One-click checkout company Bolt Financial yesterday laid off one-third of its workforce, just months after raising $355 million in VC funding at nearly an $11 billion valuation. Why it matters: For some, the financial ramifications go well beyond the loss of future salary. In February, we discussed how Bolt offered […]
Finance & Loan
How to improve personal loan applications: 6 ways to boost approval odds
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. Before […]
Is it better to finance through a bank or dealership?
When the time comes to purchase your next car, you must first decide whether you will go directly through your bank or the dealer itself to obtain vehicle financing. While they both leave you with the ability to drive off with a new car, they differ in experience, available rates […]
This Week’s Student Loan Refinancing Rates: May 31, 2022
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Terms apply to offers listed on this page. Read our […]
Government should stop making student loans
Paul F. deLespinasse President Biden is pondering whether to forgive unmanageable debts owed to the government by students who used them to finance higher education. It is unclear what Biden should do about these past loans. But it is obvious what needs to be done about the future: the government […]
Supreme Court sides with Sen. Ted Cruz in campaign finance case : NPR
Sen. Ted Cruz challenged a federal law that bars federal candidates from raising more than $250,000 to repay a candidate’s loans to his own campaign. He triumphed at the Supreme Court Monday. Michael M. Santiago/Getty Images hide caption toggle caption Michael M. Santiago/Getty Images Sen. Ted Cruz challenged a federal […]
Fintech Lender Upstart Says It Won’t Keep Excess Loans on Balance Sheet
Fintech lender Upstart Holdings Inc. will no longer park loans on its balance sheet that financial institutions aren’t interested in buying after its decision to hold on to such loans earlier this year surprised investors, its finance chief said. San Mateo, Calif.-based Upstart offers personal loans based on a machine-learning-powered […]
China cuts mortgage lending rate by record as lockdowns hit economy
China has cut its main mortgage interest rate by the most on record as it seeks to reduce the economic impact of Covid-19 lockdowns and a property sector slowdown. The five-year loan prime rate was lowered from 4.6 per cent to 4.45 per cent on Friday. The reduction in the […]
EPA Announces $284 Million WIFIA Loan to Modernize Water Infrastructure in DeKalb County, Georgia
Nationally, 83 WIFIA loans are financing nearly $32 billion in water infrastructure upgrades, creating 95,000 jobs May 19, 2022 WASHINGTON — Today, at an event with DeKalb County Chief Executive Officer Michael L. Thurmond and other local officials, U.S. Environmental Protection Agency (EPA) Assistant Administrator for Water Radhika Fox announced a […]
Toxic Debt Red Flags And How To Avoid It
Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. The word debt can often have a bad connotation, but not […]