Based on the investment banks’ estimated salaries for first-year analysts—bankers hired shortly after receiving their undergraduate degree—we have ranked the top ten highest paying investment banks. Furthermore, Goldman Sachs isn’t even among the top 5 investment banks on the list; it’s not the highest paying one. So you’re curious about which banks are shelling out … Read more
You may be wondering, “Can I refinance my mortgage and auto loan at the same time?” It is possible to do so, but you should carefully weigh your options before doing so. You may want to do so to save money or to take advantage of lower interest rates. If a driver rolls over their … Read more
While TransUnion and Equifax are both major credit reporting bureaus, there are differences between the two. If you pull your Equifax and TransUnion credit reports, your credit scores from these bureaus may vary. This guide looks at the main differences between Equifax’s and TransUnion’s credit score calculation algorithms to help you understand why these scores … Read more
You have a bank account with an overdraft facility, just like most people do. But how does using an arranged overdraft impact your mortgage application? We are currently in a cost of living crisis and being in your overdraft has become more common. Your application for a mortgage will be based on your debt-to-income ratio … Read more
When purchasing a home, a subordination, non-disturbance, and attornment agreement (SNDA) is frequently included in the contract. Although it’s a long title, it’s not too complicated to understand what the contract does. SNDAs are standard in lease agreements and establish the relationship between a landlord’s lender and a tenant. It also outlines each party’s responsibilities … Read more
Owning a car does come with its unique set of privileges. You reserve the liberty to cruise along the highways for long drives with your family. If you are already retired, you should carefully consider your financial situation before making a new car purchase. In fact, financing a car during retirement is a bad idea. … Read more
One percent of your entire loan amount, or $1,000, is what is known as a mortgage point. For instance, on a $100,000 loan, one point would be $1,000. The act of “buying down” your interest rate involves choosing to pay mortgage points in advance in exchange for a lower interest rate and monthly payments. Mortgage … Read more
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
To put it briefly, Fair Isaac Corporation, or FICO, generates a range of credit scores that are utilized by creditors, credit card companies, and lenders. Your FICO® scores, which normally range from 300 to 850, may have an impact on the terms and rates you are offered as well as the acceptance of your credit … Read more
As the name implies, a platinum credit card is one that offers greater prestige and perks than a gold or standard credit card. Credit cards are valued according to the same principles as precious metals! A platinum card is valued higher than a gold card, just as a platinum ring is worth more than a … Read more