Money management

Airbnb reveals the effect of the pandemic on rentals

Airbnb Inc, in a long-awaited filing for an initial public offering, described rising losses and falling revenues while projecting optimism for a rebound in house-sharing demand when the economy finally recovers from the coronavirus pandemic. The list is set to be one of the largest of this year, ending an …

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Synchrony Unveils New Digital Capabilities to Simplify Consumer Financing at the Point of Sale

STAMFORD, Conn., November 23, 2020 / PRNewswire / – Synchrony, a leading consumer financial services company, has expanded its funding platform with new digital capabilities that allow partners to more quickly and easily leverage point-of-sale technology and develop their activity. Synchrony multisource financing™ offers additional loan sources in the Synchrony …

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Is your emergency fund too big?

Three to six months of spending: this is the golden rule for emergency funds. But what amount of emergency fund is right for you? It’s a daunting goal when you start to add up all the items in your budget, but in a real emergency – a layoff, a medical …

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Mortgage Calculator: How Much Can I Borrow?

How to calculate your mortgage qualification What is behind the numbers in our “How Much Can I Borrow?” mortgage calculator When buying a house, the question “How much can I borrow?” should be the second question you ask. The most important consideration is: “How many houses can I afford?“That’s because, …

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Square now offers loans to buyers

Imagine you had to buy a personalized car part and wanted to spread the payment over several months. But you don’t have a credit card. If you shop at Fly1 Motorsports in Southern California, now you have another option: an installment loan from Square. Today, the well-known payment company announced …

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Debt-to-income ratio: how to calculate your DTI

The debt-to-income ratio (DTI) divides the total of all monthly debt payments by the gross monthly income, which gives you a percentage. Here’s what you need to know: Lenders use the DTI – along with credit history – to assess whether a borrower can repay a loan. Each lender sets …

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Upgrade gives users cash back for debt repayment

Share Tweet Share Share Share E-mail The pandemic has changed all kinds of things for consumers. They are more concerned with protecting their health, they work remotely, they have moved most of their business activities online and on mobile – the list goes on. But perhaps the most interesting change, …

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