Finance

In recent years, high interest rates have made borrowing challenging but created significant opportunities for savers. Certificates of Deposit (CDs), particularly short-term options, have become a go-to choice for earning competitive returns without tying up money for years. While the Federal Reserve’s recent rate cuts have started to cool returns on CDs, short-term options remain Continue reading

As 2025 approaches, tapping into your home equity can be a powerful financial strategy. Whether funding renovations, consolidating debt, or covering major expenses, both Home Equity Lines of Credit (HELOCs) and home equity loans offer unique advantages. With evolving economic conditions—such as declining inflation and shifting interest rates—choosing the right option is critical. Let’s explore Continue reading

As 2025 unfolds, student loan borrowers face significant shifts in repayment policies, forgiveness options, and default collections. With a new administration stepping in, federal strategies surrounding student debt are expected to evolve, impacting millions of Americans. What’s Changing in 2025? 1. Resumption of Defaulted Loan CollectionsAfter a lengthy pause due to the COVID-19 forbearance period Continue reading

Starting January 2025, Social Security recipients will see an increase in their monthly benefits, thanks to the annual cost-of-living adjustment (COLA). This adjustment, designed to help keep payments in line with inflation, has been a cornerstone of Social Security since it was first implemented in 1975. How Much Will Benefits Increase? Keep in mind that Continue reading

In a thrilling turn of events, a New Jersey resident has come forward to claim the colossal $1.13 billion Mega Millions jackpot drawn in March. The New Jersey Lottery confirmed this week that the winner has officially initiated the process of collecting their life-changing prize. The Winning Ticket: A Stroke of Luck in Neptune Township Continue reading

In 2024, Capital One Bank is resolving major legal disputes with consumers, offering compensation through two significant settlements. These settlements address consumer complaints regarding a 2019 data breach and unfair representment fees. This article breaks down the essential details of the settlements, eligibility criteria, payout timelines, and the potential long-term effects on the financial industry. Continue reading

If you’ve used Cash App in the past six years, today is your final chance to claim a share of the $15 million class-action settlement. The lawsuit alleges that Cash App and its parent company, Block Inc., were negligent in protecting users’ account information during data breaches in 2022 and 2023. If you experienced unauthorized Continue reading

As the year-end celebrations approach, millions of Supplemental Security Income (SSI) beneficiaries in the United States are set to receive an average payment of $600. This extra financial support offers a vital boost for citizens who rely on federal assistance, helping them manage the additional expenses that often accompany the holiday season. For many Americans, Continue reading

Thousands of Americans relying on Supplemental Security Income (SSI) will not receive their January 2025 payments during the expected month. A rare calendar irregularity is behind the shift, potentially impacting financial plans for SSI beneficiaries across the United States. While the payments will still be delivered as scheduled by the Social Security Administration (SSA), the Continue reading

As each new year begins, recipients of United States Disability checks often welcome news of an increase in their monthly benefits. Thanks to the Cost-of-Living Adjustment (COLA), disability beneficiaries can anticipate higher checks starting January 2025. While precise calculations for the average 2025 Disability benefit are not yet available, insights into the maximum payment and Continue reading