man holding paper

Article Summary Capital One usually reports to the credit bureaus once per billing cycle, within a few days after your credit card’s statement closing date. So it’s important to ensure your balance on that date is relatively low compared to your credit limit. If you have been waiting until your bill’s due date to pay […]

Business employees reviewing financial sheets and dividend payments

Article Summary: Dividends aren’t considered an expense for accounting purposes. Instead, companies subtract them from the equity section of their balance sheet. Investing comes with plenty of benefits, such as the ability to grow wealth and save for your biggest financial goals, including retirement. Another important benefit of investing is the possibility of earning dividends. […]

Person sitting cross legged surrounded by tax documents

Can the IRS Take Your House?

Article Summary: The IRS can technically take your house to collect delinquent tax debts but is unlikely to do so. However, there are other types of property the IRS is more likely to seize. Most of us dread paying our taxes. Not only do you hate to see the money being taken from your paycheck […]

Toy car on legal documents with two hands passing car keys behind

Article Summary: Discover doesn’t offer auto loans, but there are plenty of alternatives to consider, including other auto lenders, a Discover personal loan, or borrowing against your home equity. When you’re shopping around for a new car loan, you’ll have plenty of attractive options to choose from. And while Discover has become a favorite online […]

One hand with pen about to sign documents with house model in the back

Article Summary: Refinancing your mortgage after a forbearance can be a way to lower your monthly payments. But refinancing isn’t right for everyone, and you’ll have to meet certain requirements before you are eligible. Homeownership is the American dream for many families. Unfortunately, that dream can be threatened if you face financial hardship after you […]

Man in a suit holding a small model car writing in a notebook

Article Summary: Your car insurance could be expensive for a variety of reasons, including your location, driving record, demographics, and more. Just about every state in the U.S. requires drivers to have at least some car insurance to protect both themselves and others in an accident. Unfortunately, auto insurance can be expensive. In 2021, the […]

Man giving credit card to a hotel front desk employee

Article Summary: When a hotel charges your credit card depends on the property, its policies, and the platform where you book the room. Most hotels require payment at the time of check-out if you booked directly through its website or made a hotel reservation online. However, an upfront payment may sometimes be required. One of […]

A man typing on a keyboard while holding a credit card in his other hand

Article Summary: Like most credit card companies, Discover reports to the credit bureaus just after your statement closing date each month. The good news is that you can use that information to boost your credit score. Credit scores can be a bit of a mystery sometimes. We know they’re important, and we know they’re generally […]

Two metal U.S. Postal Service mailboxes

Article Summary: As of mid-2022, it costs $0.60 to mail a letter through the USPS’s First-Class Mail service. However, you could pay more or less depending on the size, weight, and class of the mail you’re sending. These days, you may not find yourself sending physical mail as often as you once did. After all, […]

Young man looking nervously behind him as he drives down a street

Article Summary: A citation and a ticket are the same things. Both refer to the document you receive after a traffic violation, requiring you to pay a fine or appear in court. Many of us can relate to the feeling of driving down the highway and suddenly seeing those flashing red and blue lights behind […]

Couple smiling at a phone and holding a cashback debit card

Article Summary: Cashback debit cards allow you to earn rewards on your spending just like many credit cards do. While cashback debit cards aren’t as common as credit cards, they can be a great option to earn some rewards without having to worry about interest rates. However, they also have some disadvantages that need to […]

Young couple review different personal loan offer documents and online

Article Summary: Cloud-based personal loans are offered by online lending marketplaces that connect lenders with borrowers. Online lending marketplaces are convenient and allow you to compare multiple lenders in one place, which can save you a lot of money and help you get a great deal. However, as online lending grows, so does the risk […]

Increasingly large stacks of coins leading to a small house model with a hand above above to place a coin into the house

Article Summary: You can save money for a house, even while renting, by increasing your income or decreasing your spending. Saving for a house is more difficult when a large portion of your budget is going toward rent, but that doesn’t mean it’s impossible. Among other things, you can get a separate savings account, pay […]

Jar of coins with a plant growing out of the top

Article Summary: Money market accounts and CDs both allow you to earn a bit of extra money on your savings. But despite their similarities, they’re best suited for different financial goals. When looking for a place to store their savings to earn extra cash, many people turn to savings accounts. But those aren’t your only […]

Young woman looking questioningly to the side

Article Summary: A savings account can be an excellent way to build your emergency fund and save for financial goals, all while earning a return on your savings. That being said, there are some downsides to savings accounts as well. Depending on your financial goals, for instance, you may find it best to put some […]

Wooden house model sitting on top of a stack of money with a pen and calculator in the background

Article Summary: Lenders usually require two years of employment history to qualify for a mortgage. However, there are some ways around this rule if you’ve recently changed jobs or haven’t been in the workforce long enough to qualify. The home-buying process can be lengthy. Even after you found your dream home and had an offer […]

Large manor with an open yard next to a tall tree

Article Summary: The payments on a $1 million and $2 million mortgage are respectively more than $5,000 and $10,000. But when you account for homeowners insurance, property taxes, and other expenses of owning and maintaining a home, your costs will be even higher. Nationwide home prices have been increasing dramatically for years. According to Zillow […]

Two computer screens showing stock charts in front of two people pointing at screen

Article Summary: Reinvested dividends are taxable, just as if you received them in cash. However, certain dividends are subject to lower tax rates than others, and there are ways to reduce or eliminate these taxes. Dividends are one of the biggest perks of stock investing. In addition to the increase in value your stocks are […]

Two sacks with dollar signs opposite house model on scale

Article Summary: A DSCR loan — short for debt service coverage loan — is a mortgage available to individuals to help them purchase investment properties. Whereas traditional mortgage lenders review your income to determine your eligibility, DSCR lenders instead look at the investment property’s cash flow. Real estate has long been one of the most […]

Man carrying two moving boxes with a pile of moving boxes in the background

Article Summary: Moving out of state can cost thousands of dollars, but there are a few things you can do to get it done cheap. These include saving money early, finding free boxes and moving supplies, and even completing the move yourself without the help of professional movers. If you’ve ever moved before, you probably […]