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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

PPP Loan Forgiveness: Which Lenders Are Leading the Pack?

All lenders are interested in knowing how their portfolio stands up against that of their competitors, but obtaining this type of competitive intelligence is usually difficult. We examined the performance of lenders’ small business portfolios in 2020 using Paycheck Protection Program (PPP) loans as a proxy. Continue reading to see the top 50 rankings. A … Read more

What Interest Rate Can I Get with a 790 Credit Score?

The product affiliate links on this page come from partners who pay us; for more information, see our advertiser disclosure that includes our list of partners. However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Interest rates for the most popular 30-year fixed mortgage averaged around 6. 52% … Read more

Is an Overdraft More Expensive Than a Loan? A Comprehensive Guide to Borrowing Money

Both overdraft protection and credit cards are, essentially, personal lines of credit. They advance you money which you must repay, often with interest. Generally speaking, choosing a credit card or overdraft protection depends on a number of factors, including the associated fees and how you use the available credit. Deciding between an overdraft and a … Read more

Your 847 FICO® Score: A Sign of Near-Flawless Credit Management

While achieving a perfect 850 credit score is rare, its not impossible. About 1. 3% of consumers have one, according to Experians latest data. FICO scores can range anywhere from 300 to 850. The average score was 714, as of 2021. According to Experians most recent analysis, those few who do manage to attain perfect … Read more

Do Lenders Follow Up After Closing? A Comprehensive Guide

Can the lender demand full payment on your property if you work a full-time job now and intend to retire in the near future and the retirement is discovered later? Or, let’s say you expect a job change but don’t know exactly when this will occur. Just how long is the information stated on your … Read more

What Happens If You Keep Applying for Credit Even Though You Get Declined?

We are an independent, advertising-supported comparison service. Our objective is to empower you to make confident financial decisions by giving you access to interactive tools and financial calculators, publishing original and unbiased content, and allowing you to conduct free research and information comparisons. Issuers that Bankrate has partnerships with include American Express, Bank of America, … Read more

Does Your Credit Score Go Up When a Hard Inquiry Drops Off?

No, your credit score does not go up when a hard inquiry drops off your credit report. It also won’t go down when a hard inquiry drops off. Instead, a hard inquiry (or hard credit pull) stops impacting your credit score after one year, which is one year before it drops off your credit report. … Read more

Is a $2,500 Credit Limit Good?

What’s considered a “good” credit limit depends on a few key factors. If youre just starting out, a good credit limit for your first card might be around $1,000. Your credit limit may rise to $5,000, $10,000, or more if you have a strong credit history, consistent income, and a high credit score. This is … Read more

What Does Final Balloon Payment Mean? A Comprehensive Guide to Understanding Balloon Mortgages

A balloon mortgage allows you to enjoy low monthly payments for several years — with a big catch. Your final payment amount “balloons,” which could result in a bill that is significantly more than what you have been paying. If you understand the risks and unusual features of a balloon mortgage, this loan type can … Read more