Signals from the Federal Reserve indicate substantial rate hikes are on the horizon. As a result, loan rates will increase in tandem with moves by the Fed. In part, the Federal Reserve is considering drastic increases to slow inflation that has been caused by shortages of goods, low rates and increased demand. We want to…
You may have noticed “Buy Now, Pay Later” – BNPL for short – options showing up when shopping online. Letting shoppers split their purchases up into four or more payments, these types of installment loans are rising in popularity – but are they right for you? A dedicated line of credit, like a Flex Loan from…
You have probably heard of the Advance Child Tax Credit payments that are slated to start in mid-July, 2021. We have received several questions about these payments and hope to shed some light on these payments as well as the implications and benefits they could have on your family’s finances. Most importantly, although part of…
Don’t Let Taxable Unemployment Benefits Catch You Off-Guard Many Americans who were both directly and indirectly impacted by the COVID-19 pandemic have found it necessary to file for unemployment benefits. These benefits provide much-needed relief, but there are a few tax-implications that could loom on the horizon for recipients. Unemployment benefits, including the additional $600…
