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We are excited to announce the winner of SuperMoney’s Summer 2020 Financial Literacy Scholarship! Financial wellness for everyday Americans. That is SuperMoney’s ultimate goal. SuperMoney’s Financial Literacy Scholarship seeks to celebrate students who share our same mission. Our scholarship program awards $1,000 twice a year to a student who wants to help Americans improve their […]

Can I get a personal loan without a checking account

Small businesses are often underserved by banks. Just creating a bank account can be a slow and painful experience. The reasons are apparent. Small businesses provide less profit, don’t have a credit history, and usually don’t have the minimum balances banks require. However, fintech companies, such as Azlo, NorthOne, and Novo, are filling the space […]

SuperMoney Price Dispersion Study

Our analysis of personal loan interest rates shows a wide price dispersion. This means consumers are paying more than they should for credit. The good news is financial technology tools can help reduce the search frictions behind this variation in prices across lenders. You would think that personal loans would be a classic example of […]

what kind of life insurance should I buy

The coronavirus pandemic has many people considering their life insurance coverage. This article provides straightforward answers to the most frequently asked questions by our users, such as what is term life insurance or how much insurance do I need? Millions of businesses have seen sales plummet because of the coronavirus pandemic. But for online life […]

fintech predictions coronavirus

There is little doubt rapid innovation is occurring in the financial technology space. While a paradigm shift in financial services was already well underway, the COVID-19 pandemic is likely to exacerbate that shift. My role as CEO at SuperMoney has provided me with some insight into how things are evolving in the fintech space. Below […]

mortgage broker fees guide

When the Federal Reserve slashed interest rates close to zero, it did take some time for the reduction to filter down into the mortgage market. Mortgage rates are nowhere near that low, but they have declined a from where they were before the Fed cut rates to zero. In fact, mortgage rates are hovering around […]

home equity investments

There are several ways to cash in your home equity. However, many homeowners are finding it difficult to qualify for traditional home equity credit products. Home equity investments offer a new approach to home equity financing. It’s not for everyone, but it provides advantages to some homeowners.  $177,000 Average home equity per household with a […]

Millennials fintech changing way we invest

Personal loan balances are growing at a fast rate. According to TransUnion data, unsecured personal loan balances reached a record high of $156 billion in 2019. It’s not just the loan amounts that are growing. The number of unsecured personal loans has grown from 16.9 million in 2016 to 22.5 million in 2019. As the CEO […]

How to save for college - Student Loan Grace Period

Saving for college is one of the most important financial goals for students, parents, and even grandparents. And for good reason. In 2019-2020, the average cost for in-state tuition, fees, and room and board at public universities was $21,950, according to the College Board. If you wanted to attend a private university, the average cost […]

How to find out how much you owe the IRS Avoid tax bankruptcy. Business Tax ID EIN lookup

If you’re wondering “how much do I owe the IRS?” you’re not alone. In 2018, Americans owed more than $128.2 billion in back taxes. But this includes penalties and interest, and few people are good at keeping a running balance of their total tax debt. That same year, the IRS assessed $13 billion in additional […]