Taking on new debt is not always a mistake. Sometimes it makes sense to borrow money with a promise to repay the debt if it’s part of a plan to pursue financial freedom. Borrowing money can be a ...

If you and your ex-spouse jointly took out a car loan, you can refinance the loan in your name only if you’re keeping the car. When refinancing a car after divorce, you get a new loan to replace and ...

Sulaiman Abdur-Rahman Sulaiman Abdur-Rahman writes about personal loans, auto loans, student loans, and other personal finance topics for Lantern. He’s the recipient of more than 10 journalism awards ...

Moving to a new state brings plenty of change — and your banking needs are no exception. While some national banks offer easy transitions, others may lack convenient locations or services in your new ...

Managing finances on behalf of someone else can be a significant responsibility — especially when it involves government benefits like Social Security or disability payments. A representative payee ...

A letter of credit is a document that’s used between two businesses. It guarantees that the buyer of a product will deliver payment to the seller in return for goods and services received. Letters of ...

Early Warning Services (EWS) is a bank-owned fintech company and consumer reporting agency that collects information on U.S. bank accounts. As a consumer reporting agency, EWS provides financial ...

Saving money is an essential habit that can help you achieve your financial goals. A passbook savings account can help you start — and stick — to that habit by giving you a booklet that tracks your ...

Sulaiman Abdur-Rahman Sulaiman Abdur-Rahman writes about personal loans, auto loans, student loans, and other personal finance topics for Lantern. He’s the recipient of more than 10 journalism awards ...

An unsecured personal loan allows you to borrow money for just about any purpose without requiring you to put up collateral. That means you won’t need to secure the loan with your home, your car, or ...

Millions of Americans continue to struggle with credit card debt. The average credit card debt in America is $6,580, according to a new report from TransUnion®. Out of the 50 states, Alaska has the ...

There are some potential pros and cons to paying off your car loan early. Paying off a car loan early, in some cases, may minimize your interest costs. The average amount financed for new car loans at ...