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1 month ago | 
money.usnews.com | Jerry Brown |Ray Frager |Emily Roth
A few third-party payment services allow you to pay your mortgage with a credit card for a fee. You can also pay your mortgage with a cash advance, but this method comes with high fees. Paying your mortgage with a credit card is only worth it if the rewards you receive in points or cash back outweigh fees and interest charges. Paying your mortgage with a credit card requires a few extra steps.
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2 months ago | 
money.usnews.com | Jerry Brown |Ray Frager |Emily Hayes
Key Takeaways Chase's most popular credit card rewards categories include travel, restaurants, gas stations and grocery stores. The Chase Freedom and Chase Freedom Flex offer 5% cash back on rotating quarterly bonus categories. Chase's reward categories vary depending on the card. Chase credit card holders can earn points across several spending categories, such as travel, gas, grocery stores and restaurants.
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Nov 25, 2024 | 
13wham.com | Jerry Brown
Key takeawaysSecured and unsecured loans can be obtained from a bank, credit union or online lender. Secured loans require collateral but can get you access to a larger sum of funds. Unsecured loans do not require collateral. The amount and rates you’re eligible for are based on your creditworthiness. Personal loan shoppers will find two main categories: secured and unsecured personal loans.
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Nov 25, 2024 | 
keprtv.com | Jerry Brown
Secured vs. unsecured personal loans: Key differencesby Jerry BrownMon, November 25th 2024 at 8:27 AMMoMo Productions/Getty ImagesShare
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Nov 18, 2024 | 
money.usnews.com | Jerry Brown |Emily Hayes |Colin Hogan
Key Takeaways Some personal loan lenders have minimum credit score requirements as low as 550. If approved for a bad credit personal loan, expect to pay more in interest and fees. Improving your credit before applying or adding a co-signer could improve your chances of qualifying. Personal loans can have many benefits, like helping you consolidate high-interest debt or providing quick cash for emergencies. But if you have bad credit, qualifying for one could be difficult.
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Oct 17, 2024 | 
newsweek.com | Jerry Brown |Claire Dickey
Editorial Disclosure: We may receive a commission from affiliate partner links included on our site. However, this does not impact our staffs’ opinions or assessments. Jerry Brown Personal Loans & Debt Consolidation Expert Jerry is a freelance contributor to Newsweek’s personal finance team. He primarily covers loans, including personal loans, home equity loans and student loans.
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Sep 23, 2024 | 
aol.com | Jerry Brown
September 23, 2024 at 3:17 PMKey takeawaysFiling for bankruptcy is expensive with costs starting at more than $1,300. Declaring bankruptcy can have a long-term impact on your finances. A bankruptcy filing stays on your credit report for seven to 10 years, potentially making future credit more expensive. Filing for bankruptcy can help you restructure or discharge your debts and give you more time to repay the debts that you still owe.
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Aug 23, 2024 | 
cbsnews.com | Jerry Brown
Thanks to inflation and a higher federal funds rate, certificate of deposit (CD) interest rates have increased exponentially in recent years. CD interest rates barely broke 1% a few years ago. By comparison, today's average 12-month CD rate, as of August 22 2024, is 1.80%. And many of the best 12-month CDs have rates over 5% right now. However, now that inflation has been consistently cooling, this has led to slightly lower rates on CDs for savers.
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Aug 21, 2024 | 
cbsnews.com | Jerry Brown
Over the last three years, average mortgage rates have almost doubled. On August 19, 2021, the average 30-year fixed rate was 2.86%. By comparison, today's average 30-year mortgage rate is 6.57%. This uptick in rates has made purchasing a home less affordable for many buyers. In addition, home prices have hit record highs this year, putting the possibility of homeownership out of range for many.
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Aug 19, 2024 | 
cbsnews.com | Jerry Brown
Over the past couple of years, Americans dealt with persistent inflation in the U.S. economy. In an effort to keep inflation at bay, the Federal Reserve raised its benchmark rate several times — and now it remains near a 23-year high. As a result, this increased the interest rates for many consumer loans, including mortgages, making it too expensive for many people to buy a home.
