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Top 10 Personal Finance Articles of the Month — June 2021
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. To start things off this month, we'll look at frugality in many forms. Then, we'll explore remote working and nomadism, including lessons learned from these lifestyles. Finally, we'll cover investments, milestones, credit card bonuses, and more. As usual, this month’s list includes a couple of...
FinTech News
Robinhood Officially Files for Initial Public Offering
After previously confidentially submitting a draft registration statement in March, this week, Robinhood made it official, announcing its plans to go public. The number of shares Robinhood plans to issue and the price range they'll be targeting have yet to be determined. What is known is that the FinTech will list on the Nasdaq under the ticker symbol $HOOD. One interesting note in Robinhood's filing is that the company plans to...
Credit Score Tips
Are Credit Reports the Same as a Credit Score?
For as much as we hear about credit in general, many Americans are less aware of the specifics. A key example of this is that the terms “credit report” and “credit score” are used interchangeably despite being separate things. In fact, this misconception could lead consumers to ignore an important aspect of their credit that could be hurting them in the long run. If you have questions about credit reports,...
Credit Card News
American Express Adds Benefits to Platinum Card, Raises Annual Fee
One of the top-tier premium cards in the United States just got a little more premium. This morning, American Express officially announced a refresh for its popular Platinum Card. These changes include a slew of new benefits alongside a change in price for the product. Starting with the biggest news, the Platinum Card from American Express will now carry an annual fee of $695. This is up from the previous...
FinTech News
Credit Sesame Adding Credit Building Abilities to Debit Card Product
For years, building credit has been a bit of a Catch-22, in that establishing credit first requires consumers to obtain credit. This reality is something that several FinTechs have taken note of, with a growing number now offering their own solutions. The latest platform to take a swing at addressing this issue and leveling the playing field is Credit Sesame, which is rolling out a credit building feature for debit...
Personal Finance
BNPL Platform Afterpay Rolls Out Pulse Rewards to All Customers
Love them or hate them, "buy now, pay later" (BNPL) options have exploded in recent years. Services such as Klarna, Affirm, Quadpay, and others allow consumers to finance purchases without paying interest, provided that they pay off the balance within a few weeks. Now, one BNPL platform is rolling out a rewards program to its customers. As of June 29th, all Afterpay customers will be able to opt into the...
FinTech News
