Quick Look The Fed will likely raise interest rates by 75 basis points this week. Economists expect another 50-basis-point hike in December. Interest rates on credit cards and mortgages will continue to increase as a result. Savings account yields could increase as well. The Fed hopes to stop hiking rates early next year, but that … Read more

If you’re a renter, JPMorgan Chase is coming for your checkbook. The banking and investment giant is piloting a new platform that allows property owners to bill and accept payment digitally. That’s good news if you, like many renters, only keep a checkbook because you have to pay rent. It may be even better news … Read more

Your parents warned you about all the missteps they made early in their credit journey. From facing foreclosure on their first house to racking up hundreds of dollars in late fees to the electric company, their credit score wasn’t always the rosy picture of a stable household it is today.  So you’ve spent the last … Read more

I’ve been following cryptocurrency and blockchain technology since Bitcoin was the only crypto on the market. It’s been enjoyable to watch the industry evolve, bringing new features to customers and offering higher levels of simplicity in finance.  One thing I’ve found challenging in the world of cryptocurrency is utility. Sure, you can sell your cryptocurrency … Read more

Few words in the English language are as positive and upbeat as “bonus.” Sure, it can be used sarcastically at times, but it makes most of us think of extra cash around the holidays or perhaps a prize from a contest or raffle. I’m sure you’ve seen advertisements online, found fliers in your mailbox, and … Read more

Whether you’ve dealt with insufficient income and mounting bills for years or face a new, unexpected challenge such as a big medical expense or a lost job, it can be frustrating to watch the interest pile up on your unpaid obligations while wondering how you’re going to make ends meet each month. Fortunately, there are plenty of … Read more

Huntington Bank has a comprehensive lineup of business bank accounts. These include three checking accounts tailored to the needs of small and midsize enterprises, three feature-rich business savings accounts, an array of business credit products, and powerful value-added online banking capabilities housed in Huntington’s Hub for Business. If you’re looking for a new business banking … Read more

A bad credit score hurts you in many ways. It makes it harder to get approved for a loan, rent an apartment, and get a job. You pay more interest on loans you do get. Insurance is pricier. It can put a strain on your relationships. Not to mention it just feels crappy. Whether your … Read more

Some scams are easy to spot. I like to think if I connected with The Tinder Swindler on a dating app, I’d realize something was up the first time the so-called heir to a diamond fortune hit me up for money. Other scams are a bit harder to detect. If Frank Abagnale, Jr. was as … Read more

Quick Look A benchmark interest rate is an interest rate that determines the amount of other interest rates. Two important benchmarks are the federal funds rate set by the Federal Reserve and the prime rate set by banks. Higher benchmark rates mean a higher cost of borrowing money.  If at any point in the last … Read more