3 apps that can help improve credit score

3 apps that can help improve credit score

A credit score is a measure of one’s creditworthiness, usually presented as a 3-digit number between 300 and 850. If one has a higher score, it makes one a better candidate for loans. However, a bad credit score can make it challenging to obtain loans. Fortunately, some apps available in the market can assist one in improving one’s credit score. Continue reading this article to learn about the best apps to help improve a bad credit score. 3 apps to help improve a bad credit score Credit Karma With an experience that spans more than a decade, Credit Karma is one of the best apps to consider when trying to improve a bad credit score. One may come across various beneficial tools that can trigger changes in the credit score while using this app. This includes access to one’s credit report, tips to increase credit score, and even products that can prove beneficial in saving money. Experian As a credit-building software, Experian gives its customers access to adaptable and straightforward offerings. This comprises access to FICO and Experian credit scores, the Experian Boost feature, credit score change alerts, and credit card recommendations. All of these features are available to users for free, providing them with easy access to all the necessary information.
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Key things to know about employee retention credit

Key things to know about employee retention credit

During the pandemic, the government issued multiple orders that directed certain businesses to shut down or required employees to work from home. Even partial curfews and restricted travel or movement directives directly affected the functioning of a business. That is why the government also introduced the Employee Retention Credit or ERC to eligible businesses impacted by the scale of these orders. The tax credit provides businesses much-needed leverage to survive and recover operations post-pandemic. Who can avail of the credit? Changes in regulations and policies could significantly impact travel, business operations, meetings, and other activities that a company relies on to remain profitable. Employers can apply for employee retention credit regardless of the organization’s size or tax exemption status. This credit incentivizes employers to keep their employees on payroll and receive a tax refund in return for retaining their workforce. The credit amount is 50% of $10,000 in the wages paid to the employee for eligible quarters in 2020. This works out to $5,000 per employee per quarter. For 2021, the credit amount is 70% of the $10,000 in wages paid to the employee for eligible quarters in 2020. This works out to $7,000 per employee per quarter. Businesses can claim tax credits per quarter to offset slow business or losses incurred due to government orders.
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6 best airline credit cards to check out

6 best airline credit cards to check out

An airline credit card is a co-branded travel rewards card that is jointly offered by an airline and a card issuer network. This card allows users to earn frequent flier miles to win travel benefits on their purchases. They also offer benefits such as sign-on bonuses, priority boarding, free checked baggage, access to airport lounges, elite status, and more. Currently, these are the six best airline credit cards one can avail of: Capital One Venture X Rewards Credit Card The Capital Card is one of the most premium travel credit cards with a fairly low annual fee of $395. The card offers up to a 10x reward rate on flights, hotels, and rental cars, making it a crowd favorite. United Club℠ Infinite Card Users can earn up to 4 miles per dollar spent on on United®. The card comes at an annual cost of $525 but offers several perks, such as up to 80,000 bonus miles (conditions apply), free first and second-checked bags, Premier Access travel services, and more. Chase Freedom Flex℠ For those looking for a card with no annual fee, the Chase Freedom Flex is ideal. It offers a quarterly cashback reward rate of up to 5% on rotating categories, to a combined maximum of $1500.
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5 mistakes to avoid while opening a CD

5 mistakes to avoid while opening a CD

When considering low-risk investment options, a certificate of deposit (CD) is one of the most common options. CDs offer a safe way to grow savings while earning a fixed interest rate over a set period. However, like any financial endeavor, opening a CD requires careful consideration and knowledge to avoid common pitfalls and get the most out of the investment. So, here are five common mistakes to avoid when opening a CD: Not exploring all options One of the most common mistakes while opening a CD is not shopping around for the best rates. Banks and credit unions offer varying interest rates on CDs. Failing to compare rates could make one miss out on higher returns. So, one must explore various financial institutions and choose one offering the most competitive interest rates. Ignoring the fine print All financial products come with terms and conditions, and CDs are no exception. Ignoring the fine print could lead to unexpected surprises and financial losses. Some CDs have penalties for early withdrawal, while others may automatically renew at less favorable rates. So, it is crucial to read and understand the terms of the CD agreement beforehand to ensure it aligns with individual financial goals.
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8 things to keep in mind before investing in precious metals

8 things to keep in mind before investing in precious metals

Before investing in precious metals like gold, silver, platinum, or palladium, individuals should have an idea about their different types and diversify their portfolios to mitigate risk. People should understand market drivers, like economic indicators and geopolitical events, and adopt a long-term perspective. Be cautious of scams, consider tax implications, and assess the liquidity of the chosen metal. Before investing in precious metals, make sure you keep in mind the important aspects listed below. Understand the Types of Precious Metals Investors should start by understanding the different types of precious metals available for investment. Gold and silver are the popular choices, but platinum and palladium also play significant roles in the precious metals market. Each metal has unique properties and uses, which can influence its value and market dynamics. Diversification is Key Diversifying a precious metals portfolio is a fundamental strategy. Investing solely in one type of metal can expose an investor to higher risks. Diversification helps spread risk and optimize the potential for returns. Storage and Security Investors seeking physical ownership must consider secure storage options. Common choices include safe deposit boxes, private vaults, or secure home safes. Security measures play a crucial role in protecting these valuable assets.
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4 common mistakes people make when investing in gold

4 common mistakes people make when investing in gold

Gold has long been a symbol of wealth and a store of value, making it a popular choice for investors who would like to diversify their portfolios. However, the path to successful gold buying and investment is riddled with pitfalls that can derail even the most well-intentioned individuals. Here are some of the most common mistakes people make when venturing into the world of gold investment and some tips on how to avoid them. Not researching the market before investing The gold investment market is expansive and multifaceted. Simply holding physical gold in the form of coins or bars is just the tip of the iceberg. There exists a plethora of investment options, including Gold ETFs (Exchange-Traded Funds), gold futures contracts, gold mining stocks, and gold mutual funds, among others. The value of these assets fluctuates not only based on broader market dynamics but also on company-specific factors. So, it is important to research them beforehand to navigate this market effectively. Not checking if the gold is authentic Ensuring the gold’s authenticity is paramount because counterfeit or impure gold can lead to significant financial losses. To avoid this pitfall, investors should consider several measures. Conducting simple authenticity tests, such as using a magnet (since gold is not magnetic) or checking for proper hallmarks, can be informative.
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Top payroll software for small businesses

Top payroll software for small businesses

If you run a small business, payroll software can help you manage all the particulars and activities regarding your employee workforce. If you have 50 to 100 employees, it can get a little difficult to keep track of all the payslips, tax files, and other important employee details. That’s where payroll software for small businesses come in. Let’s look at the top software options you can choose from: Gusto Hailed as one of the best payroll software for small businesses, Gusto offers a comprehensive system with intuitive software that can help you handle a variety of employee-related matters. These include employee pay stubs and tax forms, benefits and payroll reports, health insurance, state and federal unemployment insurance, PTO tracking, direct deposit facilities, wage garnishments, automated tax filings, and unlimited payroll runs in all 50 states. The interface is easy-to-use, and the brand offers a free demo as well. Unlike other software, Gusto does not charge extra for features like automated billing, health benefits, online estimates, and workers’ compensation. ADP This software can take HR and payroll off your hands, easing your burden if you’re managing a small business. It handles all the time-consuming tasks for you, ranging from managing employees’ 401(k) accounts to filing payroll taxes, and it also takes over tasks like onboarding, hiring, and recruiting.
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Business class flights and its features

Business class flights and its features

All of us have daydreamed about traveling business class when we make a steady shuffle from business class to economy. Yes, it lures us with its spacious cabins, and luxe and cushy comforts. So, is it worth flying in a first-class or business class flight? Let’s discuss some of the best business class flight features that will prove that it is worth every penny. Priority check-in For travelers traveling business class, the check-in process is a lot more convenient and easier. You don’t need to stand in the long queue to finish your check-in procedure. Go ahead and sit down at the waiting room seat while the staff handles the check-in for you. Extra baggage allowed Now, this completely depends on the policy of the airline. However, irrespective of the airline you are traveling with, the permissible baggage allowance for a business class is certainly more than economy class travelers. So, if you are a shopaholic, it could be a huge plus. Access to the special lounge Ahead of the boarding time, business class travelers can wait in the exclusive lounge dedicated to them. Again, it might vary from airline to airline and airport to airport, but in most lounges across the globe, you’ll get scrumptious snacks and food.
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Planning a cruise around the coasts of North America

Planning a cruise around the coasts of North America

For holiday goers and frequent vacationers, cruise holidays around the North American continent are an excellent choice. Cruising along the west or the east coast of the beautiful continent is truly a delightful experience and lets you experience the culture uniquely. Fortunately, there is a myriad of different cruise vacations available all around North America. Here are our top choices: Eastern Coast of North America There are several things to do during your cruise holiday to the eastern coast of North America. It is not only ideal for a memorable cruise holiday, but is also a great pick for luxury holidays, family trips, honeymoons, luxury holidays, and even an activity-based holiday. In the cruises around the eastern coast of America, you’ll mostly cover South Carolina, Boston, Florida, New England, as well as New York in the United States of America, and Nova Scotia and Montreal in Canada. Western Coast of North America As for the Western Coast of North America, there’s an equally exciting range of things to do. On your cruise, you can take an exciting and fun family trip to Vancouver, venture the lively and vibrant San Francisco city, relax and unwind on the beaches in California, enjoy a wholesome experience along with fantastic music in Seattle, or take a tour around various ports like those in British Columbia, Oregon, or Washington.
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Top 4 luxury hotels in Boston that are stay-worthy

Top 4 luxury hotels in Boston that are stay-worthy

Be it for college visits, business travel, love for history and art, or the delicious food, several thousands of people visit Boston annually. Now, the good thing about Boston is that, much like most of the other aspects, the city has some of the finest range of hotels. Of course, you can find a hotel to cater to your budget, but if luxury is what you seek, our selection of the top four luxury hotels in Boston will certainly excite you. Four Seasons Hotel Known for its incredible health club, phenomenal service, a beautiful park-front location, clean pool, 273 spacious and luxurious rooms, and an iconic restaurant serving lip-smacking delicacies, the Four Seasons Hotel in Boston attains a well-deserved number one spot in this list. The guest room bathrooms are also great, superior to the ones you’ll find in some other top-notch hotels of Boston. Nonetheless, the service you get is unprecedented. The hotel staff pays attention to the minutest details and is proactively helpful. Furthermore, the iconic location of the hotel, right next to the city’s Public Garden, only adds to its charm and beauty. Mandarin Oriental Founded in the year 2008, the beautiful Mandarin Oriental is rightfully a close second on this list.
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