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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Sanders, Ocasio-Cortez Suggest Interest Rate Cap on Credit Cards
A 2020 presidential hopeful and a popular Congressional freshman have announced that they’re teaming up to take on the credit card industry. Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez announced last week that they’ll be introducing legislation to cap credit card interest rates at 15%. Not surprisingly, as USA Today reports, the plan has been…
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Congress Reintroduces Bill to Fine Credit Bureaus for Data Breaches
Back in 2017, Equifax — one of three major credit bureaus in the United States — experienced a massive breach. As a result an estimated 147 million Americans saw private data exposed, making them vulnerable to identity theft and other dangers. And while the fallout from this event has led to some changes, such as…
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Survey Finds Foreign Transaction Fees May Surprise Majority of Cardholders
When considering a new credit card it’s likely that consumers will evaluate some of the various perks, including cash back, airline miles, and more. However an emphasis on these benefits may cause them to overlook certain fees — especially if they don’t believe such costs will affect them. Considering that a new report from the…
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Telecom T-Mobile Launches Mobile-First Checking Account for All
Over the past few years, a lot has changed in the world of mobile service plans. From the dismantling of subsidized devices, the fall and subsequent return of unlimited data, and the bundling of streaming services into mobile plans, U.S. carriers have continually worked to find ways to one-up each other while also increasing profits.…
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Study Finds Cheapest and Most Expensive Car Insurance States
For years television advertising has been inundated with spots from car insurance commercials, each claiming to save Americans the most amount of money. Setting aside the fact that not every company can be the cheapest, one major factor in your rates is simply where you live. With that in mind, the personal finance site WalletHub…
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Americans are Spending More on Credit Card Interest
In the world of personal finance, credit cards have been a divisive subject. While there are sites dedicated to the benefits of credit cards including travel rewards and cash back, there are those (perhaps most notably Dave Ramsey) who rail against such products because of the high interest rates they carry. Now the latter group…
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Apple Officially Announces Apple Card Credit Card
Well, the rumors were true: Apple will soon offer their own twist on a credit card. This week the Cupertino-based company — in partnership with Goldman Sachs and Mastercard — officially announced Apple Card. With an emphasis on financial health, unique perks, and of course a new level of Apple Pay integration, the new card…
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Ameritrade Survey Finds Many Investors Lack Knowledge of Retirement Accounts
How much do you know about your retirement accounts? Even if you contribute to an employer-sponsored 401(k) or even a traditional IRA, chances are you still might not be familiar with all of the rules, requirements, or fees that come with them. To prove this point, recently Ameritrade interviewed 1,006 U.S. adults over the age…
