Ben Luthi

1 week ago | experian.com | Ben Luthi

Quick AnswerThe right of rescission allows you to cancel certain home loans within three days of closing without incurring any financial penalties. It's also known as the cooling-off period. The right of rescission is a legal right that allows consumers to cancel certain types of home loans within three days of closing. Understanding how the right of rescission works can help you make sure you're not being taken advantage of and can give you some time to rethink your decision if need be.

1 week ago | experian.com | Ben Luthi

Quick AnswerBuying a car when you have bad credit can be challenging, but it’s not impossible. Understanding the potential costs and taking steps to improve your credit can help you navigate your options. You can qualify for a car loan with bad credit, but expect the terms to be less favorable compared to auto loans for good credit. In some cases, the interest costs can be extremely high.

1 week ago | lendedu.com | Ben Luthi

Fidelity is one of the largest brokerage firms in the world, offering a wide variety of products and services for both novice and experienced investors. But can you buy bitcoin on Fidelity? And what about other digital currencies? Fidelity offers access to a few individual cryptocurrencies for as little as $1, and you can also invest in a variety of crypto-focused funds. If you’re looking for a robust virtual asset experience, however, you might need to look elsewhere. Here’s what you need to know.

1 week ago | experian.com | Ben Luthi

How Tariffs Can Raise PricesTariffs are effectively a cost of doing business for importers. But like other costs associated with manufacturing and selling goods and services, that cost is usually incorporated into the price you pay as a consumer. In some cases, the tariff is applied directly to the end product. Examples include:BeefCheeseChocolateCoffeeFruitLiquorNutsRiceSeafoodIn this instance, the tariff applies to the full cost of the item imported.

1 week ago | experian.com | Ben Luthi

How to Get Life InsuranceIf you've decided to purchase a traditional life insurance policy, here are some steps you can take to get the coverage you need:You may opt to use a rule of thumb, such as 10 times your annual income, or you may take a needs-based approach. With the latter option, you'll look at the actual expenses your loved ones may incur upon your death and purchase sufficient coverage to meet them. Research the different types of life insurance to determine the best fit for you.