Editor’s note: Offers for an American Express Business Loan are not available at this time per the American Express website. Our Take The bottom line: American Express business loans are a good option for cardholders who have been pre-approved by American Express and are looking for quick credit solutions. Pros & Cons Pros No collateral…
American Express offers many credit cards with airport lounge access. But American Express lounge access isn’t equal across all AmEx cards. AmEx lounge benefits for some cards include complimentary access to over 1,400 airport lounges around the world while other cards don’t even allow you paid access to Centurion Lounges. Terms apply. Let’s review the…
Banks and credit unions tend to offer the most affordable business financing — if your business can qualify. Only a fraction of small-business loan applications are approved, and this disparity is getting worse. According to the Federal Reserve’s 2022 Small Business Credit Survey, approval rates from both small and large banks declined from 2019 to…
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about when and how to give your family and friends money. Then we pivot to a conversation about what’s driving inflation with Darian Woods from NPR’s podcast “The Indicator from Planet Money.” Check out this…
Imagine that all your belongings are destroyed in a house fire. Thankfully, you have insurance. But to file a claim and get reimbursed, you have to make a list of everything you lost. How many of your belongings would you be able to remember? I tried it on a smaller scale, listing everything I could…
A short squeeze is a market phenomenon in which a shorted security, such as a stock, jumps unexpectedly in price. Investors who short a stock are betting the stock will go down in value. To capitalize on that, they borrow shares from a broker, then sell them at the current price. When the stock price…
Driving has long been central to American culture, and we’re on the road now more than ever: We drive over 3 trillion miles each year, and that number keeps going up, according to the U.S. Department of Transportation. Add to those numbers the increasing dangers of distracted driving and you have a mix that is…
Insurance is a complex purchase — policies are hard to understand, the reputations of insurance companies can be difficult to determine, and what exactly you’re paying for isn’t always clear. Making an informed decision amid the overwhelming amount of information takes some effort, diligent research and, sometimes, a bit of luck. As it turns out,…
Whether you plan on using your RV as a full-time home or for occasional road trips, insurance is a must. Adding your RV to an existing car insurance policy may be an option, but RVs are much more than just cars. For better financial protection, consider RV insurance. This coverage combines elements of auto and…
Whether you’re saving up for a special occasion — like a honeymoon — or just an upcoming getaway, many travelers opt to save future travel funds in a dedicated bank account. For United Airlines loyalists, this process can be even simpler. United MileagePlus account members can access a budgeting tool called United TravelBank. Let’s dive…