banks
How Much Money Should You Keep in Your Checking Account?
Your checking account is held at a bank or credit union that allows withdrawals, deposits, and payments. The money in a checking account is liquidâmeaning you can retrieve it or spend it immediately. Many checking accounts are free and are great for everyday spending, automatic bill payments, and ATM withdrawals. Having a checking account gives
The post How Much Money Should You Keep in Your Checking Account? appeared first on MintLife Blog.
How to cancel a credit card (without killing your credit score)
I have a credit card I’d like to cancel, but I don’t know if I should. I’m afraid it’ll hurt my credit score. Today I’m going to walk you through in real time as I evaluate this decision. Then I’m going to explain how to cancel a credit card, no matter why you want to do so.
I normally don’t pay much attention to my credit score. I know that it ranges between 800 and 820, so I don’t worry about it. With a score like that, I’m considered to have “exceptional credit”, and that’s good enough for me. (Kim’s very proud that she has a higher credit score than I do, by the way.)
That said, for the past several years I’ve been carrying a credit card that I don’t want or need. It’s a Chase British Airways card that I signed up for in 2011. It’s a fine card, but I never use it because I have better ones. My primary credit card right now is the Chase Sapphire Reserve, which I use for 99% of my personal credit transactions.
Basically, I’m paying $75 per year — the British Airways card’s annual fee — for nothing…except to maintain my credit score. I don’t like it. I’d rather cancel the card and take a temporary hit to my credit. But is it bad to cancel a credit card? And if it’s bad, how bad is it?
I’ve decided to document the process! Let’s find out together.
How to Read a Financial Aid Award Letter
Our guide helps you make sense of your financial aid award letter. It’s essential reading before you compare options and decide on a college.Our guide helps you make sense of your financial aid award letter. It’s essential reading before you compare options and decide on a college.
The post How to Read a Financial Aid Award Letter appeared first on Money Under 30.
Chopra: Let’s revisit ‘byzantine’ regulatory regime for home appraisals
Regulators are gearing up to take a closer look at the “byzantine” regulatory structure overseeing the real estate appraisal profession. During a hearing on appraisal bias on Tuesday morning, Consumer Financial Protection Bureau Director Rohit Chopra turned the spotlight on the profession’s rulemaking entity: the Appraisal Foundation Chopra noted that the small nonprofit writes the … [Read more…]
Small lenders face onslaught of agency loans returned to sender
For already struggling small lenders, Fannie and Freddie loan repurchase requests are another slice in what one market observer calls âdeath by a thousand cuts.â
Should You Get a VA Refinance?
Because of the upheaval caused by the current COVID-19 pandemic, now is the ideal time to apply for a Veterans Affairs (VA) refinance on your VA mortgage.
The post Blog first appeared on MilitaryVALoan.com.
Cash App Review: Is it a Safe App to Send and Receive Money?
The post Cash App Review: Is it a Safe App to Send and Receive Money? appeared first on Well Kept Wallet.
6 Tips for Buying the Best Used Electric Cars Under $20K
Following the COVID-19 pandemic, the new and used car market has been tumultuous, with unprecedented price hikes and major supply shortages reaching a crescendo in 2022. With some new car models taking months to order, many drivers have turned to used vehicles â but even those have been hard to come by. At the same […]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
The 8 Best Robo-Advisors of 2023
Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. Robo-advisors are growing increasingly popular, especially with Millennial and Gen Z investors, as an alternative to traditional portfolio management. But not all robo-advisors are created […]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.