How to prepare for a date with a new credit card
Sometimes applying for a credit card can seem like a long series of bad first dates. And trust us, finding your dreamboat credit card is tougher than ever. Here are three tips to getting your next credit card application approved.
News roundup December 23, 2023
Credit Sesame’s personal finance news roundup December 23, 2023. Stories, news, politics and events impacting personal finance during the past week. 1. Key inflation measure shows prices fell in November 2023 The Personal Consumption Expenditures (PCE) price index declined by 0.1% in November. The PCE price index is the measure of inflation primarily used by […]
How to save when buying a car
Credit Sesame with some thoughts on how to save when buying a car. Buying a new car can be one of the most frustrating purchases in a consumer’s lifetime. While it’s not the biggest expense ever, negotiating with a car salesman can be a big enough headache that you’ll never want to do it again. […]
Who benefits from the Fed’s interest rate policy in December 2023?
Credit Sesame discusses the Federal Reserve interest rate policy outlined in the December 13, 2033 announcement. The Fed announced on December 13 that it decided not to raise interest rates at this last meeting of 2023,. The stock market jumped up 500 points. Commentators hailed it as a turning point in monetary policy. Why was […]
News roundup December 16, 2023
Credit Sesame’s personal finance news roundup December 16, 2023. Stories, news, politics and events impacting personal finance during the past week. 1. Fed leaves interest rates unchanged The Federal Open Market Committee (FOMC) concluded its last meeting of 2023 by leaving interest rates unchanged. Previously, it had released economic projections showing that it expected to […]
Financial considerations when moving to a new state
Credit Sesame outlines financial considerations when moving to a new state. The average American moves 11.7 times in their lifetime. That can be exhausting and can become more so when moving to a new state. Approximately 4.8 million Americans made interstate moves in 2021, Census data shows. Packing up everything you own and moving it […]
Worst and best places in the United States for housing security
Credit Sesame discusses housing security and where in the United States has most housing insecurity. Imagine 3.27 million more homeless people. Even if you can’t picture yourself being among them, think about how such a flood of additional homeless people would strain the finances and social structure of the United States. According to a Credit […]
News roundup December 9, 2023
Credit Sesame’s personal finance weekly news roundup December 9, 2023. Stories, news, politics and events impacting the personal finance sector during the last week. 1. Government survey finds household finances closer to the edge in 2023 The Consumer Financial Protection Bureau’s Making Ends Meet survey found that American households find it a little more challenging […]
Housing insecurity hits Americans unevenly
Credit Sesame discusses housing insecurity and how it affects Americans of different genders and income levels. Inflation has left its mark on household budgets around the country. It’s especially tough when fast-rising prices hit one of the most basic needs: shelter. As fast as inflation has been rising, the cost of rents has been rising […]
Recent economic news and the Fed
Credit Sesame discusses recent economic news and what it means for the upcoming Fed meeting. At the end of November 2023, the U.S. Bureau of Economic Analysis (BEA) released two positive reports on key aspects of the economy. One signaled strong growth, the other easing inflation. Given that the Federal Reserve has spent the better […]
News roundup December 2, 2023
Credit Sesame’s personal finance weekly news roundup December 2, 2023. Stories, news, politics and events impacting the personal finance sector during the last week. 1. Holiday shopping season begins with a so-so Black Friday Retail sales on Black Friday were up by 2.5% from a year ago, according to the Mastercard Spendingpulse report. That’s lower […]
The bar remains high for typical homebuyers
Credit Sesame on the challenges faced by typical homebuyers. Several trends in the housing market point to slower activity. Is this the break would-be home buyers have been looking for? Previously, purchase demand had been so hot and heavy that prices soared. With that demand finally slowing down, does that mean home prices are becoming […]
Are retailers to blame for inflation?
Credit Sesame discusses whether retailers should take the blame for inflation. Retail prices rose nearly twice as fast as wholesale prices from mid-2022 to mid-2023. This raises a question: are retailers taking unfair advantage of consumers? Before retailers take the blame for inflation rises, it is helpful to look at the relationship between retail and […]
News roundup November 25, 2023
Credit Sesame’s personal finance weekly news roundup November 25, 2023. Stories, news, politics and events impacting the personal finance sector during the last week. 1. Mortgage rates continue to head lower 30-year mortgage rates continued their recent slide with a 0.15% decline last week. This was the fourth consecutive weekly decline for 30-year rates, bringing […]
Biggest credit card mistakes
Credit Sesame on credit card mistakes and how to avoid them. Mistakes happen, and they can often be forgiven. However, make a mistake using your credit card and you may not be forgiven easily. Some issues could cost you money and cause your credit scores to fall. Here are some of the biggest mistakes to […]
