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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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

If your small business is in trouble, you’ve lost your job, or you’re struggling to pay the mortgage, there are coronavirus financial assistance resources that could help. The following is a comprehensive list of federal, state and private coronavirus financial assistance programs designed to help you during these challenging times. We also provide a guide […]

It has been a long time since the U.S. economy was in a recession. So don’t feel bad if this one caught you by surprise. Yes, it may not be official yet, but we are at the beginning of a recession. How financially prepared are you? What is a recession? Recession is a fancy way of […]

In the last two weeks, we have seen the two worst single-day drops in the history of the Dow Jones Industrial Average (DJIA). However, on Wednesday, the Dow also saw its best day since 1933, with a 13% rise. Did the stock market already hit bottom? Unlikely. America is unofficially, but undoubtedly in a recession. […]

Is tax amnesty really possible? Will the IRS or state government simply forgive unpaid tax you legitimately owe? While it may seem too good to be true, there have been numerous occasions where state and local governments launch programs offering just that. It’s often a last-ditch effort to boost their budgets and bring people into […]