Published in The Smart Investor

·Jul 25

Should I Open A Savings Account In A Time Of Inflation?

Inflation has a symbiotic relationship with interest rates, so in times of high inflation, the interest rates also tend to be higher. While this may look like a great thing for savers, it is a double edged sword. A savings account can be a safe place to leave your money and get a higher rate without sacrificing accessibility. You can leave your money in an account offering higher returns, with the reassurance that should you need the funds, you can access them.

Inflation

1 min read

Should I Open A Savings Account In A Time Of Inflation?

However, while the interest rates may be high, the “real” value of your money is diminished by the higher rates of inflation. When inflation is higher than your savings rate, by leaving your money in the account for a year, it will have less real value.

Read our full article:

https://thesmartinvestor.com/banking/guides-banking/open-account-in-inflation/

Published in The Smart Investor

·Jul 18

The Best Sources to Learn Cryptocurrency Investing

For years, Bitcoin enthusiasts have been predicting that cryptocurrency will continue to gain popularity until it becomes a true global economic force. Now, that prediction has come true. Cryptocurrency market caps are measured in trillions of dollars, while applications of blockchain technology are popping up everywhere. If you want to benefit from this immense trend like many others, you need to educate yourself on cryptocurrencies.

Cryptocurrency Investing

1 min read

The Best Sources to Learn Cryptocurrency Investing

For years, Bitcoin enthusiasts have been predicting that cryptocurrency will continue to gain popularity until it becomes a true global economic force. Now, that prediction has come true.

Cryptocurrency market caps are measured in trillions of dollars, while applications of blockchain technology are popping up everywhere. If you want to benefit from this immense trend like many others, you need to educate yourself on cryptocurrencies.

Thankfully, the cryptocurrency space is extremely open and helpful to beginners. There are many people creating quality informational content and specialized courses to help you learn about cryptocurrencies.

Read the Full Article on The Smart Investor:

https://infoforinvestors.com/investing/alternative-investments/learn-cryptocurrency/

Published in The Smart Investor

·Jul 16

What Are The Different Types Of Life Insurance

Are you sick and tired of researching? Well, you’re not alone. The life insurance landscape is complex. There could be as many kinds of policies as there are insurance companies. Terms such as whole life, term life, cash surrender value, variable life are sure to baffle any newbie in the field. What can you do? If you’re thinking of purchasing life insurance — you will need an understanding of the basics. You have to learn the different types, how they work and how much they cost. After that, you can select which among them is the right insurance for you.

Life Insurance

1 min read

What Are The Different Types Of Life Insurance

What can you do?

If you’re thinking of purchasing life insurance — you will need an understanding of the basics. You have to learn the different types, how they work and how much they cost. After that, you can select which among them is the right insurance for you.

Read the Full Article on The Smart Investor:

https://infoforinvestors.com/insurance/life-insurance/types-of-life-insurance/

Published in The Smart Investor

·Jul 15

How To Find A Good Real Estate Agent

Having a good real estate agent is crucial if you want to have smooth and problem-free real estate transactions. This is true whether you’re a seasoned veteran or someone who is just making your first real estate deal. The trick is how to find the right agent for you from more than 2 million licensed agents in the U.S. alone. A good real estate agent would be essential whether you are buying a house or the one selling it. Your agent will help walk you through all the steps and processes. He will be able to answer a platoon of technical, tactical and financial questions that may arise in the course of the transaction. Having a good agent will save you hours Googling for facts and answers to your inquiries.

Real Estate Agent

1 min read

Published in The Smart Investor

·Jul 14

10 Questions a First Time Home Buyer Should Ask

Preparation is important when buying a home for the first time. The sooner you get started, the more likely you would get a good deal and avoid house poverty. Understand Home Buying Process — Check if your state, city, or county offers perks to first-time homebuyers such as tax credits or special programs, which often combine low interest-rate mortgages with down payment assistance and closing cost assistance. Tax credits are also available through some first-time homebuyer programs.

First Time Home Buyer

1 min read

10 Questions a First Time Home Buyer Should Ask

Preparation is important when buying a home for the first time. The sooner you get started, the more likely you would get a good deal and avoid house poverty.

Understand Home Buying Process — Check if your state, city, or county offers perks to first-time homebuyers such as tax credits or special programs, which often combine low interest-rate mortgages with down payment assistance and closing cost assistance. Tax credits are also available through some first-time homebuyer programs.
Affordability & Home Type — The type of home you can afford is one of the first things you consider. Having an idea of the house and its market rate gives you a specific target to work towards. Affordability also implies factor

Read the Full Article on The Smart Investor:

https://infoforinvestors.com/home-buying/guides/questions-first-time-home-buyer/

Published in The Smart Investor

·Jul 13

Discover it Miles vs Bank of America Travel Rewards: Which Card Is Better?

Bank of America and Discover are two of the country’s most popular financial institutions and offers a raft of credit card options. This review and comparison is going to focus on two cards from this offering. They both have their unique features, as well as some common features. The Bank of America® Travel Rewards and Bank of America® Cash Rewards are highly popular and you can learn a bit more about if one of these cards is going to be suitable for you.

Discover It Miles

1 min read

Discover it Miles vs Bank of America Travel Rewards: Which Card Is Better?

They both have their unique features, as well as some common features. The Bank of America® Travel Rewards and Bank of America® Cash Rewards are highly popular and you can learn a bit more about if one of these cards is going to be suitable for you.

Read the Full Article on The Smart Investor:

https://infoforinvestors.com/credit-cards/compare-cards/discover-it-miles-vs-bofa-travel-rewards/

Published in The Smart Investor

·Jul 12

CIT Bank vs Capital One: Which Bank Account Is Better?

With both banks offering similar products, we need to look a little more closely at which bank is better. Both banks offer a decent selection of banking products, but there are some key differences. While Capital One has a variety of credit card options, CIT Bank does not have a single one. Both banks offer high yield savings accounts and CDs, but while you can access mortgages with CIT Bank, Capital One does not have any mortgages. Likewise, while Capital One has loan options, CIT does not offer loans. So, which bank is better will depend on your specific needs and preferences.

Banking Comparison

1 min read

CIT Bank vs Capital One: Which Bank Account Is Better?

With both banks offering similar products, we need to look a little more closely at which bank is better.

Both banks offer a decent selection of banking products, but there are some key differences. While Capital One has a variety of credit card options, CIT Bank does not have a single one.

Both banks offer high yield savings accounts and CDs, but while you can access mortgages with CIT Bank, Capital One does not have any mortgages. Likewise, while Capital One has loan options, CIT does not offer loans. So, which bank is better will depend on your specific needs and preferences.

Read the Full Article on The Smart Investor:

https://infoforinvestors.com/banking/compare-banks/cit-bank-vs-capital-one/

Published in The Smart Investor

·Jul 11

How To Remove Collection From Your Credit Reports

If a collection is reported it starts as an ‘unpaid account.’ Unfortunately, it’s considered a separate account to the other one. So you end up with two negative accounts. The other one is marked ‘charge off.’ You could end up with a serious drop in your credit score of up to 100 points from that too. Of course, it’s going to depend on how you’ve been doing this far. If you had a great credit score and go to collections it’s going to hit harder. Not only that but it’s going to stay for up to seven years. Lucky for you it starts to be less of a problem each year until then.

Collection

1 min read

How To Remove Collection From Your Credit Reports

You could end up with a serious drop in your credit score of up to 100 points from that too. Of course, it’s going to depend on how you’ve been doing this far. If you had a great credit score and go to collections it’s going to hit harder. Not only that but it’s going to stay for up to seven years. Lucky for you it starts to be less of a problem each year until then.

Read the Full Article on The Smart Investor:

https://infoforinvestors.com/loans/personal-loans/remove-credit-reports-collection/

Published in The Smart Investor

·Jul 10

How to Get Late Payments Removed From Your Credit Report

Your credit score is intended to help lenders understand if you’re going to make a payment on time, which is why a late payment makes a big impact on your score. What’s important to note, however, is that late payments that don’t belong can definitely be removed. Even better, even if you did make the payment late you may be able to get that payment removed. Read the Full Article on The Smart Investor:

Late Payments

1 min read

How to Get Late Payments Removed From Your Credit Report

Your credit score is intended to help lenders understand if you’re going to make a payment on time, which is why a late payment makes a big impact on your score.

What’s important to note, however, is that late payments that don’t belong can definitely be removed. Even better, even if you did make the payment late you may be able to get that payment removed.

Read the Full Article on The Smart Investor:

https://infoforinvestors.com/credit-cards/guides-credit-cards/get-late-payments-removed/

Published in The Smart Investor

·Jul 9

Credit Freeze Full Guide — All You Need To know

The good news is that it is now free for everyone in the United States to place a freeze on your credit report. On 2018, the Economic Growth, Regulatory Relief, and Consumer Protection Act quietly went in effect and made it free for consumers to freeze, thaw or unfreeze their credit report. A credit freeze blocks any lender from approving new credit in your name. Before the act came into being, consumers paid a fee to add or remove a credit freeze and it varied from state to state.

Credit Freeze

1 min read

Credit Freeze Full Guide — All You Need To know

A credit freeze blocks any lender from approving new credit in your name. Before the act came into being, consumers paid a fee to add or remove a credit freeze and it varied from state to state.

Read the Full Article on The Smart Investor:

https://infoforinvestors.com/credit-cards/guides-credit-cards/credit-freeze-guide/