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Does Your Loan Purpose Matter? Yes — Here’s Why

Hispanolistic/Getty Images Key takeaways The purpose of your loan can impact the amount, terms and…

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Can A Merchant Store My Credit Card Details Without Permission?

FG Trade/iStock/Getty Images Key takeaways Storing your credit card information makes it easier for merchants…

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What Is An Interest-Only HELOC? How Does It Work?

Key Takeaways An interest-only home equity line of credit (HELOC) allows borrowers to pay back…

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Charles Schwab Vs. Interactive Brokers: Which Broker Is Better?

Charles Schwab and Interactive Brokers are two of the most well-regarded online brokers, and they…

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Mortgage Lender Vs. Servicer: What’s The Difference?

Key takeaways Mortgage lenders create and fund home loans, while mortgage servicers manage the loan…

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Can You Have More Than One Life Insurance Policy?

Key takeaways There are no rules around the number of life insurance policies an individual…

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How To Qualify For A College Tuition Waiver

Image by Getty Images; Illustration by Bankrate Key takeaways Colleges may choose to offer you…

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Do I Have To Pay Student Loans If I’m Unemployed?

Key takeaways You still need to make payments or make alternative arrangements with your lender…

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Impact of Aging Vehicles on Car Financing

Image by GettyImages; Illustration by Bankrate Key takeaways Consumers are holding on to their cars…

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Assessed Value Vs. Appraised Value

Image & Illustration by Bankrate Key takeaways Assessed value is determined by the local government…

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