Advice & News
An individual retirement account, or IRA, is one of the most popular ways to save and invest money because of its tax benefits and advantages.When you contribute to your IRA, you’re adding money to your account that’s used to purchase investments like stocks, mutual funds, and bonds. The accountholder can withdraw money from their IRA […]
You may have seen the commercials with iconic actor Samuel L. Jackson promoting a credit card in a variety of situations. Like Jennifer Garner in similar commercials, he remains calm and unruffled as he describes the no-frills card with a straightforward cash back rewards program.The most recent commercial features Samuel L. Jackson walking through a […]
Some consumers hold multiple credit cards for a variety of reasons. For example, you might open multiple credit card accounts to take advantage of different rewards programs. It’s not uncommon to have both a travel card and a cash back card.Or, others might want access to more credit or want to earn multiple sign-up bonuses.Regardless of the reason, […]
The Citi/AAdvantage Executive World Elite Mastercard is a popular airlines credit card that includes membership benefits like Admirals Club Membership at more than 50 lounge locations around the world.Other Citi/AAdvantage perks include priority check-ins, screening and boarding privileges, and the opportunity to earn double AAdvantage Miles for every $1 spent on eligible purchases with American Airlines. […]
There are seemingly endless good credit card options on the market today and they all have similar eligibility requirements. There are, of course, small differences for each application, but at a minimum, credit card issuers typically approve credit card applicants based on their income, credit score, and debt.How you stand financially should influence which credit […]
SoFi is a unique lending institution – and not just because it is completely digital. The company believes in taking the cost efficiencies created by avoiding brick and mortar branches and passing those savings down to its members.In addition to low borrowing rates, SoFi offers benefits like personal financial and career counseling as well as […]
Peer-to-peer lending is a relatively new online platform for borrowers and investors. These types of lending platforms remove the barrier of the traditional financial institution from the lending process and directly match borrowers with investors.Peer-to-peer lending provides new investment opportunities for the market while creating quick and easy borrowing options. Prosper was the first peer-to-peer […]
Peer-to-peer lending has become an increasingly common way for people to get funding. Through this method, people receive money from other individuals through a centralized platform instead of from a financial institution. LendingClub was one of the original leaders in this industry. Today, there are an increasing number of LendingClub competitors for personal loans and […]
When Michigan students apply for financial aid, they go through a specific process. The crucial step is to complete and file the Free Application for Federal Student Aid (FAFSA) as soon as possible. The FAFSA is used by all colleges to determine eligibility for state and federal financial aid, as well as the Expected Family […]
Graduating from college and receiving a bachelor’s degree is as exciting a time as ever, but for many, the excitement is soon tempered by the uncertainty of the future. Will I find a job that suits me? Will I earn enough money to do things like start a family or purchase a home? Questions like these […]