Personal Finance

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APR vs. APY: Understanding interest rates

Key takeaways Both APR and APY refer to interest rates but the terms have different…

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Guide to getting your first credit card while in college

Key takeaways Before pursuing a student credit card, check your credit score, carefully research cards…

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Should you use vacation loans to cover travel expenses?

Key takeaways Vacation loans can help pay for a trip's expenses, but they should only…

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How to find fixed-rate credit cards

Key takeaways Unlike variable-rate credit cards, fixed-rate credit cards come with set interest rates that…

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What to do when your balance transfer is denied

Key takeaways An issuer may reject your application for a balance transfer credit card if…

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Upstart vs. SoFi: Which offers better personal loans?

JGI/Tom Grill/Getty Images Key takeaways Upstart is best for consumers with less-than-perfect credit. SoFi is…

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How Are Fixed Annuities Taxed?

Fixed annuities are popular for their stability and guaranteed returns, but it’s important to understand…

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Higher rates to linger, Fed may make cuts in September

The Federal Reserve announced plans on Wednesday to keep the federal funds rate range at…

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Biweekly mortgage payments: What they are and how they work

Brian Goodman/Shutterstock Our writers and editors used an in-house natural language generation platform to assist…

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How does cash back work?

Key takeaways Cash back cards give you back a certain percentage of your qualifying spending…

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