Planning to travel in 2024? You’re not alone. According to the U.S Travel Association, a trade group, travel has bounced back after the pandemic, with Americans forecasted to spend a staggering $1.09 trillion on domestic and international travel this year. This surge, however, comes with its challenges, as travel costs have soared to unprecedented heights, […]
Empower is a financial services company offering retirement plans and comprehensive wealth management to both individuals and organizations. Launched in 2014—but with Canadian roots dating back to 1891—Empower is currently the second-largest retirement plan provider in the country, with more than 17 million customers. In 2020 Empower acquired Personal Capital, a popular investment robo-advisory platform, […]
There are a variety of reasons to refinance your auto loan. Perhaps you took out your previous loan with a subpar credit score and have since cultivated a score capable of netting significantly more favorable interest rates. Maybe you’d like to lower your monthly payments by extending the term of your loan or would like […]
Put simply, a mortgage refinance replaces one mortgage with another. People tend to avoid mortgage refinancing when rates are high, and average rates have been rising steadily since 2022, reaching a peak of 7.79% for a 30-year fixed-rate mortgage at the end of October 2023. However, they have dropped somewhat since then, standing at just […]
In general, borrowers are required to meet strict income and credit criteria to obtain a loan. Many struggle to meet these requirements without some help, due to poor credit or other financial setbacks. There are two primary methods to help someone else get a loan: co-signing and co-borrowing. “Both co-signers and co-borrowers are legally obligated […]