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Is TruStage Auto Insurance Good? An In-Depth Look at Benefits, Costs & More

TruStage insurance offers an accessible auto insurance solution for credit union members who want to handle their banking and insurance needs in one place. But is TruStage auto insurance really a good choice compared to other carriers? In this comprehensive guide, we’ll take an in-depth look at TruStage car insurance to help you decide if … Read more

if i damage my own car can i claim on my insurance

Getting into an accident and damaging your own car can be frustrating and costly. You may be wondering if filing an insurance claim is an option when you are at fault. The answer depends on your auto insurance coverage. Collision and Comprehensive Coverage Pay for Own Damage There are two main types of car insurance … Read more

Is A Personal Loan Tax Deductible?

Taking out a personal loan is one way to access funds for a variety of purposes, from consolidating high-interest debt to financing a large purchase. However, one downside to personal loans is that the interest you pay is not tax deductible in most cases. When Personal Loan Interest Is Tax Deductible While personal loan interest … Read more

How to Claim Insurance for a Car Dent

Finding an unexpected dent or ding on your car can be upsetting. While minor cosmetic damage may seem harmless, repair costs can quickly add up. In many cases, you can file an insurance claim to cover car dent repair costs. Here is a step-by-step guide on how to claim insurance for a car dent. Notify … Read more

What is Tax Deductible Interest on Loans?

As a taxpayer, you are probably always looking for legitimate ways to reduce your tax liability and maximize your tax deductions. Claiming tax deductible interest on certain types of loans is one effective strategy to achieve this goal. Understanding what tax deductible interest is, the types of loans that qualify, deduction limits, and how to … Read more

Amortized Loans vs Simple Interest Loans: Key Differences & Which Is Better for Your Business

When applying for a small business loan, you’ll likely come across two main types: amortized loans and simple interest loans. While both offer fixed interest rates and payments, there are some major differences between amortization vs simple interest that business owners must understand when choosing financing. In this comprehensive guide we’ll explain everything you need … Read more

Do I Need An Appraisal For A Home Equity Loan?

Home equity loans are popular financing options that many homeowners turn to for different purposes. Although home appraisals are usually required to qualify, a full appraisal may not be needed for all loans. It depends on how much you are borrowing, your bank or credit union’s lending criteria, and other factors. Home equity loans allow … Read more

How To Find The Perfect Cosigner For Your Loan

If your credit needs some work, a cosigner could be the difference between your loan application being approved or denied. A cosigner agrees to take on the responsibility of repaying a loan if the primary borrower fails to do so — acting as a safety net for potential lenders. The right cosigner will have an … Read more

Getting a USDA Loan in Georgia: Everything You Need to Know

Did you know that 120 out of Georgia’s 159 counties are rural? This gives plenty of opportunities for people looking to buy a new home in Georgia to apply for a USDA loan. Georgia USDA loans are backed by the US Department of Agriculture and are aimed at giving rural areas a boost with favorable … Read more

Getting a Personal Loan With a High Debt-to-Income Ratio: What You Need to Know

Securing a loan when you already have a high debt-to-income ratio (DTI) can be challenging, but its not impossible. Whether youre looking to consolidate existing debt, fund a major purchase, or cover unexpected expenses, understanding how to navigate the lending landscape with a high DTI is essential. Let’s explore strategies and solutions to help you … Read more

What Is Conditional Approval on a Loan? A Complete Guide for Borrowers

We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence. Bankrate has partnerships … Read more

Do Conventional Loans Require Appraisal?

Appraisals help ensure you’re not overpaying when purchasing a home, although they come with a cost and delay to closing. If youre interested in a conventional loan with no appraisal needed, you might be in luck: Fannie Mae and Freddie Mac both offer appraisal waivers on purchase and refinance loans in certain situations. Conventional loans … Read more

How to Get Preapproved for a Personal Loan in 5 Simple Steps

There are many reasons why you may want to prequalify for a personal loan, such as checking your chances of loan approval and estimating your loan terms without harming your credit score. If you’re considering personal loan prequalification, here’s what you need to know. Getting preapproved for a personal loan can help ensure you qualify … Read more

FHA Loans with 0% Down – A Complete Guide for First-Time Homebuyers

The high cost of making a down payment is one of the biggest obstacles for many first-time homebuyers This is where FHA loans with 0% down can help The Federal Housing Administration (FHA) offers mortgage programs that allow you to purchase a home without making a down payment, While enticing FHA 0% down loans have … Read more