What is a personal line of credit?

What is a personal line of credit?

A personal line of credit is a type of revolving credit that can be used to cover expenses like home renovations. Here’s what you need to know before applying.

A personal line of credit is a type of revolving credit that can be used to cover expenses like home renovations. Here’s what you need to know before applying.

Fed prepared to raise interest rates if inflation continues to surge

Fed prepared to raise interest rates if inflation continues to surge

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Democrats push Biden to cancel student loans after House passes Build Back Better

Democrats push Biden to cancel student loans after House passes Build Back Better

Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.

Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.

Expanded child tax credit would permanently reduce child poverty, CBPP finds

Expanded child tax credit would permanently reduce child poverty, CBPP finds

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.

Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows

Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

Getting life insurance while you're young and healthy can save you thousands

Getting life insurance while you're young and healthy can save you thousands

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

College costs have risen at nearly 5x the rate of inflation, report finds

College costs have risen at nearly 5x the rate of inflation, report finds

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

Student loan payments restart in February, but survey finds 89% of borrowers aren't ready

Student loan payments restart in February, but survey finds 89% of borrowers aren't ready

About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.

About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.