Category: Finance

Auto insurance scores impact insurance premiums

First of all, Credit Karma provides much of the information you need to know about auto insurance scores, where they explain that on their site: Auto insurance scores are 3-digit scores calculated using information from your credit report that are designed to predict the likelihood that you will file an insurance claim These scores are…

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Student loan refinancing just got crazy cheaper

Student loan refinancing rates have dropped even lower. Here’s why and what you need to know. Student Loan Refinancing: Rates Drop Even Further Student loan refinance rates now have dropped to as low as 2.01%. Why? The Federal Reserve cut interest rates, and lenders have reduced student loan refinancing rates to a near-term low. That’s…

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Refinancing my mortgage lowered my monthly payment by $200, but I wish I’d known 5 things beforehand

My husband and I bought a house in 2017 in hopes of paying less every month for a mortgage than we were spending on rent. With private mortgage insurance and a 4.25% interest rate, though, our monthly spend was still high. This year, we were able to refinance our mortgage and we’re now spending $200…

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82% of Americans check their credit score at least once a year

According to Discover’s latest Credit Health survey, credit awareness is on the rise. An impressive 82% of respondents said they check their credit score at least once a year, a substantial increase from 72% in 2017. Increased awareness may be due to the accessibility of free credit scores. Credit card issuers, such as Discover, Capital…

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