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The Grapevine

6 Do’s and Don’ts When Saving Money During a Crisis

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Probably the last thing you want to think about during a crisis is working on healthy financial habits like saving money. But if you’re able to save, you can make your eventual recovery easier and you may benefit from these saving strategies now or down the road.

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Advance-Fee Loan Fraud and Other Scams to Avoid in 2020

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There’s a new scam born every minute. Here we help you learn how to watch out for advance-fee loan fraud and other common scams that have the potential to ruin your finances, your credit, and your life.

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Make Room on Credit Cards to Add Options in an Emergency

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Maybe you’ve been working through credit card debt for a while now. Here’s how to think about debt payoff now and what tactics you should consider.

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Why Good Credit Matters — Even if You Don’t Plan to Borrow

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Even if you don’t plan to borrow a dime, a good credit record is valuable. Think of it like a household fire extinguisher: It’s smart to have a good one even though you have no plans to use it. Here’s why good credit is so valuable.

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Looking for Safer Ways to Pay? Go Contactless

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Financial coach and business owner Nadia Busseuil has been working hard to make her day-to-day purchases as contactless as possible during the COVID-19 crisis. If she has to pay for something in person, she uses “tap-to-pay” at checkout with her credit card or her smartphone’s wallet app.

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Student Loan Interest Rate Dropping to Historic Low

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The interest rate on new undergraduate federal student loans will decrease to 2.75%, the lowest point on record, for the 2020-21 school year. That is a drop of 39% from 4.53% in 2019-20.

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5 Money Goals If You’re Still Employed During COVID-19

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The coronavirus pandemic has thrown tens of millions of people into financial turmoil. But not everyone is feeling the pinch. Not yet, at least. Here are five ways you can pay down debt, build up your savings and retool your budget while you’re staying at home.

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For Self-Employed, Filing for Unemployment Benefits Is Getting Easier

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Gig workers, freelancers and self-employed workers who lost their income due to the coronavirus may now qualify for unemployment insurance.

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Should You Use Your Emergency Fund During the COVID-19 Outbreak?

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Emergency funds are designed to carry you through temporary financial hardships, like a job loss. That means you shouldn’t be afraid to use it when you actually need it — which could be right now.

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You Can Now Get Free Weekly Credit Reports — Here’s How to Use Them

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The three major credit-reporting agencies announced Monday that consumers can get free weekly credit reports from now through April 2021.

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