Finance

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

A 7(a) loan is the SBA’s primary program for providing financial assistance to small businesses. It’s the most widely used loan program of the Small Business Administration (SBA) and is named after section 7(a) of the Small Business Act. This act authorizes the SBA to provide loan guarantees to participating SBA lenders, who then work … Read more

The 20/10 rule is a debt management strategy. The rule states that the total amount of debt owed by consumers should not exceed 2020% of your annual take-home pay and the total amount of debt payments made each month should not exceed 2010% of your monthly take-home pay. This general guideline can assist customers in … Read more

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and heres how we … Read more

Fact Checked Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors opinions or evaluations. Banks don’t disclose internal methodologies for determining creditworthiness, and American Express is no different. Asking people who have applied for bank cards which of their credit reports showed a hard inquiry after … Read more

After launching in early 2019, Experian Boost has helped millions of people instantly raise their credit scores. If you’ve heard about Experian Boost®ç and are wondering if it really works, the answer is yes! For the first time, you can use monthly bills for utilities, telecom, rent, insurance, and streaming services to raise your credit … Read more

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and heres how we … Read more

Ever wondered what the mysterious three-digit number on your credit report represents? That’s your FICO score, a powerful tool that can unlock a world of financial opportunities or slam the door shut. Understanding what it is, how it works, and how to improve it is crucial for achieving financial well-being. What is a FICO Score? … Read more

At Experian, one of our priorities is consumer credit and finance education. Although there may be links and references to one or more of our partners in this post, we offer an unbiased viewpoint to assist you in making the best choices. For more information, see our Editorial Policy. Dear Experian,. A Comprehensive Guide to … Read more

Are you struggling with debt and considering a settlement? While it may seem like a quick fix, it’s important to understand the potential tax implications. In most cases, if you save more than $600 through debt settlement, the forgiven amount will be considered taxable income. This means you’ll have to pay taxes on that amount, … Read more