Not all debts can lead to a bank levy, and not every missed payment puts your account at risk. Seksan Mongkhonkhamsao/Getty Images Debt has become harder for the average borrower to manage over the last year, even as inflation has cooled from its recent highs and interest rates have started to ease. Part of the … Read more
Savers looking to earn a high interest rate have three primary accounts to consider right now. dontree_m/Getty Images Saving a five-figure amount of money isn’t always easy to do. But in the economic climate of recent years, in which inflation surged, interest rates rose alongside it, and the expenses of everyday living became difficult to … Read more
One of the most serious potential debt lawsuit outcomes is a frozen bank account, but there are limitations to this tactic. Aldo Ottaviani – Italy/Getty Images Dealing with old, unpaid debt isn’t just expensive; it can also be surprisingly frustrating. After all, when it comes to aging debt, the timelines for what can happen (and … Read more
Savers should carefully weigh their account options before depositing a large, six-figure amount into either. porcorex/Getty Images In a traditional economic climate, depositing a five-figure amount of money into a savings account may not have made much financial sense. And depositing a larger, six-figure amount of money should have typically been avoided. But the economic … Read more
Interest earnings with a money market account will pile up over time, especially if the account is left untouched. RixSix/Getty Images In the elevated interest rate landscape of recent years, savers could be forgiven for exclusively focusing on certificate of deposit (CD) accounts. After all, at points in 2023 and 2024, rates here were as … Read more
The choice between a high-yield savings and money market account can come down to user preference now. Zen Rial/Getty Images If you had a goal of saving up a few thousand dollars in recent years – and achieved it – you may now be ready to move on to the next step: searching for a … Read more
Money market accounts could make sense in today’s rate landscape, but are they really the best option for savers? Andrii Yalanskyi/Getty Images The best place to park your savings right now might not be the account you’ve been hearing about. High-yield savings accounts have dominated the conversation among savers for the better part of two … Read more
Splitting money between CDs and money market accounts could make sense in today’s economy. Natnan Srisuwan/Getty Images While earning as much interest as possible on your money is ideal, the reality is that sometimes even a little extra goes a long way. And that’s especially true in the unique economic climate of March 2026. With … Read more
Knowing what to do quickly if your bank account is frozen can make a major difference in how the issue unfolds. FrankvandenBergh/Getty Images Few financial situations feel more urgent than discovering you can’t access the funds in your own bank account. Whether it happens while trying to pay a bill, when you’re withdrawing cash or … Read more
A debt collector can garnish your bank account, but only up to what the law allows. Getty Images/iStockphoto Many borrowers assume that once a debt goes unpaid long enough, the worst a debt collector can do is damage their credit score. That assumption is wrong — and for the tens of millions of Americans with … Read more