How to live with the low limit on your first credit card

The thrill of being approved for your first credit card may subside – at least a little – when you see the news punctuate this congratulatory message: Your new credit limit is lower than you expected. Mental arithmetic therefore begins. Can you shop for a full month without flying too …

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Agencies ask lenders to offer small loans

Share Tweet Share Share Share E-mail Five federal financial regulatory agencies are encouraging banks, savings associations and credit unions to offer small loans to consumers and small businesses in response to the coronavirus pandemic. In one joint statement released on Thursday, March 26, the Federal Reserve Board of Governors, Consumer …

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Collision insurance: who covers and who needs it

Collision insurance sounds simple enough, but it won’t cover all the bills after an accident. Collision coverage pays to repair damage to your own car when you hit another vehicle or an object such as a lamp post or a fence. It can also pay if another driver hits your …

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