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Franklin Synergy Bank is offering a 2.15% APY 12-Month CD. That's currently the best 1 year cd rate according to the BestCashCow rate tables.

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Compound Interest

What is Compound Interest? Albert Einstein, well known for being smarter than the average, once called compound interest "the greatest mathematical discovery of all time". However it’s not totally necessary to be as... Read →

Five Tips for Raising Your Credit Score

Your credit score is the best way a bank can tell if you are worthy of a loan or credit. There are several things you can do to maintain a decent and respectable credit score.

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Savings and CD rates continue to hover at pitiful rates. Average savings rates reached a new record low of 1.51% APY last week, down 3 basis point from 1.54% APY the previous week. Average one-year cd rates actually rose 3 basis points... Read →

A survey commissioned by ING Direct has some interesting findings on American attitudes towards savings and debt.

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Now we are faced with a very real human tragedy (as opposed to a financial one) just beyond our borders affecting 3 million. Is our response adequate when compared to our response last year?

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Five Ways to Save Money for Your Down Payment

Waiting for the best mortgage rates before buying a home can be a good idea. But how can you be ready with that down payment when the mortgage rates are at a low?

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We all know to save money, but few do. This article explains 5 guidelines to begin (and continue) saving money.

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Ally Bank today rolled out a new checking online checking account. Up until now, the online bank had only offered savings and cd products.

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The average rate on a 30-year fixed mortgage dropped from 5.09% to 5.06% according to data from Freddie Mac. This is consistent with data from the BestCashCow rate tables which show average 30-year mortgage rates moving from 5.143 to... Read →

Four Ways to Pay Off Your Mortgage Sooner

Paying off your mortgage sooner than scheduled is an ideal way to lift a financial burden off of your shoulders. Just be sure to do it the right way!

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Bank of the West is offering $100 to open a checking account and either set up a direct deposit or pay 10 bills online.

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Since the banks recently announced their hefty bonus plans, I've seen many comments and heard many pundits support the right of banks to give themselves the payouts. The argument goes like this: They paid back their TARP loans, they are... Read →
Jon Stewart on the Daily Show said what many of us are thinking: what is wrong with these banks awarding themselves billions right after nearly collapsing the economy. He points out the hubris of the bankers to be giving themselves billions... Read →

Tips for Refinancing Your Upside-Down Mortgage

Upside-down mortgages are becoming more and more common due these days due to the recent problems in the mortgage industry. It may be more difficult to refinance an upside-down mortgage, but it is not impossible.

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