PeopleImages/Getty Images Key takeaways Simple interest is not compounded. Instead, the interest on a simple interest auto loan is based on the principal amount rather…
JohnnyGreig/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Conventional loans are mortgages that aren’t guaranteed or insured by the U.S. government. They’re the most popular kind of mortgage, available from virtually all types of lenders,…
Key takeaways While the Chase Sapphire Reserve® offers a range of lucrative benefits, its 50% rewards boost for travel redemptions is a significant perk. This benefit helps users get 50% more value for each point redeemed for airfare, hotel stays, car rentals and other travel. In order to get 50%…
Key takeaways Both the Mission Lane Visa® Credit Card and the Petal® 1 Visa® Credit Card are designed to help you build or rebuild your credit. The Mission Lane Visa card is a no-frills card with an annual fee that can cost you $0 or all the way up to…
Key takeaways Wyndham Rewards members can earn points by staying at Wyndham properties, shopping with Wyndham partners, making purchases with an eligible credit card and more. Members can redeem points for things like free and discounted stays at Wyndham locations around the world, transfers to airline partners, local tours and experiences, tickets to live sporting events and…
Images by GettyImages; Illustration by Jessa Lizama/Bankrate Key takeaways Federal student loans are, for many students, the best option for covering postsecondary education and related expenses. With fixed interest rates, clear grace periods and forbearance options, federal loans offer predictable repayment schedules. Some borrowers may even qualify for loan forgiveness…
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Options are an increasingly popular way for traders to play the market, and it’s no surprise why. Options let you make some big money if you’re right, potentially multiplying your money, perhaps in days or…
