Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
At Fioney we stay on top of the latest economic trends, financial products, and money management strategies in order to provide the knowledge to help you use the money you have today to live the life you want.
Learn to make your money work for you. Whether it’s getting debt free or buying a home we have you covered.
Personal Finance
Personal Finance
Galileo Introduces Post-Purchase BNPL Solution for Banks
Galileo is bringing new purchase financing options to a variety of card customers. About the feature: The FinTech Galileo (which is owned by SoFi) has announced an expansion of its "buy now, pay later" platform. Now, banks and fellow FinTechs can enable a post-purchase installment plan option for debit and credit cardholders. This joins a more traditional pre-purchase BNPL feature. These options are now available via an API. According to...
Personal Finance
Experian Boost Review: How Does it Work? Is it Worth it?
Building credit has long been a Catch-22 as getting approved for credit often means already having credit established. Luckily for consumers, in recent years there have been a few innovations that have addressed this issue in different ways. One such option is Experian Boost, which comes from Experian — one of the three major credit bureaus in the United States. While you may have seen the ads for the service...
Personal Finance
Survey: 45% of Americans Rely on Credit Amid Inflation
A new survey highlights the link between continued inflation and how Americans are using credit. About the survey results: According to a Debt.com survey of 1,000 U.S. adults, a significant number of consumers are currently relying on credit. In fact, 45% of respondents cite inflation and price increases as the reason for their credit usage. Furthermore, 35% say they've maxed out their cards in recent years as a result of...
Personal Finance
Apex FinTech Solutions Acquires AdvisorArch
Apex FinTech Solutions, which provides clearing services and other solutions, has announced its latest acquisition. About the acquisition and AdvisorArch: Today, Apex FinTech Solutions revealed that it had acquired AdvisorArch — a company that Apex has partnered with since 2023. Terms of the deal were not readily disclosed. According to Apex, the acquisition will allow it to strengthen its platform and expand its digital advice tools. For example, it notes...
Personal Finance
Oxygen Ending Banking Services, Pivoting to Health Solutions
The business and consumer neobank Oxygen has announced a "temporary" exit from banking services. About the closure: Oxygen has announced that it will be "pausing banking" and will shut down its current accounts. First, as of today, the Total Rewards Program will be discontinued. Effective March 16th, users will no longer be able to deposit money into their Oxygen account. Then, on March 21st, services such as Round Up Spare...
Personal Finance
A Guide to Building Credit and Increasing Your Credit Scores
When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...
Personal Finance
