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interest rates

Friday’s need-to-know money news

December 16, 2016 By Liz Weston

interest-rates-300x225Today’s top story: 7 questions and answers about the fed rate hike. Also in the news: How to avoid the Social Security tax bubble, how the fed rate hike could affect your student loans, and how not to be tricked by retailers’ “regular prices.”

Fed Rate Hike: 7 Questions (and Answers)
What you need to know.

How to Avoid the Social Security ‘Tax Bubble’
Know how and when Social Security benefits are taxed.

Fed Rate Hike: What It Means for Student Loans
How your loans might be affected.

Don’t Be Tricked by Retailers’ Unreal Regular Prices
Don’t fall for the bait-and-switch.

Filed Under: Liz's Blog Tagged With: fed rate hike, holiday shopping, interest rates, retail prices, Social Security, Social Security tax bubble, Student Loans, Taxes, tips

Thursday’s need-to-know money news

November 17, 2016 By Liz Weston

imagesToday’s top story: How President Trump could affect your student loans. Also in the news: Why your student loan interest rates are so high, costly mistakes when sending money online, and money tips for new parents.

5 Ways President Trump Could Affect Your Student Loans
With a new administration comes new rules.

Why Are Your Student Loan Interest Rates So High?
Why you’re paying so much in interest.

3 Costly Mistakes When Sending Money Online
Don’t spend more than you have to.

New Parents: Save Money (and Sleep Better) with These 5 Tips
You do remember sleep, don’t you?

Filed Under: Liz's Blog Tagged With: Donald Trump, interest rates, new parents, sending money online, Student Loans, tips

Great credit is a powerful tool

November 7, 2016 By Liz Weston

Credit report with score on a desk
Credit report with score on a desk
Credit scores are a financial tool, but whether they’re a lever or a hammer depends on how good they are.

You can leverage great scores into great deals — on loans, credit cards, insurance premiums and cell phone plans. Bad scores can hammer you into missing out or paying more.

The lifetime cost of higher interest rates from bad or mediocre credit can exceed six figures. In my latest for the Associated Press, how to save thousands of dollars in interest by building great credit.

Filed Under: Liz's Blog Tagged With: Credit, Credit Scores, interest rates

Monday’s need-to-know money news

September 19, 2016 By Liz Weston

shutterstock_101159917Today’s top story: When and how much a Fed rate hike will cost you. Also in the news: The art of lowering your bills, how to become Social Security savvy, and why you should check your credit report after getting married.

Fed Rate Hike: When and How Much It Will Cost You
What to expect when the Fed pulls the trigger.

Ace the Art of Lowering Your Bills
Treat it like a science.

Are You Social Security Savvy?
What you know and don’t know.

Check Your Credit Report for Inquires After You Get Married
Checking for changes.

Filed Under: Liz's Blog Tagged With: Credit, credit report, fed rake hike, interest rates, Social Security

Tuesday’s need-to-know money news

August 30, 2016 By Liz Weston

teen-creditToday’s top story: What to know about cash-back shopping websites. Also in the news: Tips to slash unnecessary monthly expenses, what you need to know about online bill pay, and the factors that affect your credit card’s interest rate.

What to Know About Cash-Back Shopping Sites
Getting rewarded for shopping!

4 Tips to Slash Unnecessary Monthly Expenses
Cutting out the fat.

Online Bill Pay: What It Is and Why You Should Use It
Making your bill paying life easier.

The Factors That Affect Your Credit Card’s Interest Rate and How to Tell If Yours Is Too High
What’s driving your rate?

Filed Under: Liz's Blog Tagged With: cash-back shopping websites, Credit Cards, expenses, interest rates, online bill pay, tips

Monday’s need-to-know money news

August 29, 2016 By Liz Weston

crop380w_istock_000009258023xsmall-dbet-ball-and-chainToday’s top story: Mortgage application forms will look different next year. Also in the news: 5 times you shouldn’t use a credit card, why you should say no to 72-84 month auto loans, and why you need to stop being delusional about debt.

It’s Coming: The First Change to Mortgage Application Forms in 20 Years
An easier to understand application is on the way.

5 Times You Shouldn’t Use a Credit Card
High interest rates could leave you in a debt spiral.

5 Reasons to Say No to 72- and 84-Month Auto Loans
Long term loans set you up for years of negative equity.

Don’t be debt delusional: Quit buying stuff you can’t afford!
Time for a reality check.

Filed Under: Liz's Blog Tagged With: car loans, Credit Cards, debt, debt delusions, interest rates, mortgage, mortgage application, mortgages

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