented': 10 crazy things detailed in FTX's bankruptcy filing

‘This situation is unprecedented’: 10 crazy things detailed in FTX’s bankruptcy filing

On Thursday, John Ray, III, the new CEO of FTX, filed a long-awaited statement in US bankruptcy court, giving a sober assessment of the collapse of Sam Bankman-Fried’s crypto empire. The bankruptcy court filing followed a whirlwind of events, including the publication of explosive texts that Bankman-Fried sent to a Vox reporter earlier this week. …

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This State Has the "Best" Personal Finance Education in the U.S.

This State Has the “Best” Personal Finance Education in the U.S.

Financial literacy is key to managing money, but how well are states preparing their residents? Tennessee tops the list of US states that offer the best financial education to its residents, according to a new report from financial services firm OneMain Financial. More than 99% of Tennessee public high school students have a “gold-access” education, …

This State Has the “Best” Personal Finance Education in the U.S. Read More »

This State Has the "Best" Personal Finance Education in the U.S.

This state has the best personal finance education in the US – you can tell by its average credit score

Financial literacy is key to managing money, but how well are states preparing their students? Tennessee tops the list of US states that offer the best financial education to its residents, according to a new report from financial services firm OneMain Financial. More than 99% of public high school students in Tennessee have what is …

This state has the best personal finance education in the US – you can tell by its average credit score Read More »

This State Has the "Best" Personal Finance Education in the U.S.

This state has the best personal finance education in the US – you can tell by its average credit score

Financial literacy is key to managing money, but how well are states preparing their students? Tennessee tops the list of US states that offer the best financial education to its residents, according to a new report from financial services firm OneMain Financial. More than 99% of public high school students in Tennessee have what is …

This state has the best personal finance education in the US – you can tell by its average credit score Read More »

Here are the credit score oddities to know before applying for a loan

Here are the credit score oddities to know before applying for a loan

Dear Liz: I’ve been reading your Money Talk column for years and it seems like about a third of the questions are about credit scores. Why are people obsessed with their FICO score? I didn’t know my score until recently when my bank accounts started showing my score when I’m online. I’m 65 and have …

Here are the credit score oddities to know before applying for a loan Read More »

The new bull market will be led by the stocks of these three industries.  Tech and the FAANGs will fall by the wayside

The new bull market will be led by the stocks of these three industries. Tech and the FAANGs will fall by the wayside

We do not yet know if the recent rally triggers a new bull market in equities. But here’s a sure bet: once the new bull market is here, entirely different groups will lead. It will be with the old – think of the FAANGs – and with the new. To find out which new sectors …

The new bull market will be led by the stocks of these three industries. Tech and the FAANGs will fall by the wayside Read More »