Some of the best ways to pay off a car loan include making extra payments, applying windfalls of cash to your loan, and auto loan refinancing. Buying a new car is expensive, which is why many buyers take out a car loan to help them afford the cost over time. But car loans carry interest,…
Bitcoin IRAs allow for investing in various cryptocurrencies using retirement savings. Bitcoin IRAs act as self-directed IRAs provided by a few financial institutions in the U.S. that allow alternative investments for retirement savings. Essentially, an you can retain other retirement accounts with traditional investments and separately engage in the self-directed option for cryptocurrency investments. Learn how Bitcoin IRAs work…
You can get out of a Credit Acceptance loan in several ways, including by paying off the car or refinancing. Companies like Credit Acceptance Corp. can seem like a good solution for people who need a car but have trouble getting financing, such as because they have poor credit history. The company offers financing programs…
S&P 500 Top Movers on Tuesday August 06, 2024 05:48 PM EDT Advancers Shares of Kenvue (KVUE), parent company of Band-Aid, Tylenol, and other consumer health care products, posted the strongest performance in the S&P 500, soaring 14.2%. The former unit of Johnson & Johnson (JNJ) beat second-quarter sales estimates and affirmed its above-consensus guidance for the…
You can evaluate a fintech’s home equity offerings by comparing interest rates, terms, and any additional perks. If you’re in the market for a home equity product such as a home equity loan or home equity line of credit (HELOC), you may turn to your bank or credit union. However, a growing number of fintech…
Key Takeaways Two banks and one nationwide credit union are paying today’s top CD rate of 5.50%, on terms of 6 to 9 months. To lock your rate for a full year, consider NexBank’s 5.35% offer. After that, five additional CDs pay 5.30% on terms of 10 to 13 months. With the Fed expected to…
Coinbase Global (COIN), the parent company of the largest crypto exchange in the United States, launched a new crypto-derivatives exchange in Bermuda, to trade products that aren’t allowed in the U.S. amid a lack of regulatory certainty. Key Takeaways Coinbase has opened a new, international exchange for trading crypto perpetual futures in Bermuda. Perpetual futures…
What Is an A-B Trust? An A-B trust is a joint trust created by a married couple for the purpose of minimizing estate taxes. It is formed with each spouse placing assets in the trust and naming as the final beneficiary any suitable person except the other spouse. The trust gets its name from the…
Restricted Shares vs. Stock Options: An Overview Restricted shares and stock options are both forms of equity compensation, but each comes with some conditions. Restricted shares can either be restricted stock units or restricted stock awards. Both involve vesting requirements. Stock options give an employee the right to buy a certain number of shares at…