Finance and Wealth

Bask Bank Review: Great Rates on Savings and CDs

Did you know that earning airline miles with a bank account is possible? It’s true. With Bask Bank, you can choose between earning a high-interest rate or American Airlines miles on your savings account deposits. You also won’t pay any service fees to use Bask Bank. But how does Bask Bank stack up against other online banks, like Discover, Chime, or Ally? In this Bask Bank review, I’ll cover the key features, pros and cons, and let you know who Bask Bank is best suited for. Table of ContentsWhat Is Bask Bank?Who Can Join Bask Bank?Bask Bank FeesBask Bank Account…

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April 29, 2023

Fizz Debit Card Review: A Credit Builder for College Students

If you’ve struggled with poor credit or are completely new to credit, you know how hard it can be to build a strong credit score. The lenders who offer the best credit products and the lowest interest rates seem only to want to deal with clients with excellent credit. But how do you build credit without debt? To help, an increasing number of fintech companies are developing credit-builder loans and other products to help people establish or rebuild their credit. Some are more successful at it than others. In this Fizz review, I’ll explain how one company aims to help…

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April 29, 2023

Add a Child as an Authorized User to Build Credit

One of the ironies of credit is that it’s hard to establish. Credit card companies won’t give you a card if you don’t have good credit and you can’t build credit unless you get a credit card. To get around this, you forced to use sub-optimal credit cards, like a store branded credit card or a student credit card, until you build credit. The rewards aren’t as good, the fees may be slightly higher, and your credit limit will be small. It’s a minor inconvenience but what if there was a better way? There is and it’s something I plan…

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April 19, 2023

Any Banks Offering 7% Interest on Savings Accounts Now?

As rates creep upward, in part because of the Federal Reserve raising interest rates, we’re starting to talk about how savings accounts may one day offer 7% APY. Is that day today? As of April 5th, there isn’t a single bank that offers 7% APY on a savings account. The highest we’ve seen is in the 5% range. There is, however, one credit union but there is a big catch. Table of ContentsLandmark Credit Union – 7.50% on up to $500UFB Preferred Savings – 5.02% APY When Will We See 7% Interest Savings Accounts?Watch CD Rates for Clues Landmark Credit…

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April 5, 2023

Best Credit Cards for FICO Credit Scores Between 500 – 599 

If your FICO credit score is under 600, trying to borrow money can feel like a hopeless situation. After all, a low credit score can affect your ability to obtain a standard credit card, car loan, or mortgage. It doesn’t make those things unattainable; however, it will limit your options when it comes to the type of credit card or loan you may be trying to get. The higher your credit score, the better the rates and rewards will be. The good news is that there are credit cards available even if you struggle with poor credit. Table of ContentsBest…

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March 30, 2023

The Best Credit Score Apps for Monitoring Your Credit

Credit score apps make it easy to keep track of your credit from your smartphone or tablet. In addition to regular credit reporting, many credit score apps come with added features, like budgeting and credit-building tools, identity theft protection, and more. But not all credit score apps were created equally. Some of the apps allow you to check your credit score for free, while others charge a fee, and that’s an important distinction. How do you know which credit score app is right for you, and is it worth spending money every month to get your credit score? Below is…

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March 15, 2023

How to Lower Your Credit Card Interest Rate

With credit card interest rates on the rise, you may be wondering how to lower your credit card interest rate, or if it’s even a possibility.   The interest rates of many popular credit cards are now hovering close to 30%. According to this Forbes article, the average credit card balance in 2022 was roughly $6,000.  Taking that balance and pairing it with a 28% interest rate would take you ten years to pay off that card if you made a payment of $149 each month, but if you can whittle the rate down to just 8%, you can pay…

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March 15, 2023

Marcus vs. American Express Savings: Which Is Better?

If you’re looking to get the best interest rate on your short-term savings, your best option is likely an online high-interest savings account. But with so many options, it can be hard to decide where to place your money. The Marcus Online Savings account and the American Express Online Savings account are popular options. Both offer attractive interest rates and no monthly fees. But while you can’t really go wrong with either account, I’ve created a head-to-head comparison to help you determine which is better for your money. Table of ContentsMarcus vs. Amex Savings: Key FeaturesSummary of FeaturesAmerican Express Online…

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January 24, 2023

Tradeline Supply Company Review: A Good Way to Build Credit?

One way to improve your credit score is to be added as an authorized user on another person’s credit account(s). But what if you don’t have another person with good credit to be added as an authorized user? That’s where Tradeline Supply Company comes into the picture. It is a service that enables you to purchase authorized user access on accounts of individuals with good credit. It can temporarily increase your credit score to help you get approved for a loan elsewhere. In this Tradeline Supply Company Review, I’ll explain how it works, the pros and cons, and let you…

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January 23, 2023

How to Remove Hard Inquiries from Your Credit Report

Anytime you apply for a new credit product, the lender submits what’s known as a hard inquiry to the credit bureau. But too many hard inquiries can negatively impact your credit score. Unfortunately, the problem can be compounded by unauthorized or fraudulent hard inquiries. Thankfully, there is a way to have some hard inquiries removed from your credit history. In this article, we’ll show you how to remove a hard inquiry from your credit, which ones you can remove, and more. First, let’s take a closer look at how credit inquiries work. Table of ContentsWhat Is a Hard Inquiry? Hard Inquiry…

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December 16, 2022

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