Category: Personal Finance

The 19 Best Cashback and Rewards Apps for 2022

These days, if you’re shopping online, chances are you could be saving more money. In addition to coupon codes you may have missed and price trackers that can help you time your purchase just right, there are also dozens of cashback tools that will reward you just for shopping through their link or app. The only problem is, with so many cashback and rewards apps to choose from, how do...

Neobank Current Introduces 4% APY Feature for Savings

In recent years, savings account holders have likely seen the interest they earn from their funds fall tremendously. This decline has even been true among many FinTechs that have typically offered better rates than the big banks. However, one neobank is now rolling out a new feature that will allow customers to earn interest that's 60 times higher than the national average. This week, Current announced that customers will be...

Wells Fargo Announces Account Changes to Help Limit Overdraft Fees

Despite some changes over the years, overdraft fees continue to be an expensive plague on American consumers. However, little by little, institutions have been making some changes. The latest in this trend is Wells Fargo, which recently announced some upcoming adjustments to its policies. The first change coming down the pike is that customers enrolled in Overdraft Protection service will no longer be assessed a fee when fund transfers are...

Top 10 Personal Finance Articles of the Month — December 2021

It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. As we enter a new year, we'll start off with a look back at 2021 along with some resolutions for 2022. After that, we'll feature a trio of articles on the topic of minimalism. Then, we'll look at using multiple bank accounts, automating your finances,...

Survey: 36% of Americans Took on Debt from Holiday Season

As we count down the final hours of 2021, it looks as though a number of consumers will be carrying some new debt into 2022. According to a survey by LendingTree, 36% of Americans came away from the holiday shopping season with debt. However, in some good news, the average amount of that debt decreased from last year. In 2021, the average incurred debt load came in at $1,249 compared...

Survey: Nearly 70% of Americans Celebrated Financial Wins in 2021

With Christmas Day now practically upon us, it seems many Americans have already received a different type of gift this year. According to a survey of 2,050 U.S. consumers, nearly 70% reported celebrating a financial achievement this year. Topping the list of the most common money win was a tie between paying off credit card debt and growing savings, each with 9%. Those were followed closely by "bought a car,"...

Equifax Plans to Add BNPL Data to Credit Reports Next Year

Over the past several months, "buy now, pay later" services have seen a surge of interest from consumers and financial entities alike. These services often allow shoppers to buy the items upfront while paying off the purchase in four installments, with on-time payments resulting in no interest fees paid. Now, with the use of these platforms on the rise, credit bureaus are looking for ways to incorporate these loan plans...

Your Year-End Financial Checklist — And Tools That Can Help You Complete It

Thankfully, 2021 is finally coming to an end. It’s certainly been another challenging year for many, but now it’s time to look forward. As we do so, you may be wondering about some ways that you can start off 2022 on the right financial foot. If so, there are a few tasks you should strive to complete before the ball drops on 2021. With that in mind here’s a short...