ScrubMoney Financial Blog
When is the Best Time to Refinance Your Mortgage
Refinancing your mortgage at the right time can save you thousands of dollars. Doing it at the wrong time will cost you thousands. Before refinancing read on and discover when it is worth refinancing and how to get the best rate. Why and when you should refinance a...
Mortgage Rates by Credit Score Go Up and Down
Buying a home is one of the biggest financial decisions you will ever make both in terms of the amount you will borrow and the length of time you will be committing to the loan. The interest you pay on your home mortgage go up and down based on your credit score....
Current Federal Funds Interest Rates Easy
The current Federal Funds Interest Rate affects the rate banks borrow money at. The Fed Funds Rate affects mortgage, credit cards and other loan interest rates. The higher the Federal Funds Rate is the more expensive it is to borrow money, where lower rates make loans...
Compound Interest – The Eighth Wonder of the World?
Albert Einstein Compound Interest Quote “He who understands it earns it; he who doesn’t, pays for it.” Albert Einstein (maybe). Albert Einstein (maybe). While it is up for debate if Albert Einstein ever said the above quote or called compound interest the eighth...
What Home Mortgage Rates Are Made Of
Buying a home is one of the most significant commitments you will make in your lifetime. And unless you are born into wealth or win the lottery, a mortgage is a fact of life for most people. It will most likely be the biggest loan you will ever take out with a...
How High Are Pay Pal Credit Card Fees
Pay Pal is widely accepted as a way to pay for things online and for businesses to collect money from their customers. If you’re a business owner, your PayPal credit card fee paid is important. How much are the credit card fees? PayPal Credit Card Fee The PayPal...
Mortgage Rates by Credit Score Go Up and Down
Buying a home is one of the biggest financial decisions you will ever make both in terms of the amount you will borrow and the length of time you will be committing to the loan. The interest you pay on your home mortgage go up and down based on your credit score....
Current Federal Funds Interest Rates Easy
The current Federal Funds Interest Rate affects the rate banks borrow money at. The Fed Funds Rate affects mortgage, credit cards and other loan interest rates. The higher the Federal Funds Rate is the more expensive it is to borrow money, where lower rates make loans...
Compound Interest – The Eighth Wonder of the World?
Albert Einstein Compound Interest Quote “He who understands it earns it; he who doesn’t, pays for it.” Albert Einstein (maybe). Albert Einstein (maybe). While it is up for debate if Albert Einstein ever said the above quote or called compound interest the eighth...
What Home Mortgage Rates Are Made Of
Buying a home is one of the most significant commitments you will make in your lifetime. And unless you are born into wealth or win the lottery, a mortgage is a fact of life for most people. It will most likely be the biggest loan you will ever take out with a...
How High Are Pay Pal Credit Card Fees
Pay Pal is widely accepted as a way to pay for things online and for businesses to collect money from their customers. If you’re a business owner, your PayPal credit card fee paid is important. How much are the credit card fees? PayPal Credit Card Fee The PayPal...
Interest Rates Explained in Simple Terms
What are interest rates and how do they work? We hear about them all the time, especially when borrowing money. If you have a mortgage or car loan you want your interest rates to be low. If you live off your savings or investments, you want them to be high. But have...
How to Get a Better Credit Score
How to Get Better Credit Scores How to get a better credit score is simple, but a lot of work. We made this credit guide to help you think about and plan raising your credit score. Having excellent credit allows you to get the best rates for financing large purchases...
High Inflation Rates in 2022
Inflation has been the news for several years now; with extremely high consumer inflation rates taking place in 2021-22. It is making prices go up drastically – the cost of things we buy, energy we use and things we consume. At points in 2022, inflation reached as...
The 7 Fastest Ways to Save Money
If you want to make a large purchase or plan for your financial future in the best way possible, you are going to want to start saving money as soon as possible. Saving as much as you possibly can will help reach your goals in less time – so what are the fastest ways...
How Credit Card Companies Make Money
How Credit Card Companies Make Money The credit card industry is big business. They process over 23% of all consumer transactions in the US, and their usage is growing. With online shopping becoming more common, and the rewards points, bonuses and security offered to...
Retirement Calculators
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Saving money is not only good, but can be fun.
How to save money – off your monthly bills, things you buy and services you use.
