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The interest rates for personal loans from banks, credit unions, and online lenders have risen after repeated interest rate increases by the Federal Reserve this fiscal year. According to the Federal Reserve Bank of St. Louis, the finance rate for 24-month personal loans from banks increased from 8.73% to 10.16% in May to August. According […]

Read more: What rising personal loan rates mean for borrowers

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Despite its attractive rewards rate and dizzying array brand behemoths it offers, the card may not be the right choice for everyone. Especially when you consider that many merchants on its list offer store credits that earn as much as 5% back with less effort. Yes, the U.S. Yes, the U.S. It’s not a substitute […]

Read more: U.S. Bank Shopper cash rewards vs. store cards: When 5% beats 6%

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This is the biggest holiday for online shopping in the world. Singles Day is a Chinese shopping holiday. It started as a day of flash sale and has grown to be a multi-day online shopping event in November. Is there another seasonal shopping event you can think of? Black Friday and Singles Day are both […]

Read more: Nov. 11 is Singles Day — Does it have a bigger impact than Black Friday?

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FTX, a major cryptocurrency trading platform, is in danger of collapsing this week due to liquidity concerns and allegations about misused funds. This was followed by a large number of withdrawals from panicked investors. FTT, FTX’s native coin, fell in value, taking with it other coins like Ethereum and Bitcoin. The effects of FTX’s collapse […]

Read more: FTX Crash: What investors Should Know