In the halls of Congress, an attempt to simplify can often lead to unintended consequences. That’s one concern with the Student Success and Taxpayer Savings…
Image by GettyImages; Illustration by Bankrate Imagine your credit score suddenly dropping by 63 points. For more than four million federal student loan borrowers, that’s no nightmare. It’s a wake-up call. In fact, a 63-point…
EmirMemedovski/Getty Images If you’ve ever loaned a car to a friend — maybe one with a less-than-perfect driving record — you may have wondered how car insurance applies when a non-owner gets behind the wheel. Generally, car insurance follows the car, not the driver. But there are a few exceptions,…
Key takeaways A conditional approval for a mortgage indicates a lender intends to give you a loan, but requires some additional information before doing so. This might include the results of an appraisal, a down payment gift letter or proof of homeowners insurance. Conditional approval comes after prequalification or preapproval,…
Key takeaways Texas has the highest car loan balance of $7,920. While vehicle expenses vary across the country, drivers can still work to secure a competitive rate by improving their credit and comparing different lenders, Vehicle affordability is still a challenge for many drivers and has resulted in more auto…
Key takeaways Even after you’ve paid off your home, you can still borrow against your home’s equity. There are several ways to tap your equity when you’re mortgage-free, including with a home equity loan, HELOC or cash-out refinance. It can be easier to qualify for a loan on a paid-off…
Editor's Picks
Personal Finance
More Articles
Dept Management
Markets
More Articles
Small Business
More Articles
Euro Pacific Asset Management Chief Economist Peter Schiff voiced some criticism of the Federal Reserve and sounded the alarm about the economy during an appearance Wednesday on “The Claman Countdown.” Schiff’s comments on the show…
