Yes, you can lower your credit card interest rate. Here’s how
Negotiating with your card provider for a lower APR can result in a big financial win for you. Plus, there isn’t really a downside to making the request, as the worst that can happen […]
Long-term auto loans: Good idea or bad investment?
Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about […]
Is this the worst financial scam you’ve ever heard of?
Nev Schulman has uncovered romantic frauds on his show “Catfish” for a decade. But he’s also dealt with financial scammers. Even if a romantic scammer doesn’t start out looking for financial gain, they usually […]
How much of a down payment should you put on a car?
Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about […]
Here’s how to take control of your money in 2022
Once you start hemorrhaging money, it can be challenging to get your finances back in order. What once seemed like a controllable problem starts to feel like a helpless one. It becomes difficult to get […]
When inflation hits, this common investment can be a refuge
Federal Reserve chairman Jerome Powell has passed through the five stages of acceptance about inflation. Originally nominated to the Fed in 2012 and named chair in 2016, Powell and his colleagues kept rates […]
When to apply for student loans
If you need a loan for college, you may be wondering whether a private student loan is the right choice for you. And, once you’ve made the decision to take out a student loan, […]
The student loan payment pause is ending. Here’s how to prepare
A pause on student loan repayments will continue until May 1, the Biden administration announced. The news came less than two weeks after press secretary Jen Psaki told reporters payments would resume in February. When […]
SIMPLE IRA contribution limits for employers & employees
A SIMPLE IRA, or Savings Incentive Match Plan for Employees, is a way for self-employed individuals and small business employers to set up a retirement plan. It’s one of a number of tax-advantaged retirement plans […]
Understanding taxable brokerage accounts vs IRA
Tax-sheltered accounts like the IRA and 401k have long been the go-to replacements for retirement planning. Sure, they’re two solid ways to build up savings for the future, but another way to grow wealth […]