You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide…
Elon Musk’s net worth is now doubling the next closest billionaire in the rankings of the world’s wealthiest people amid a surge in Tesla stock. The Forbes Real-Time Billionaires List showed that as of Thursday afternoon,…
Key takeaways Leasing an electric vehicle (EV) allows you to test out the driving experience without committing to full ownership. A lease will often have a lower monthly payment than an auto loan, and some leasing companies will offer an upfront discount that covers the federal tax rebate. Buying an…
Key takeaways Secured auto loans are the most common financing option for borrowers looking to purchase a vehicle. These types of loans tend to offer larger loan amounts and more competitive interest rates compared to unsecured auto loans. In most cases, a secured auto loan is the right move. A…
Key takeaways Access to credit is tightening for all consumers, but particularly for consumers with subprime credit scores of 699 or lower. Both new and used vehicle prices remain high, and approvals for subprime borrowers have declined since the first quarter of 2025. Pre-tariff inventory is declining, and vehicles manufactured…
To pay off holiday credit card debt fast, you should prioritize high-interest debt using the “Avalanche Method.” In addition, increase your payment frequency to weekly/bi-weekly instead of monthly and immediately apply financial windfalls like tax refunds to your principal. Combining these steps with a strict 2026 budget and professional credit…
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Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott Bessent indicated that Americans can expect real affordability relief soon while forecasting meaningful progress on everyday prices, wages and housing…
