Personal Finance

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Latest Personal Finance News

Credit card late fees could be capped at $8 soon. Here’s why I’m not sure it’ll help.

The good news: There’s a new rule to cap credit card late fees that’s designed to save credit cardholders money.…

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Ally money market account rates

Photo by Getty Images; Illustration by Tiffany Herring Ally Bank is an online-only bank offering a wide range of financial…

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Court Unanimously Overturns Farhy, Finding IRS Has Authority To Assess Penalties

The D.C. Circuit Court issued a ruling today that the IRS does have the authority to assess foreign information return…

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How to get a $40,000 personal loan: Your best options in 2024

Key takeaways Many personal loan lenders offer $40,000 loans, including local banks, credit unions, online lenders and peer-to-peer lenders. To…

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Are joint credit cards a good idea?

Key takeaways Joint credit cards let two individuals share the same account at the same time, yet there are few…

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Can someone open a bank account in your name?

Key takeaways Someone can use your personal information to open a bank account and bounce checks, overdraw the account or…

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Closing The Gender Gap -New Grant Supports Women Small Business Owners

National Small Business Week is here, which recognizes the importance of America’s entrepreneurs and small business owners. Small businesses are…

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Cashing old checks: How long is a check good for?

Checks are not made to be held onto for too long. Many banks place limits on how long they’ll accept…

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New EV Tax Credit Rules To Challenge China’s Dominance

The Treasury Department released final rules refining the U.S. strategy on electric vehicles, extending the clean vehicle tax credit of…

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This Week In Credit Card News: How Virtual Credit Cards Can Save You Money

Don’t Pay for Subscriptions Without a Virtual Card Approximately 48% of US adults have signed up for a subscription service’s…

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