Personal Finance

Risky Auto Loans Beginning to Bite Lender

As new vehicle prices continue to rise, U.S. consumers are struggling to fit the higher payments into their monthly budgets. One result is that more Americans than ever are borrowing ...
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Holiday Travel Likely to Bring More Debt

The holiday season is nearly upon us, and according to a recent CreditCards.com report, about 60 million U.S. adults are planning travel or a hotel stay during this time. Unfortunately, ...
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20 Dividend Stocks for All Baby Boomers to Retire On

It may not be a secret that investors love dividends, but many retirees absolutely have no choice but to invest in strong dividend stocks that have a history of stable ...
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Student Debt Nears $1.5 Trillion, 5 Times 2003 Level

As of the end of the second quarter of this year, U.S. student loan debt outstanding amounted to $1.48 trillion, a total more than five times the amount borrowed in ...
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Social Security Recipients to Get 1.6% Raise in 2020

The Social Security Administration has just announced a pay raise for those who are collecting Social Security payments in 2020. The cost of living adjustment (COLA) brought the payouts up ...
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10 Easy Steps to Boost Your Income and Cash in Retirement

Most Americans will either have to or want to retire one day. With the massive population of baby boomers out there, millions of them already have started their retirement and ...
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US Wastes $760 to $935 Billion Annually on Health Care

Nearly 25% of U.S. spending on health care is wasted, according to a new study published Tuesday in the Journal of the American Medical Association (JAMA). Health care accounted for ...
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Are Americans Getting Enough Out of Airline and Hotel Rewards?

Nearly half of U.S. adults who participate in airline and hotel rewards programs have let their points or miles expire at some point, according to a new survey. Also among ...
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A Drop in Income Might Scramble Your Brain

That experiencing a decline in income might upset somebody is a no-brainer, but new research from the American Academy of Neurology suggests that it might literally affect the brain in ...
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Online and Discount Trading Firms See More Carnage From Zero-Commission Efforts

The world of trading stocks, bonds, mutual funds and exchange-traded funds has been an ever-changing landscape. Charles Schwab Corp. (NYSE: SCHW) came public in the 1980s and its model as ...
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If You Loaned Money to Family or Friends, Don’t Count on Getting Paid Back

Lending cash to friends or family members ends badly about half the time. The lender either is not repaid or suffers damage to the relationship. Still, 60% of Americans have ...
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More Millennials Are Shopping for Credit Cards

Millennials make up a huge portion of consumers in the U.S. economy and, with all this spending, millennials are flocking to credit cards. In fact, according to a report from ...
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Is That New Car Smell Worth $14,000?

The average transaction price for a new vehicle last month was $37,401, down slightly from the July average, but up 2% year over year. Perhaps that's one reason that franchise ...
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These Are the Cars Americans Keep the Longest

The average age of a light-duty vehicle (passenger car, pickup truck or sport utility vehicle) currently traveling U.S. roads and highways is 11.8 years. Research firm IHS Markit estimates that ...
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Are Millennials Good Tippers?

Proper etiquette would suggest tipping for certain services, but this isn’t always the case. Some people are more generous than others, while many aren’t giving tips at all. A new ...
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