Half of Current’s customers have multiple jobs
The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current CEO Stuart Sopp finds almost half of the firm’s payment…
Why Fed decision on rates won’t offer relief on Main Street
Oleksandra Yagello | Moment | Getty Images In many respects, conditions are good for U.S. small businesses. Inflation, from the cost of goods to wage growth in the labor market,…
How much do weddings cost? This one in Las Vegas is just $15
They say love doesn’t cost a thing. But that certainly isn’t true of weddings. In 2022, couples in the United States spent, on average, nearly $30,000 to get married, according…
Risky options for Main Street cash, credit as banks say no on loans
Under current banking and credit conditions, many small businesses are likely being bombarded with pitches for online loans and cash advances. Some of these offers, however, could lead the business…
How many credit cards should you have? It’s not zero, say experts
Jose Luis Pelaez Inc | Digitalvision | Getty Images Why having a credit card can be beneficial Having a credit card — and using it responsibly — is a good…
Credit card rates stand at a record 20.69%
The Federal Reserve may have paused its aggressive interest rate hikes for now, but that offers little relief for anyone with credit card debt. The central bank raised interest rates…
Don’t let these 3 credit myths cost you money as interest rates rise
Credit scores play a key role in your financial life. Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. And…
Household debt soars at fastest pace in 15 years as credit card use surges, Fed report says
Luis Alvarez | Digitalvision | Getty Images Households increased debt during the third quarter at the fastest pace in 15 years due to hefty increases in credit card usage and…
What the Fed’s fourth 0.75 percentage point rate hikes means for you
The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on Wednesday, marking an unprecedented pace of rate hikes. The…
How the U.S. government can keep household debt in check
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than…