The Citi Flex Plan is a basket that holds the Citi Flex Loan and Flex Pay options. Citi indicates that these debts are subject to their own APR, separate from that which applies to your regular credit card balance. You automatically create a Flex Plan when you take a Flex Loan or arrange...
A mature company may also skip paying a dividend in favor of reinvestment or to cover costs. This can be a bad omen for investors, particularly if the company is under financial strain or expects future earnings to slow. So be selective when buying dividend stocks. How to Choose the Right...
Some businesses require giving a manager a notice in advance before taking PTO. While such a time off policy is supposed to be flexible, you still want to consider your colleagues, customers, managers, vendors or anyone you work with who will be inconvenienced by your absence. Calling in sic...
Compound interest is a term you've probably heard of, but understanding just how it works can save you in the long run. A study that looked at insights from the S&P's Global Financial Literacy Survey found that "consumers who fail to understand the concept of interest compounding spend more...
Loans backed by the Federal Housing Administration may qualify for a couple of loan modification options. The FHA has expanded its COVID-19 relief options to all homeowners, whether or not their hardship is pandemic-related. The COVID-19 Advance Loan Modification changes your mortgage's terms ...
For context, a 30-year fixed mortgage means a mortgage that is completely paid off in 30 years at an interest rate and monthly payment that stays the same over the life of the loan. Using FICO credit scores and home purchasing data from Informa Research Services, we calculated what the ...
You may have an even more tax-friendly way to pay your childcare bills than the child and dependent care credit: a childcare reimbursement account at work. These accounts, often called Flex Plans, let you divert up to $5,000 of your salary into a special tax-advantaged account that you ...
Multiple factors, from age and income to employment and credit score, can significantly impact your eligibility for a credit card. After all, a credit card is a financial responsibility. While it offers the convenience of cashless transactions and the potential for rewards, it also requires discipl...
A flex loan is usually anunsecured line of credit, which means you do not have to put up one of your assets, such as your car, for collateral. While you do not risk losing an asset, the lender assumes more risk if you do not repay what you borrow. As a result, flex loans typical...
A leveraged loan is one that is extended to companies or individuals that already have considerable amounts of debt or a poor credit history. Leveraged loans typically have higher interest rates.