The personal loan market is growing, in part due to the high cost of living. About 14.5% of borrowers use personal loans for everyday expenses, a MarketWatch Guides survey found. The two more common reasons consumers use personal loans are debt consolidation and home improvements. Nearly 21.2% of personal loans…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers…

As you move closer to retirement, you’ll want to begin planning for your life in retirement, given the financial resources you’ve accumulated. This requires shifting your mindset, since for many years, your most important retirement decisions may have involved how much to save for retirement and how to invest your…

New construction homes are becoming more popular, mainly due to the low inventory of existing homes. The National Association of Home Builders/Wells Fargo Housing Market Index — which measures the market conditions of new home sales — rose by three points to 51 in March. This is the highest it’s…

The 50/30/20 rule is a beginner-friendly budget guide you can start following today.  The 50/30/20 rule provides a way to simply break up your after-tax income. With this rule, there are three different “buckets” your money falls into. These buckets are needs, wants and savings. With this rule, 50% of your…

Economic activity – growth and job creation – has remained remarkably strong for several years now. That resilience in the face of substantial headwinds such as higher interest rates and rising oil prices likely comes from a gradual shift in what is driving the economy. Much of economic growth since…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

The political tug of war over student loan forgiveness registered a new chapter as 11 Republican-led states filed suit against President Joe Biden and the U.S. Department of Education to stop the SAVE Plan.  The Biden Administration introduced the Saving on a Valuable Education (SAVE) plan after the Supreme Court struck down…

The legacy of late California Senator Dianne Feinstein was tarnished by a series of lawsuits filed before her death. The suits revealed rifts in the family and shortcomings in the estate plans of Feinstein and her late husband. Feinstein’s late husband Richard Blum, a wealthy investor, passed away in February…

Mortgage rates marched higher this week, nearing 7% with no relief in sight for the sluggish housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage rose to 6.88% this week from 6.82% last week. The average rate on…