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What is collateral insurance and how does it work?
Nitat Termmee/Getty Images Key takeaways Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance.…
Penalties for driving without insurance in Texas
Images by GettyImages; Illustration by Hunter Newton/Bankrate Most Texans would probably prefer spending their paycheck on some local barbecue rather…
Should I use a HELOC to pay off credit card debt?
Key takeaways A HELOC (home equity line of credit) can be a useful tool for paying off credit card debt,…
What is an insurance claim and when should you file one?
Filing a car insurance claim unfortunately means that you’ve experienced or caused vehicle damage. The good news is that you…
Average cost of credit card processing fees
James Leynse/Getty images Key takeaways You can give your customers more payment options by accepting credit cards, but you will…
What is the draw period on a HELOC and how does it work?
Key takeaways The draw period is the initial phase of a home equity line of credit (HELOC), during which you…
Does car insurance cover rodents chewing car wires?
Key takeaways Comprehensive coverage typically covers damage from rodents chewing on car wires, but evidence may need to be approved…
5 popular annuities for retirees
Annuities remain a popular choice for many people, especially those planning for retirement, because they offer a stream of income…
What will happen to my 401(k) in the event of a recession?
You work hard saving and investing to build up your 401(k) or other retirement accounts, so it’s natural to be…
What to do if your car insurance is canceled
Have you ever been in a fender bender or at a routine traffic stop, and suddenly, you can’t remember where…
