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The Best Michigan Homeowners Insurance Companies
For the top picks for the best home insurance providers in Michigan, we used our SimpleScore system that measures and reviews insurance providers based on discounts, coverage, customer satisfaction, accessibility and customer support. The 6 best home insurance companies in Michigan Best Mobile Tools: State Farm Best Coverage: Progressive Best for Military Members: USAA Best […]
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What Does It Mean to Buy Stock?
What does it mean to own stock in a company? Do you own a piece of that company? Are you just gambling that you think a company’s value will go up or down? Some people have these questions about the stock market every day. Let’s take a simple walk through what a stock is, what […]
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How Important Is APY for a Savings Account?
Even at a time when many Americans are simultaneously not saving money and saving more money than ever, savings accounts remain a valuable place to safely store your money. With FDIC insurance, your balance isn’t at risk, and you can withdraw it as needed. The drawback, however, is the relatively low interest rates as the […]
The post How Important Is APY for a Savings Account? appeared first on The Simple Dollar.
11 States Stepping up to Supplement Unemployment Benefits
Congress has still not agreed on the next COVID-19 stimulus package. The House plans to keep the government through Dec. 18 to Congress more time to put together a relief plan. House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer support a bipartisan $908 million bill, while Senate Majority Leader Mitch McConnell says “compromise […]
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Reverse Mortgage: What Are the Requirements?
Reverse mortgage requirements say that a borrower must be at least 62 years old, owe little on the home, and use the property as their principal residence.
The post Reverse Mortgage: What Are the Requirements? appeared first on The Simple Dollar.
Americans Still Feel Pressured to Spend More on the Holidays
We wanted to know if Americans were still feeling pressure to spend more than they’re comfortable with this Holiday season. We surveyed 796 people throughout the country to find out what the holiday spending dynamic is like this year, read on to learn our findings.
The post Americans Still Feel Pressured to Spend More on the Holidays appeared first on The Simple Dollar.
Student Loan Fact Sheet 2021
As total U.S. student loan debt rapidly approaches $1.7 trillion, millions of Americans are seeking guidance on how to approach this ballooning portion of the economy. The following key pieces of information will help you on your path to understanding this aspect of the American financial landscape. Unless otherwise stated, these statistics pertain to federal […]
The post Student Loan Fact Sheet 2021 appeared first on The Simple Dollar.
Reverse Mortgage vs. Home Equity Loan
Reverse mortgage vs. home equity loan: which one is better? We go over the facts to help you decide between reverse mortgage, HELOC and home equity loan.
The post Reverse Mortgage vs. Home Equity Loan appeared first on The Simple Dollar.
Best Small Business Loan Rates of 2020
The best small business loan rates of 2020 American Express: Best for Credit Card Customers SmartBiz: Best SBA Loans OnDeck: Best Online Term Loans Bank of America: Best Equipment Financing Loans BlueVine: Best for Fast Funding Funding Circle: Best Good Credit Term Loan Small business loans at a glance Lender APR Loan Amount Terms Eligibility […]
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Why You Shouldn’t Fear Higher Tax Brackets
When tax brackets are shown in news reports, they often come with a gasp of fear. A high tax bracket is shown, and it’s pointed out that people with a certain income will be in that tax bracket, leaving the implication that someone making a good income will have to pay a huge amount of […]
The post Why You Shouldn’t Fear Higher Tax Brackets appeared first on The Simple Dollar.
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