Q&A :

How to get a credit card as a minor?

To my understanding, to get a credit card as a minor I would have to be 18 or I would have to be on an account with one of my parents. Unfortunately for me my parents...

Having a separate bank account for business/investing, but not a "business account?"

Say I invest and I’m self-employed. I have one “personal/everyday” account, but would like to separate another account purely as a “staging...

Will one’s education loan application be rejected if one doesn't have a payslip providing collateral?

Is it possible to reject education loan by SBI/IOB for abroad if don’t have payslip where parents are doing small business but provided necessary collateral which is...

How to open a US bank account from abroad?

I’m stuck to a situation. I’ve was living to the USA on non-resident L1B visa , till last year my visa expired so I moved to India. I filed my tax return,...

Do laddered term life-insurance strategies give significant savings over getting re-rated with shorter term policies?

I have been reevaluating my life-insurance strategy and having remembered an article about using laddered term life insurance to give you a higher amount of coverage in...

How do I minimize my risk when loaning someone my car?

My wife and I recently had a third child, so we bought a minivan to replace her compact car. Since the car is over 10 years old with almost 150K miles, we know it...

Condo hazard insurance — who takes the next step? Everyone else is refusing

I live in California. The bank (in Atlanta) who has our home loan needs to see proof of our condo master hazard insurance policy or they will buy us a policy. The agent...

Auto liability insurance and underinsured policy

I live in MA. Recently I was in an accident where the over driver was at-fault 100% and is not contesting this. I was moderately injured and had several dr appoints and...

Insurance broker – Online vs. physical location?

I have had my home & auto insurance with USAA for a couple of years now, and have never filed a claim. I have heard people recommend finding a broker with physical...

What exactly are the logistics of refinancing a mortgage?

When you get a mortgage for buying a home, the logistics (all the paper signing etc…) are usually handled by the lawyer responsible for the overall home purchase...