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The Federal Reserve recently approved the first interest rate increase in years, and interest rates are expected to rise more than once in 2022, which means it will cost more to borrow money. Unlike.
If you follow the advice of most mainstream money pros, then you've started the new year by taking a second look at your current bank and making sure that you couldn't do better elsewhere. If it turns.
Interest rates are expected to rise more than once in 2022, which means it will cost more to borrow money. Unlike in normal years, pricier loans probably won't come with the tradeoff of higher savings.
Most states require some level of car insurance. But with the average cost of full-coverage car insurance at $1,674 a year, not everybody can easily pay.
Insurers do not factor income when determining insurance premiums; you don’t pay less if you earn less. You may, in fact, pay more, because of insurance-industry practices that critics say discriminate against people with lower incomes.
“Lower-income customers are often forced to pay more due to the use of zip codes and employment in insurance underwriting,” says Nestor Hugo Solari, co-founder and CEO of Sigo, an auto insurance provider that aims to reach immigrants and Latinx customers.