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Barclaycard Rewards MasterCard and Capital One Platinum Credit Card Compared
Aug 18

Barclaycard Rewards MasterCard and Capital One Platinum Credit Card Compared

Don’t let fair credit — credit score range of 550 to 640 — stop you from finding a credit card that will best serve your financial setup. (Got better credit? Consider other these credit cards.) Two popular choices are the Barclaycard Rewards MasterCard and the Capital One® Platinum Credit Card. I break down the distinct

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Excess Withdrawal Fee Comparison at Top 10 U.S. Banks: Summer 2014

Excess Withdrawal Fee Comparison at Top 10 U.S. Banks: Summer 2014

Savings accounts differ from checking accounts in several ways. Besides being able to earn interest, savings accounts can also charge an excess withdrawal fee — a fee nonexistent in the realm of checking accounts. Designed to keep money in the bank to build interest, savings accounts are a great place to park your money. But constant withdrawals from a savings

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New Fannie Mae Short Sale Guidelines Double Waiting Time, Potentially Slowing Housing Recovery
Aug 16

New Fannie Mae Short Sale Guidelines Double Waiting Time, Potentially Slowing Housing Recovery

Just when it appeared that national lending guidelines were beginning to loosen, making it easier for people to purchase homes, the Federal National Mortgage Association (Fannie Mae) has announced that it is doubling the waiting time, from two years to four years, before past short sellers can jump back into the market. The new rule

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Controlling Big Banks and Their Risky Business Will Cost You
Aug 15

Controlling Big Banks and Their Risky Business Will Cost You

Because of the Volcker Rule, your everyday banking is probably going to cost you more. There are likely to be higher fees of all kinds to be paid and bigger commissions collected for investment trading. Some fees will pay specifically for compliance activities, but even fees for routine banking services could go up. More importantly,

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Chase Sapphire Preferred Changes Travel Benefits, Cuts Points: Is It Worth Keeping?

Chase Sapphire Preferred Changes Travel Benefits, Cuts Points: Is It Worth Keeping?

The Chase Sapphire Preferred credit card has been heralded as one of the best travel credit cards around. But, changes are coming — some good, some bad. Is it time to start looking for a new travel card? In an official announcement, Chase posted a list of upcoming changes to the card. Here are the major focal

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CDs, Savings, and Bonds: Comparing the Best Low-Risk Investments
Aug 14

CDs, Savings, and Bonds: Comparing the Best Low-Risk Investments

Let’s say you’ve saved up a nice chunk of change. Let’s also say you’re not exactly keen on putting your money in something relatively risky like the stock market, where your money can disappear faster than you can say “bubble pop.” There are several alternatives to the uncertainty of the stock market that are guaranteed

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Why Switch Banks Now?

Why Switch Banks Now?

Banks offer a pretty wide swath of services, and it can often seem to make sense to do your banking exclusively with just one company. The virtues of simplicity, correct? But that’s not always the case. Even if you do your primary checking at one institution, the benefits of looking elsewhere for savings accounts, CDs,

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Best Credit Cards for People With Fair Credit 2014
Aug 13

Best Credit Cards for People With Fair Credit 2014

Not everyone has a pristine credit record and that is fine. Whatever the reason may be that you have fair (or average) credit, you can definitely work on improving it. With the right credit card for people with fair credit, you’ll be on your way to qualifying for some of the best credit cards on

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Stanford Finance Professors Want Big Banks to Rely on Their Own Money to Prevent Another Crisis

Stanford Finance Professors Want Big Banks to Rely on Their Own Money to Prevent Another Crisis

The American banking industry may be on the brink of its biggest changes since the 2008 financial crisis. But among the different players involved — industry, government, public — there’s a disconnect as to what’s going on, what’s at stake, and what needs to be done. The ongoing battle over the Volcker rule The banking

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Here’s the Skinny on How to Trim Some Fat from Mortgage Junk Fees

Here’s the Skinny on How to Trim Some Fat from Mortgage Junk Fees

Shopping for a home loan might not be as easy as comparing carbs and calories on the backs of different cereal boxes, but borrowers are beginning to see more transparency and get the real skinny on paying closing costs, which can amount from 2 percent to 5 percent of their total home loan amount. The

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