A good credit score can save you as much as $10,000 on a car. A bad score can cost you that much. Your credit score largely determines how much interest you pay on a car loan. And interest rates are running high. The average new car loan was $40,366 in 2023. But the total cost
Corrections and Clarifications: A previous version included an incorrect number of Arizonans who owe student debt. The Biden administration’s student loan repayment plan, Saving on Valuable Education, is facing a legal hurdle. Federal judges in Missouri and Kansas blocked parts of the program in separate rulings on Monday. Though the decision does not cancel assistance
Any time you buy two of something and get a third item for half off, or add a few dollars to an online order to secure free shipping, you are “spaving.” Spaving is a mashup of “spending” and “saving”: spending more to trigger savings. But don’t fool yourself, experts say: Spaving is mostly spending. “It’s
More affordable homes are coming onto the market. In May, there were 35.2% more homes for sale than a year earlier. Every region in the U.S. saw gains in May. Mortgage rates are high, home prices are lofty and selection is slim. There isn’t much to like about the housing market, except for one small
Welcome back to Uncomfortable Conversations About Money, a new series where we will tackle topics or situations around money that make you uneasy. We’ll outline the problem and try to get you some usable solutions. The dilemma: A wife with a habit of buying – and hiding – expensive shoes from her husband. A husband with a secret online
If you want to retire in comfort, investment firms and news headlines tell us, you may need $1 million in the bank. Or maybe not. One prominent economist says you can retire for a lot less: $50,000 to $100,000 in total savings. He points to the experiences of actual retirees as evidence. “You Don’t Need
The New York State Attorney General’s Office unsealed an indictment Wednesday charging 17 individuals in connection with “lucrative” illegal gambling and loansharking operations controlled by alleged members of the infamous Gambino crime family. Prosecutors accused the individuals of participating in a sports gambling operation that received more than $22.7 million in illicit bets and a
The Arizona Coyotes’ ongoing arena saga took another turn on Thursday, when a spokesperson for Phoenix Mayor Kate Gallego said that the mayor “does not support using taxpayer funds, including property tax abatement, for sports arenas.” “Mayor Gallego had a productive meeting with Alex Meruelo and his family a few weeks ago, and they spoke
Savers may want to lock in high interest rates for the long haul before they likely head lower later this year. But is 100 years too long? Concord, New Hampshire-based Walden Mutual Bank is finding out. The financial institution is offering a100-year Local Impact Certificate of Deposit (CD) paying a fixed 4.75% annual interest rate.
Two months ago, Jacksonville ranked in personal finance company WalletHub’s top 10 U.S. cities where residents are the most financially stressed. Just last week, Florida ranked in Forbes Advisor’s top 10 states where it’s most difficult for residents to save money and the Miami metro area ranked in the top five metro areas where it’s