Key takeaways In a Chapter 7 bankruptcy, creditors can seize certain assets to repay the debts you owe. However, exceptions allow debtors to retain some of their assets (or at least part of the asset’s value). Chapter 13 bankruptcy is more about restructuring debts than forfeiting assets. Under Chapter 13…
Key takeaways The American Express® Business Gold Card and The Business Platinum Card® from American Express let cardholders earn valuable Membership Rewards points in categories common to many businesses. The Amex Business Gold may be a better choice if you plan to use it for everyday business expenses rather than…
Image by Getty Images; Illustration by Bankrate If you’re planning for retirement, one of your key questions is how much you can earn from Social Security — what’s the maximum you can get? As of January 2025, the maximum benefit you can receive at full retirement age is $4,018 per…
Key takeaways Uniformed service members and federal employees can borrow against their retirement plans with a TSP loan. You can borrow a minimum of $1,000. You can borrow a TSP loan for general purposes, and you can use funds to construct or close on a home. TSP loans come with…
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The big new fees JPMorgan Chase is planning to charge some financial technology companies may well trickle down to consumers,…
With artificial intelligence beginning to eat away at many white-collar entry-level jobs, and the unemployment rate for recent college graduates…
If a society is going to make intelligent choices in policy, it helps to understand reality, which includes facts and…
New York startup Casap has raised $25 million in new funding to help banks tackle the thorny problem of credit…
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A dashboard-mounted camera (or “dash cam”) won’t typically lower the cost of your auto insurance automatically. Almost no U.S. auto insurers offer a direct discount for installing a dash cam, but having one in your car could still have positive payoffs. Bankrate’s insurance editorial team…
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Key takeaways A divorce decree outlines which spouse is legally responsible for each debt after the divorce is completed. States either have community…
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When it comes to selling coconut water to the health obsessed, New York’s Vita Coco has served up a master class, schooling even…
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Tetra Images/Getty Images Key takeaways Selling directly to a cash-homebuyer or iBuyer is probably the fastest and most convenient way to sell a home. An experienced real estate agent who knows your market well can also help position your home to sell quickly. Selling fast is typically not the best…
Key takeaways Ransomware is a kind of cyberattack that locks files and data behind a paywall using malware. Businesses are uniquely vulnerable to ransomware and stand to lose data, revenue and customer trust if they undergo an attack. Focusing on cybersecurity, working with cybersecurity professionals and updating old infrastructure are…
Key takeaways Independent insurance agents sell policy types from various insurers and can help you shop and compare quotes easily. Most independent agents make money through commissions when they sell a policy — consumers don’t pay anything to use their services. Independent insurance agents can work with both small, regional…
Image by Getty Images; Illustration by Bankrate According to the Bureau of Transportation Statistics, passenger vehicles on U.S. roads are officially older than ever, with an average age of 12.6 years. Ten years ago, the average age of U.S. passenger vehicles was just 11.4 years. The average vehicle age first…
For many, debt feels like a dead end. But for Charly Stoever, it’s been a bridge to freedom. Stoever is a trans, nonbinary former stockbroker turned money coach who helps first-gen queer folks take up space and build wealth on their own terms. And they practice what they teach. By…
Key takeaways The Capital One Venture X Rewards Credit Card grants authorized users an impressive number of benefits, including airport lounge access (through Feb. 1, 2026), rewards on eligible spending, return protection and no foreign transaction fees. Capital One Venture X cardholders can add up to four authorized users to…
FREDERIC J. BROWN/Getty Images Tesla (TSLA) is due to launch its long-awaited robotaxi on June 12 in Austin, showcasing a technology that’s been promised by CEO Elon Musk for years and years. Now, finally it looks like the robotaxi is ready to roll, though the debut comes amid Musk’s sudden…
Key takeaways Equipment loans may have specialized terms and loan amounts over traditional business loans. Equipment leases can be a capital lease or an operating lease. You may need at least two years in business and $100,000 in annual revenue to qualify for an equipment loan or lease. Access to…
Preparing For a One-Income Household Preparing for a one-income household means more than just tightening your belt; it’s about creating a strong financial foundation so that if something happens, you’ve got a backup plan. Focus first on paying off high-interest debt, building an emergency fund, and making sure you’re covered…
Key takeaways Homeowners insurance policies typically cover septic tank damage but only if the damage is caused by a peril not excluded by the policy. Damage to septic tanks due to poor installation, design or inadequate maintenance is not covered by homeowners insurance, but sudden events such as fires or…
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