You’ve heard about it often enough, most likely when choosing a 401(k) investment, but compound interest can multiply your money. The name of the game…
Key takeaways Popular assumptions about credit and repayment are often wrong. Interest rate changes do not affect loan payments as much as you might think. Student loan consolidation and refinancing your student loans aren’t always…
This is part 2 of 2 of Bankrate’s ’90s era lessons miniseries, focusing on loans. Key takeaways When it comes to applying for any type of loan, preparation is key. Improving your credit, lowering your DTI and decreasing the amount you need to borrow can help you qualify for a…
Images by Getty Images; Illustration by Bankrate Key takeaways Federal student loans may be transferred to the Small Business Administration if Congress gets on board with President Donald Trump’s order to shut down the Department of Education. Student loan terms will stay the same, for now. The transitions could cause…
President Donald Trump on Monday continued his criticism of Federal Reserve Chair Jerome Powell, calling him a “major loser” and saying the central bank should make “preemptive cuts” to interest rates. “‘Preemptive cuts’ in Interest Rates are being called for by many,” Trump wrote in a post on Truth Social.…
China has threatened to take countermeasures against any country that strikes trade deals with the U.S. at Beijing’s expense. China’s Commerce Ministry issued the warning in a statement on Monday in the latest round of rhetoric surrounding the trade war between the world’s two biggest economies.”China firmly opposes any party…
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Netflix co-CEO Gregory Peters isn’t concerned about the on-demand streaming service despite growing concerns about the economy, saying that the entertainment industry has proven to be “resilient” in tough periods. “We also take some comfort…
