Personal Finance

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Latest Personal Finance News

Do I Have to Worry About Taxes if I Loan a Family Member $45,000?

It’s common for family members to lend money amongst themselves, and many choose to charge less than market interest rates…

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When 1.5% cash back is better than 2%

Key takeaways While a 2 percent cash back credit card with no annual fee is a great option for most…

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Navy Federal Credit Union savings account rates

Logo by Navy Federal Credit Union; Illustration by Hunter Newton/Bankrate Navy Federal Credit Union has one basic savings account option,…

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Inside T.D. Jakes’ $1 Billion Partnership With Wells Fargo

The religious leader is working to improve the lives of Black Americans with a bank that has a history of…

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Average credit score for personal loans

The average FICO credit score in the U.S. is currently 716, according to recent data from FICO. This average has…

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Understanding Your Form 1040

Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning…

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4 Ways To Distinguish Good Debt From Bad Debt

The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve…

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Hilton Honors Dining program guide

Key takeaways Hilton Honors Dining allows you to earn Hilton Honors bonus points for dining at participating restaurants, bars and…

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I’m Going to Get $3,000 Per Month From Social Security. How Can I Reduce My Taxes?

When determining your income taxes in retirement and on your Social Security benefits, the IRS uses your “combined income” and…

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Tax Credits You Can Use to Reduce Your 2024 Taxes

Tax season has arrived, and when it comes to preparing your return remember this: deductions are good, but tax credits are better.Anyone…

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