Personal loan interest rates edge down for 5-year loans

Personal loan interest rates edge down for 5-year loans

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

Fed doubles down on the fight against inflation, raises rates another 25 basis points

Fed doubles down on the fight against inflation, raises rates another 25 basis points

The Federal Reserve announced another 25 basis point interest rate increase bringing the federal funds rate to a targeted range of 5% to 5.25%, the highest level in 15 years.

The Federal Reserve announced another 25 basis point interest rate increase bringing the federal funds rate to a targeted range of 5% to 5.25%, the highest level in 15 years.

Here’s why consumers' credit scores got a boost in March: Report

Here’s why consumers' credit scores got a boost in March: Report

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit

Bank deposits fell by more than $76 billion

Bank deposits fell by more than $76 billion

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

Gas prices dip, offering consumers some relief at the pump: AAA

Gas prices dip, offering consumers some relief at the pump: AAA

The national average cost for a gallon of gas dropped by five cents from last week to $3.68, reflecting a dip in oil prices, AAA said.

The national average cost for a gallon of gas dropped by five cents from last week to $3.68, reflecting a dip in oil prices, AAA said.

The Fed is expected to raise interest rates again in May: Economists

The Fed is expected to raise interest rates again in May: Economists

The Fed is expected to raise interest rates by 25 basis points again in May, according to a poll of economists. This is what you need to know.

The Fed is expected to raise interest rates by 25 basis points again in May, according to a poll of economists. This is what you need to know.

Knowing how insurance rates are calculated could save drivers money: survey

Knowing how insurance rates are calculated could save drivers money: survey

Roughly 80% of American drivers surveyed can't identify the factors used to determine car insurance rate, a survey by the Zebra said. This knowledge gap could be costing them on their auto insurance premiums.

Roughly 80% of American drivers surveyed can't identify the factors used to determine car insurance rate, a survey by the Zebra said. This knowledge gap could be costing them on their auto insurance premiums.

These are the cities you can earn six figures in and still be broke

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

Supreme Court allows $6 billion in payments to continue in student loan relief case

Supreme Court allows $6 billion in payments to continue in student loan relief case

The Supreme Court of the United States (SCOTUS) has declined to block a $6 billion student loan settlement involving more than 200,000 students who accused their schools of fraudulent activity. But not all borrowers qualify for relief. Here’s what you need to know.

The Supreme Court of the United States (SCOTUS) has declined to block a $6 billion student loan settlement involving more than 200,000 students who accused their schools of fraudulent activity. But not all borrowers qualify for relief. Here’s what you need to know.

What happens when you close a credit card?

What happens when you close a credit card?

Some aspects of a person's credit score will be affected immediately upon closing an account.

Some aspects of a person's credit score will be affected immediately upon closing an account.