Personal Finance News
Stay ahead of the curve with the latest personal finance news. Our team of financial experts curates the latest news, trends, and analyses impacting your money. We’ll keep you informed on the stories that matter most to your financial well-being.
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Survey Finds Majority of Americans are Struggling to Reduce Debt Amid Coronavirus Crisis
If it weren’t already clear that the COVID-19 pandemic was hitting Americans in their pocketbooks, the latest edition of a financial literacy poll once again highlights some of the struggles consumers are having. The survey (conducted by Harris Poll) asked 2,000 U.S. adults about their current financial situation and what factors were impacting them. Headlining…
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Life After a Pandemic: Americans Weigh in on Potential Financial Changes
With more and more states moving toward phased reopenings, how are taxpayers feeling about potential life after the pandemic — and what financial and lifestyle changes do they anticipate? That’s what a new survey from the site WalletHub aimed to answer. One major change that the current crisis could inspire is a move to more…
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14% of Americans Report Tapping Retirement Savings During Crisis
During a time when most Americans are adapting to a “new normal,” they may also be making adjustments to their finances — including to funds they’d normally set aside for retirement. As part of the CARES Act, workers can now borrow a larger portion of their retirement savings (the lower of 100% or $100,000 versus…
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62% of Americans Say the Current Crisis Has Hurt Their Finances
It’s no secret that the COVID-19 pandemic is taking a toll on the financial security of many Americans. Now a new survey by Quicken shows just how far-reaching and diverse those impacts have been. First, 62% of people have seen the current crisis either “severely” or “somewhat” negatively affected their personal finances — with 21%…
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Credit Bureaus Currently Offering Weekly Online Report Checks
With the COVID-19 pandemic not only taking a toll on the health of citizens but also on their finances, this week it was announced that Americans will have greater access to their credit reports for at least the next year. From now through April 2021, consumers will be able to obtain their official credit reports…
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Study Calculates “Taxpayer ROI” for Every State
Under normal circumstances, today (April 15th) would be Tax Day in the United States of America. However, with the COVID-19 pandemic all but shutting down the economy, this year’s filing deadline has been moved to July 15th instead. Still, in the spirit of tax season, the personal finance site WalletHub recently compiled a study on…
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Select Auto Insurers are Crediting Customers Due to COVID-19 Impacts
With most Americans currently under a state or local shelter-in-place order, a majority of individuals are driving far less than they normally would. On top of that, with non-essential businesses being forced to close in several states, unemployment and other financial hardships are on the rise. Therefore, in a bid to offer some assistance and…
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Apple Card to Allow Some Users to Skip March Payments Amid COVID-19 Pandemic
It has been a historic week in the United States as the country attempts to curb the spread of the novel coronavirus known as COVID-19. Beyond the health risks that this virus presents, the pandemic has also had an impact on the U.S. economy as several businesses are being forced to closed or have events…
