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Should Credit Scores Affect Your Auto Insurance Rates?
Most auto insurers take credit scores into account in determining rates. This is impacting consumers especially hard in these tough economic times, and many states are taking steps to help.
Read →Bernanke's latest move is as bold as they come. But, its not certain to succeed.
Read →Is gold really a hedge against inflation? The conventional wisdom says yes but the data seems to suggest otherwise. Indeed, the data suggestions that gold is not a hedge against inflation as it is portrayed.
Read →The Labor Department reported today that the Consumer Price Index rose by .4% in February versus a .3% rise in January. The numbers fall comfortably within the Fed's target zone. For savers, the inflation rate is small enough to have a minimal impact.
Read →UFBDirect.com is offering a 12-month CD for a competitive rate of 2.90% APY.
Read →Federal Reserve Chief Ben Bernanke appeared on 60 Minutes and said he believed the recession would end later in 2009. He also said he believed that rates would have to rise to forestall inflation.
Read →Redneck Bank, and it's sister sites AmericaNetBank.com, and Evantagebank.com are all owned by the Huckabay banking family. Redneck has quickly become the most popular of the three. Here's the history behind the name.
Read →Discover Bank emailed me the other day to let me know they have a redesigned website with some new features. I took a look and it also prompted me to see how they were doing on rates.
Read →E Loan is waiving the early withdrawal penalty on CDs for the month of March. It may be helpful for consumers who need the cash but it's also a move by E Loan to phase out high yielding CDs.
Read →One Georgia Bank, located in Atlanta GA is offering a 7-Month CD at 3% APY to customers who deposit a minimum of $5,000 in the CD and who also have a personal interest checking account.
Read →Munis are becoming much more attractive than the best online CDs and savings accounts.
Read →Putting money anywhere is risky these days. Getting any kind of decent return without a whole lot of risk is almost impossible. Treasuries yield nothing, and if inflation hits, as it surely will, even the value of the principal will drop. CDs seem to be the best bet to get some kind of safe return, but these rates are dropping fast. There is a whole range of other options from TIPS, Strips, corporates, high yields, agencies, and preferreds, but all these are either less safe or yield no more than treasuries. Only municipal bonds offer an alternative, but one has to be careful here too.
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