Blogging Fusion Blog Directory the #1 blog directory and oldest directory online.

GrowthRapidly

Home GrowthRapidly

GrowthRapidly

Rated: 2.57 / 5 | 538 listing views GrowthRapidly Blogging Fusion Blog Directory

United-States/Illinois

 

General Audience

  • 8472082409
  • Joel
  • November 09, 2019 07:18:39 PM
SHARE THIS PAGE ON:

A Little About Us

Growth Rapidly is a personal finance blog, intended to help you save money, make money, and build wealth. Our articles and financial tools are there to assist you to make the best financial decisions, including buying a house, choosing a financial advisor, etc

Listing Details

  • Related URL:
  • How to Dispute Your Transunion Credit Report - GrowthRapidly
  • If you’ve noticed errors or wrong listings on your free credit report, it’s always a good idea to dispute them right away. Failure to do so can cost you. Transunion allows consumers to dispute any inaccuracies listed on their credit report. There are three ways to file a Transunion dispute: by phone, by email, and by mail.
  • Featured Blog Expires: 2020-11-09 19:18:39 (126 days left)
  • Listing Statistics

    Add ReviewMe Button

    Review GrowthRapidly at Blogging Fusion Blog Directory

    Add SEO Score Button

    My Blogging Fusion Score

    Google Adsense™ Share Program

    Alexa Web Ranking: 168,774

    Alexa Ranking - GrowthRapidly

    Subscribe to GrowthRapidly

    CIT Bank CD Rates: How Much Can You Earn

    CIT Bank CD rates are competitive compared to other Banks’ CDs. For instance, a 6-month CIT Bank CD has a rate of 0.50%, which is way higher than the national average rate of 0.25%. How much you will earn depends on the length of the term. But one thing for sure is that the longer … Continue reading "CIT Bank CD Rates: How Much Can You Earn" The post CIT Bank CD Rates: How Much Can You Earn appeared first on...

    CIT Bank CD rates are competitive compared to other Banks’ CDs.

    For instance, a 6-month CIT Bank CD has a rate of 0.50%, which is way higher than the national average rate of 0.25%.

    How much you will earn depends on the length of the term.

    But one thing for sure is that the longer the term of the CD (certificate of deposit), the more money you will make.

    CIT Bank offers CD terms ranging from 6 months to 5 years. The 5-year term CD has an applicable yield of 1.05%.

    The minimum investment requirement is $1,000. But their jumbo CD’s deposit requirement is way much higher, $100,000.

    CIT bank also offers a no-penalty 11-month CD (more on this later).

    Click here to open a CD with CIT Bank.

    See below a table of CIT Bank CD Rates that are available to you:

    CIT Bank Term CDMinimum DepositAPY/Rate
    6 Month$1,0000.50%
    11-Month$1,0000.75%
    1 Year$1,0000.75%
    13 Month$1,0000.75%
    18 Month$1,0000.75%
    2 Year$1,0001.00%
    3 year$1,0001.00%
    4 year$1,0001.05%
    5 Year$1,000$1.05%
    All CIT bank CDs are FDIC insured up to $250,000.

    CIT Bank CD Rates: an overview

    CIT Bank CD rates are very impressive out there.

    When compared to other CDs, such as Vanguard CDs, they compete at a similar or even better level.

    CIT bank CDs, as all certificate of deposits, produce a higher rate than savings accounts, money market funds, etc.

    But not as much as a short-term bond.

    The minimum deposit for CIT Bank’s standard CDs is very reasonable, $1,000.

    The bank’s Jumbo CDs, while produce a higher rate than a standard CD, has a much higher minimum of $1,000 (more on this below).

    What is a certificate of deposit (CD)?

    CDs are certificates that banks or credit unions sell to you.

    Banks issue them to you for a specific dollar amount for a specific length of time.

    The time period could be anywhere from 1, 6, 12 or 24 months to several years.

    The bank pays you some interest. You get your full principal back plus interest you earn once the CD matures or “comes due.”

    If you want your money back before it matures, you can withdraw it.

    But you will get hit with a penalty for early withdrawal. But some banks like CIT Bank, that offer CDs with no penalty.

    CDs are very safe, because they are FDIC insured for up to $250,000.

    See: Grow Your Money: Mutual Funds, Index Funds & CDs

    Are CIT Bank CDs the right choice for you?

    CDs is one of the best short-term investments you can have. Given that their rates are very impressive, CIT Bank CDs may be right for you.

    Therefore, you should consider investing in them:

    • You don’t tend to tap into your money at any moment.
    • You’re saving money for a down payment to buy a house in the near future.
    • You want an investment that provides a higher yield than a regular savings account, money market fund.
    • You’re looking for a safe and low-risk place for your hard-earned money.

    What are the CIT Bank CD rates?

    CIT Bank provides CDs ranging from 6 months to 5 years. The longer the term of the CD, the higher the interest rate.

    For instance, CIT Bank’s 5-year term CD currently has a rate/APY of 1.05%.

    CIT Bank 5-Year CD Rates

    The applicable rate for a 5-Year CIT Bank CD is currently 1.05%. And it requires a minimum deposit of $1,000.

    This is the longest CIT Bank CD term out there. And its interest rate exceeds most CD rates you’d get from banks.

    Learn more about this product and apply on CIT Bank’s secure website

    CIT Bank 4-Year CD Rates

    This 4-year CIT Bank CD also requires a minimum deposit of $1,000.

    This CD’s yield is the same as the CIT Bank 5-year CD. It is also higher than most bank CDs. The yield is currently is 1.05%.

    CIT Bank 3-Year CD Rates

    The applicable yield for a 3-Year CIT Bank CD is still very competitive. It’s 1.00% and requires a $1,000 deposit.

    CIT Bank 2-Year CD Rates

    The rate for a 2-Year CIT Bank CD is 1.00% and a minimum deposit of $1,000 is required.

    CIT Bank 18-Month CD Rates

    For an 18-Month CIT Bank CD, the yield is 0.75%. The minimum deposit is $1,000.

    CIT Bank 13-Month CD Rates

    For an 13-Month CIT Bank CD, the yield is 0.75%. The minimum deposit is $1,000.

    CIT Bank 1-Year CD Rates

    The yield for a 1-Year CIT bank CD is 0.75% and a minimum deposit of $1,000 is required. 

    CIT Bank 11-Month CD Rates

    For an 11-Month CIT Bank CD, the yield is 0.75%. The minimum deposit is $1,000.

    However, the CIT Bank 11-month CD is a no-penalty CD. That means CIT Bank will let you withdraw your money at any time without incurring a penalty.

    This is good for those faced with an emergency situation and need quick and easy access to their money.

    CIT Bank 6-Month CD Rates

    Lastly, for a 6-Month CIT Bank CD, the yield is 0.50%. The minimum deposit is $1,000.

    See: 6-Month CD Rates: Earn More Money

    CIT Bank’s Jumbo CDs.

    CIT Bank also offers Jumbo CDs. They offer a much better interest than CIT Bank’s standard CDs.

    However, they require a much bigger minimum deposit. For example, you will need a minimum deposit of $100,000 to start with.

    Here is a table of CIT Bank’s Jumbo CD rates:

    CIT Bank Jumbo CDMinimum DepositAPY/Rate
    2 Year$100,0001.00%
    3 Year$100,0001.00%
    4 Year$100,0001.05%
    5 Year$100,0001.05%

    How to open a CIT Bank account.

    To get access to the best CIT Bank CD rates, you must be eligible to open an account.

    To be eligible, you must be a US citizen or resident alien. You must be 18 years old or older, have a a US address, a social security number, a driver’s license or state issued ID.

    You also need to have a bank checking account to transfer money to your CIT Bank account.

    CIT Bank CDs Alternatives

    If CIT Bank CDs do not do it for you, or you’re looking to get more interest on your money, then try to invest in the best Vanguard mutual funds out there.

    That way your money is still safe and you get more return on your money.

    Mutual funds are some of the best ways to invest your money.

    One thing you should know, however, is that mutual funds invest in stocks and bonds.

    These securities tend to be riskier. Therefore, you might lose some or most of your investment if the market goes down.

    So, beginner investors wishing to invest in these mutual funds should also consider learning how the stock market works.

    Bottom line

    CIT bank CDs might be appropriate for you if you are not going to use the money for a certain period of time.

    They can be a great choice if you are saving your money for a down payment to purchase a house in the next few years or so.

    Indeed, CIT Bank CDs provides a better yield than bank savings accounts and money market funds. But the money is only available after the CD becomes due.

    So, if access to your money at anytime is a priority, you’re better off save your money in a high yield savings account or the best Vanguard Mutual Funds.

    Tips for Maximizing Your Savings

    • Open a Chase checking account. You will get a $200 bonus when you open a new Chase Total Checking account and set up a direct deposit. And it’s easy to find a Chase ATM just about anywhere. Get started Now.
    • If you have questions beyond CIT Bank CD rates, you can talk to a financial advisor who can review your finances and help you reach your goals. Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

    The post CIT Bank CD Rates: How Much Can You Earn appeared first on GrowthRapidly.


    15 Legitimate Sources to Get Free Money

    They say the best things in life are free, and that is certainly true for money! But is there such a thing as free money? If there is, how do we get it? Free money comes in the form of cash bonuses and rewards we receive when we sign up for a credit card, checking … Continue reading "15 Legitimate Sources to Get Free Money" The post 15 Legitimate Sources to Get Free Money appeared first on...

    They say the best things in life are free, and that is certainly true for money!

    But is there such a thing as free money?

    If there is, how do we get it?

    Free money comes in the form of cash bonuses and rewards we receive when we sign up for a credit card, checking or savings account.

    It can also be cash back we get when making purchases online. Most of us shop online anyway; wouldn’t it be nice to get free money along the way? 

    Getting up to 40% of your purchases would help put some free money in our pocket. 

    Free Money: an overview

    Free money is money you get from performing a certain financial activity. In other words, you have to do something to earn the money.

    For example, if you use cash rebate programs, you’re able to get cash back.

    One site gives you free money just for making purchases.

    Another free app puts your pocket change to work, and grows your money for you without much effort from you. You also get a cash bonus just to sign up.

    Below, we’ll show you how to get money that is absolutely free.

    How to Get Free Money: 15 Legitimate Ways

    While getting free money from these sources will not get you rich, they will however make you extra cash and save money. 

    Get free money by finding lost money.

    Finding money that may be owed to you is literally free money in your hand.

    A $800 rent deposit you forgot about may be sitting somewhere for you to reclaim.

    A government check that you never received because you had moved to another state.

    Fortunately, there are two free databases that exist to see if you are owed money:

    1) MissingMoney.com and 2) Unclaimed.org.

    Those are two free and legit websites to get your money recommended by the government. 

    Earn free money with Rakuten

    Rakuten (formerly known as Ebates) is a website that gives you a percentage off when you shop online.

    To get your free money, you simply go to their website www.rakuten.com, create or login to your account.

    There are over 2,500 stores. All of the major stores are in there. And you can earn up to 40% cash back.

    There are no fees, no forms to fill out. You simply click on the store of your choice and start earning cash back on your purchases.

    You get your free money by getting a check or via PayPal payment.

    Join Rakuten for free and get a $10 bonus money today just for signing up.

    Earn free money through higher APY – Online savings accounts.

    Online savings account provides a free, safe and secure way to grow your money.

    One of the best ways to save money is knowing where to put it. Under your mattress is not a good place. But an online savings account is the best place to park your hard-earned cash.

    The reason is simply because the interest rate is much higher than a traditional bank account.

    CIT Bank is a good online bank, which offers a great interest rate of 1.85% APY for its savings account.

    Ready to start saving? Open an online savings account today!

    401k match: literally free money.

    In case you did not know, a 401k plan can be a great source of free money.

    A 401k plan is a retirement account provided by your employer. Your company deducts a certain amount from your paycheck upon your request and puts it into the account for you.

    Your money in the 401k plan grows free of taxes until you take it out. But the biggest advantage of participating in your employer’s 401k plan is the free money you get when your employer offers a match.

    For example, in some cases, your employer offers to match the amount you contribute to your 401k plan.

    It can be a dollar for dollar match or 50 cents for each dollar you as an employee put in.  It is essentially free money.

    Let’s take an example where your employer’s match is dollar-for-dollar. Let’s say you earn a salary of $45,000. If you contribute 6% of your earning to your 401k, i.e., $2,700, and your employer contribute 100% of what you put in.

    That’s another $2,700 of easy money you’ll earn.

    So, if your job offers a 401k plan and your employer offers a match, make sure you participate. Not doing so is literally leaving free money on the table.

    Free money with Survey Junkie.

    Survey Junkie pays an average of $1 to $3 per survey. And it only takes you between 5 to 20 minutes to complete a survey.

    So, after a quick math, you can make up to $45 in 20 minutes by taking surveys.

    Indeed, Survey Junkie works in 3 ways:

    1) Take surveys: after you build your profile, you take the surveys.

    2) Earn rewards: after you complete your surveys, you earn rewards in the form of points.

    3) Get paid: you can redeem your points for cash via PayPal or by gift cards.

    Start taking surveys and getting paid

    Free money with credit cards.

    You can earn significant free money with the right credit cards.

    There are credit cards with large sign up bonus and ongoing cash rewards.

    For instance, some credit cards offer $500 money back after you spend $5,000 within a certain period of time, plus 1% cash back on purchases.

    To get the most money from your credit cards, you can put as many expenses on them including groceries, gas, electricity, restaurants, etc.

    But remember to pay off your bills in full on time. Paying late fees and interest can wipe put any rewards and free money you might have earned.

    First, you will need to have a good credit score to get approved.

    Of all the credit card companies that gives money back, the Capital One Quicksilver credit card is one of the best, because it has a low fee, low interest and high percentage of money back.

    Indeed, it pays 1.5% cash back on every purchase.

    Get free money for your opinion and completing surveys.

    Sites such as Swagbucks, InboxDollars allow you to complete surveys and make money fast.

    But the real free money comes in the form of bonuses you receive when you sign up. 

    • InboxDollars pays you in cash to watch fun videos and take surveys. They’ll also give you a $5 bonus for free just to give it a try. By spending just 5 to 10 minutes on your free time, you can earn $50 to $70 a month with InboxDollars.
    • Swagbucks. Just as Inbox Dollars, Swagbucks pay you to watch videos, shop online, take polls etc.. Not only can you make extra cash answering surveys, you also make money searching the web, watch TV, playing games and shopping for cash back. In addition to the money from completing the survey, you can also earn a $ 5 cash bonus. Sign up for Swagbucks and get your $5 bonus here.
    • MyPoints: MyPoints allow you to earn gift cards for answering surveys, taking polls, watching videos online, etc. In addition to the money from completing the survey, you also earn a free $5 bonus money after your first five surveys. Sign up and get your $5 bonus here.

    Free money by reducing your bills with Truebill.

    Chances are you have cable and other monthly subscriptions. And I don’t blame you. Sometimes you just want to be lazy on the couch watching a few episodes of your best drama shows.

    But have you ever wondered how and why your cable bill so high?

    Truebill can reduce your bills (whether it’s cable, subscriptions) by finding hidden discounts and by cancelling unwanted subscriptions.

    All you have to do is connect your bills and other subscriptions to Truebill. And they will take care of the rest so you don’t have to overpay on your bills anymore.

    They will reduce your bills. Lower your bills with Truebill.

    Free money by switching banks.

    Some banks are offering free money just to open a checking or savings account with them.

    For example, Chase is currently offering a $200 bonus for opening a checking account.

    So you should take advantage of free money made available by banks through their sign up bonuses and promotions.

    Free money with Acorns. + $5 when sign up.

    Acorns is an investing app that rounds up your purchases up to the nearest dollar and puts the spare change into the stock market for you.

    They can help you save without even thinking about it.

    Acorns invests the money for you, allowing you to grow your savings without you studying stock prices or trades. It invests your money in a portfolio of low-cost exchange-traded funds (ETF) that you choose.

    Plus, Acorns will give you a $5 bonus just for signing up

    Free money with Stash + $5 bonus when sign up.

    Stash, just like Acorns, is a micro-investing app that lets you start with as little as $5 investment.

    Your money is invested in low cost ETFs and stocks that pay dividends, which means you make money while you sleep.

    It takes two minutes to sign up, plus Stash will give you a $5 sign-up bonus.

    What makes Stash so different than the other micro-investing apps is that that is has no monthly or maintenance fees.

    Make money while you sleep with Stash.

    Free money by switching phone services.

    If you’re not under any contract with your current phone carrier and no longer paying your phone, you can switch to less expensive carrier.

    A plan with a less known carrier such as Tello can cost $30 to $40 less than the bigger carriers such as Sprint, T-Mobile, AT&T, or Verizon.

    With Tello, you can build your plan with as little as $5/month.

    By just switching to Tello, you could be saving up to $50 a month. Free money indeed.

    Free money when refinancing your mortgage with LendingTree.

    Mortgage rates are at all times low. If you have a good credit score, you should consider refinancing your mortgage.

    Refinancing can reduce your interest, thereby saving you thousands of thousands of dollars over the life of your loan.

    LendingTree allows you to compare up to 5 mortgage lenders to select the best mortgage rates that fit your needs.

    Start a blog.

    If you enjoy writing, consider starting a blog.

    You will have to do a lot of work at first, but after a while, you will have enough traffic and audience that you won’t have to do a lot.

    Once your audience is big enough, you can start making money through programs like Google Adsense, Mediavine, Flexoffers, etc. .

    It will really feel like you’re getting free money every month without working that much hard for it.

    I created a step-by-step guide that will help you start a blog of your own for cheap, starting at only $3.95 per month (this low price is only through my link) for blog hosting. In addition to this low price, you will receive a free blog domain (a $15 value through my Bluehost link if you purchase at least 12 months of blog hosting.

    Earn free money by saving with Trim.

    If your spending is out of control and cannot seem to save any money, use this free personal finance app called Trim.

    Trim analyses your spending, cancels unnecessary subscriptions and negotiate bills — like your cable bills — on your behalf.

    Click here to use Trim for Free and start saving money.

    Free money: final thought

    As you can see, there are tons of ways to get free money. From switching banks to sharing your opinions to shopping online, these websites/companies offer easy ways to get money that is absolutely free. So, go to the sites that make you money and get paid today.

    What other easy ways to get free money? Share your thoughts in the comments below.

    Read more

    Work with the Right Financial Advisor

    If you have other question beyond ways to get free money, you can talk to a financial advisor who can review your finances and help you reach your goals (whether it is making more money, paying off debt, investing, buying a house, planning for retirement, saving, etc). Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

    The post 15 Legitimate Sources to Get Free Money appeared first on GrowthRapidly.


    Calling the Chase Reconsideration Line: Mistakes to Avoid

    Getting ready to call the Chase Reconsideration Line? Run through this checklist first and you will have the best chance of getting approved for your credit card. If you’ve recently been denied a Chase credit card or your application is pending, the right thing to do is to call the Chase reconsideration line. After all, … Continue reading "Calling the Chase Reconsideration Line: Mistakes to Avoid" The post Calling the Chase Reconsideration Line: Mistakes to Avoid appeared first on...

    Getting ready to call the Chase Reconsideration Line? Run through this checklist first and you will have the best chance of getting approved for your credit card.

    If you’ve recently been denied a Chase credit card or your application is pending, the right thing to do is to call the Chase reconsideration line.

    After all, you want to know if anything can be done to get approved for the credit card.

    However, calling the Chase reconsideration line is not enough. You have to be ready and be prepared to explain why they should give your a second look.

    Chase tends to have several reasons for denying someone a credit card. And it can be upsetting not knowing why you were not approved. But there are a few mistakes you can avoid that will help you boost your chance of getting approved.

    What is a credit card reconsideration line?

    A credit card reconsideration line is a phone number that a credit card issuer such as Chase has available for applicants like you and me to call when they deny us our credit card application or when they don’t approve us instantly.

    Some credit card issues, like Chase, make it very easy for consumers to find the reconsideration line phone number.

    For others, it’s not that easy. And you might have to do some digging.

    You might even have to look to outside forums to find the phone number.

    But even if you can’t find it, you can always call customer service by using any phone number on their website.

    Why calling the Chase reconsideration line?

    If you applied for a Chase credit card and they rejected your application, the next step is to call the reconsideration line.

    By discussing your credit history, income and finances, you may be able to convince them to approve you for the card.

    Plus, you don’t have anything to lose. The worst thing that can happen is if Chase says “no.”

    Because you have already applied for the card and a hard inquiry is already on your credit report, calling the Chase line to reconsider your application won’t have any additional impact on your credit score.

    Common reasons for a Chase credit card denial include:

    • loan/credit card balances too high;
    • Low credit score;
    • Not enough credit history;
    • You too many credit cards open;
    • You have bankruptcy, civil judgments, collections on your credit report;
    • Insufficient income;
    • Limited credit history.

    What is the Chase reconsideration line phone number?

    In case you did not know already, the Chase Reconsideration phone number line for personal credit card is 1-888-270-2127. You can reach them Monday through Friday from 8 am to 10 pm and Saturday to Sunday from 8 am to 8 pm.

    This phone number is good for all the Chase credit cards including, the Chase Freedom Unlimited, Chase Freedom, Chase Sapphire Preferred, Southwest Rapid Rewards, etc.

    For the Chase business credit card, the reconsideration phone number line is 800-453-9719. They open Monday through Friday from 1 pm to 10 pm.

    Other Credit Card Reconsideration Lines:

    Credit Card IssuerCredit Card Reconsideration line
    Capital One Reconsideration Line1-800-625-7866
    Discover Reconsideration Line1-800-347-2683
    American Express Reconsideration Line1-800-567-1083
    Barclays Reconsideration Line1-866-408-4064
    Bank of America Reconsideration Line1-866-422-8089
    Citibank Reconsideration Line1-800-695–5171
    Wells Fargo Reconsideration Line1-800-869-3557
    Chase Reconsideration Line1-888-270-2127
    U.S. Bank Reconsideration Line1-800-947-1444
    Numbers for credit card reconsideration from credit card issuers

    Things to do before you call the Chase reconsideration line

    When a credit card issuer, like Chase, rejects your application, they might send you a letter in the mail within 30 days. The letter explains the reasons why your application for the credit card was rejected.

    Unless the reasons why they rejected relate to something on your credit report, they are not required to send you a letter.

    Sometimes, you may not wait to get the letter and call them right away so they can reconsider your application. But you still have to do your own due diligence.

    Here are just a few tips to keep in mind before calling the Chase reconsideration line. 

    1. You’re not prepared.

    It’s okay to be nervous when calling the Chase Reconsideration line.

    But it’s one thing to be nervous; and quite another when you’re not prepared. You’re not prepared when you don’t remember some basic information on your file. 

    You should know things such as your income, how much debt you have, how many credit cards you have, etc. And you should be ready to talk about these items.

    But more important is how you start the conversation.

    Here’s a sample introduction:

    “Good morning/evening, Sir/Madam. My name is {list first and last name here} I applied for the Chase credit card {name of credit card here} on {list date you applied}.

    Unfortunately, I was denied for the credit card. I’m calling to ask for a reconsideration of my application.

    {give a brief explanation of why they should approve you}.

    If you need more information from me, please let me know and I will be kind to provide them to you in order to approve my credit card application.”

    In case you have not received a letter in the mail, the customer representative will explain to you why Chase denied you.

    So you need to be prepared.

    For example, if one of the reasons they rejected your application is because of insufficient credit history, show other bills that don’t typically show up on your credit report such as rent payments. And provide supporting documents that you have been paying them on time.

    2. You are rude.

    You may be upset and angry when Chase did not approve you for a credit card, especially if you know you were well qualified.

    When you call the Chase line and ask for reconsideration, you should be polite and remain calm during the call. Nothing will make your situation worse than being rude on the phone.

    3. You don’t have a copy of your credit report.

    Before calling the Chase reconsideration line, get a free copy of your credit report. That will allow you to see what Chase saw when they reviewed your application.

    One of the reasons Chase might deny you a credit card is because you have a charge-off or delinquency on your credit report. Another reason might be because your balances are too high.

    You must have a credit report from the three credit bureaus: Equifax, Transunion and Experian.

    Once you receive a free copy of your credit report, you may need to comb through them to see if there aren’t inaccuracies or red flags.

    If there are any red flags, there might have been the causes of your rejection. For instance, if you know you did not make these withdrawals or did not open an account, you might have been victim of identity fraud.

    So, by reviewing your credit report before you call the reconsideration line, you’ll be able to explain to Chase that someone else has taken a bunch of credit cards in your name.

    4. You failed to articulate why you want the credit card in the first place.

    When you apply for a Chase credit card, they often run your application through a computer system that automatically tells them whether they should approve you for the credit card.

    And if you don’t meet the computer’s requirement, your application will be denied without having the chance to discuss your situation with a real person.

    But, when you call the Chase reconsideration line, it is your chance to discuss your situation with a live person.

    Another reason Chase might deny is because you have too much debt. If you indeed had a lot of debt when you applied for the credit card, but you’ve recently made a large deposit, thereby reducing the debt significantly, your should be able to explain that.

    Calling the Chase reconsideration line is your last chance to get approved for the credit card that you’ve always wanted.

    5. You’re not transparent.

    It can be uncomfortable to discuss past financial problems. However, it pays off to be transparent when calling the credit card reconsideration line.

    So, disclosing your past financial problems is important. And being able to show how you have improved your situation and how you have cut back on debts will be highly valued.

    The bottom line:

    There is no guarantee that by calling the Chase reconsideration line they will approve you the credit card.

    But, it’s worth trying, especially when you believe you should be eligible for a particular card.

    If after you call the reconsideration line and Chase still deny you the credit card, there are other things you can do. It might make sense to work on whatever the reasons for rejecting your application.

    It it was due to low credit score, then take steps to raise your credit score. If it was because you have a low income, get a better job or start a side hustle. The bottom line is you have to do something.

    Speak with the Right Financial Advisor

    • If you have questions about your finances, you can talk to a financial advisor who can review your finances and help you reach your goals (whether it is making more money, paying off debt, investing, buying a house, planning for retirement, saving, etc).
    • Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

    The post Calling the Chase Reconsideration Line: Mistakes to Avoid appeared first on GrowthRapidly.


    7 Best Short-Term Bonds Funds to Buy in 2020

    For investors with short-term saving goals, short-term bonds can be appropriate investments for your money. They are stable and they certainly provide a higher return than a money market fund. However, even with the best short term bond funds, there’s also a risk of losing a percent or two in principal value if interest rates … Continue reading "7 Best Short-Term Bonds Funds to Buy in 2020" The post 7 Best Short-Term Bonds Funds to Buy in 2020 appeared first on...

    For investors with short-term saving goals, short-term bonds can be appropriate investments for your money.

    They are stable and they certainly provide a higher return than a money market fund. However, even with the best short term bond funds, there’s also a risk of losing a percent or two in principal value if interest rates rise.

    There are many options available to you, but your best option is to invest in taxable short-term bond funds, U.S. Treasury short-term bond funds and federally tax-free bond funds.

    What are short-term bonds?

    Short-term bonds, or any bonds for that matter, are debts instruments that companies and the government issue. They typically mature in 1 to 3 years.

    When you buy a bond, you are essentially lending money to the issuing company or government agency.

    They are obligated  to pay back the full purchase price at a particular time, which is called the “maturity date.” 

    Short-term bonds are low risk investments and you can have access to your money fairly quickly.

    As with all bond funds, one of the risk of short term bond funds is that when interest rates rise, the prices of the bonds in the fund decrease.

    But short term bond funds have a reduced risk of default, because the bond funds are backed by the full faith and credit of the U.S. government.

    Moreover, because the term is short, you will earn less money on it than on an immediate-term or long term bond fund.

    Nonetheless, they are still competitive and produce higher returns than money market funds, Certificate of Deposits (CDs), and banks savings accounts. And short-term bonds are more stable in value than stocks.

    At a minimum, don’t buy a short-term bond fund if you’re saving for retirement or if you want to hold your money longer.

    If you’re looking to invest your money for the long term and are still looking for safety, consider investing in Vanguard index funds

    Short-term bonds: why do you need to invest in them?

    You should invest in short-bonds if you intend to use the money in a few years or so. However, don’t push your emergency cash into bonds. That is what a bank savings account is for.

    Also, you should not put too much of your long term investment money into bonds, either. If you have a long term goal for your money, it’s best to invest in mutual funds such as Vanguard mutual funds, real estate, or your own business.

    Here are some situations where you should invest in short term bonds.

    • You want to stabilize your investment portfolio. If you have other aggressive investments, you may need to balance it out with short term bond funds. The reason is because short term bonds are safer comparing to stocks.
    • Buying a house.
    • Retirement. If you’re thinking of retiring in a few years, short-term bonds are appropriate.
    • Purchasing a car.
    • You’re a conservative investor. Not all investors can stomach the risk of losing all of their money due to the market volatility. So instead of investing in stocks, which falls on the riskier end of the securities spectrum, you should invest in short term bond funds.

    Best short-term bond funds to consider:

    Most people prefer to buy bonds through a broker such as Vanguard or Fidelity.

    If you’re looking for the best short-term bond funds to buy now, consider these options:

    • Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX)
    • Vanguard Limited-Term Tax Exempt Fund Investor Shares (VMLTX)
    • The Fidelity Short Term Bond Fund (FSHBX)
    • Vanguard Short-Term Tax-Exempt Fund Investor Share (VWSTX)
    • Vanguard Short-Term Investment Grade fund (VFSTX)
    • T. Rowe Price Short-Term Bond Fund (PRWBX)
    • Vanguard Short-Term Bond Index Fund (VBIRX)

    Tax free short-term bonds

    There are some short-term bond funds that are both state and federally tax free. But there are not too many out there.

    However, the ones that are available are good investments. So, if you are in a low state bracket and in a high federal bracket, consider investing in these Vanguard bond funds.These are federally tax free bond funds:

    Vanguard Limited-Term Tax Exempt Fund Investor Shares (VMLTX)

    This Vanguard bond fund seeks to provide investors current income exempt from federal taxes. The fund invests in high-quality short-term municipal bonds.

    This bond fund has a maturity of 2 years. So, if you are looking for a fund that provides modest income and is federal tax-exempt, the Vanguard Limited-Term Tax Exempt Fund is for you.

    The fund has an expense ratio of 0.17% and a minimum investment of $3,000. This makes it one of the best short term bonds to buy.

    Vanguard Short-Term Tax-Exempt Fund Investor Share (VWSTX)

    Like the Vanguard Limited Short Term fund, this fund also provides investors with current income that is exempt from federal income taxes.

    The majority of the fund invests in municipal bonds in the top three credit ratings categories. It also invests in medium grade quality bonds.

    This fund too has an expense ratio of 0.17% and a minimum investment of $3,000, making it one of the best short term bond funds.

    U.S Treasury Short-term Bond Funds: Vanguard Short-Term Treasury

    If you’re interested in a bond fund that invests in U.S. Treasuries, then U.S.Treasury bond funds are a great choice for you. One of the best U.S.Treasury bond funds is the Vanguard Short-Term Treasury.

    This bond fund seeks to track the performance of the Bloomberg Barclays US Treasury 1-3 Year Bond Index. The Vanguard Short-Term Treasury invests in fixed income securities with a maturity between 1 to 3 years.

    This bond fund has an expense ratio of 0.07% and an initial minimum investment of $3,000. Currently, this short term bond fund has a 1-year yield of 4.51%, making it one of the best short term bond funds.

    Of note, this fund is also available as an ETF, starting at the price of one share.

    The Fidelity Short-Term Bond Fund (FSHBX)

    The Fidelity Short Term Bond Fund is one of the best out there for those investors who want to preserve their capital. This fund was established in March of 1986 and seeks to provides investors with current income.

    The fund managers invests in corporate bonds, U.S. Treasury bonds, and assets backed securities. Over the last 10 years, this bond fund has a yield of 1.98% and a 30-day yield of 1.98%. This Fidelity bond fund as an expense ratio of 0.45%. There is no minimum investment requirement.

    Taxable short-term bond funds: Vanguard Short-Term Investment Grade fund (VFSTX)

    If you are not in a high tax bracket, then you should consider investing in a taxable short term bond fund. One of the best out there is the Vanguard Short-Term Investment Grade fund.

    This bond fund provides investors exposure to high and medium quality investment grade bonds, such as corporate bonds and US government bonds. This fund has an expense ratio of 0.20% and an initial minimum investment of $3,000, making it one of the best short term bond funds out there. 

    T. Rowe Price Short-Term Bond Fund (PRWBX)

    The T. Rowe Price Short-Term Bond Fund invests in diversified portfolio of short term investment-grade corporate, government, asset and mortgage-backed securities. This bond fund also invests in some bank mortgages and foreign securities. This fund produce a higher return than a money market fund, but less return than a long-term bond fund. The T. Rowe Price Short-Term Bond Fund has a minimum investment requirement of $2500, making it one the most favorite short term bond funds out there.

    Vanguard Short-Term Bond Index Fund (VBIRX)

    The Vanguard Short-Term bond is a good choice for the conservative investor. It offers a low cost, diversified exposure to U.S. investment-grade bonds. This has fund has a maturity date between 1 to 5 years. Moreover, the fund invests about 70% in US government bonds and 30% in corporate bonds. The bond fund as an expense ratio of 0.07% and a minimum investment requirement of $3,000.

    How to Invest in Short-Term Bonds

    If you’re considering in investing in these or any of Vanguard bond funds, you need to do your due diligence.

    First, think about what you need the bond fund in the first place. Is it to diversify your investment portfolio?

    Are you a conservative investor who need a minimize risk at all cost? Or, do you want to invest in a short term bond fund because you need the money to use in a few years for a vacation, buying a house, or planning for a wedding?

    Once, you have come up with answers to this question, the next step is to do your research about the best bond fund available to you.

    Use this list to start. If it’s not enough, do your own research.

    Look into how much the initial minimum investment is to buy a bond fund. Most Vanguard short term bond funds require a $3,000 minimum deposit.

    Some Fidelity bond funds, however, have a 0$ minimum deposit requirement.

    Next compare expense rations, performance for different funds to see if they match your investment goals. But you have to remember that past performance is not an indication of future performance.

    Your final step is to open an account to buy your bond funds. If you choose Vanguard, you can do so at their website.

    How do you make money with short-term bonds?

    You can make money with short-term bonds the same ways you make money with a mutual fund (i.e., dividends, capital gains, and appreciation). But most of your returns in a bond fund comes from dividends.

    The bottom line

    In brief, short-term bonds are great investment choices if you have short term saving goals. You may be interested in buying these bonds because you expect to tap into your investment within a few years or so. Or, you want a more conservative investment portfolio.

    Short term bonds produce higher yields than money market funds.

    The only problem is that the share prices can fluctuate. So, if you don’t mind market volatility, you may wish to consider short-term bonds.

    Speak with the Right Financial Advisor

    • If you have questions beyond short-term bonds, you can talk to a financial advisor who can review your finances and help you reach your goals (whether it is making more money, paying off debt, investing, buying a house, planning for retirement, saving, etc).
    • Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

    The post 7 Best Short-Term Bonds Funds to Buy in 2020 appeared first on GrowthRapidly.


    6-Month CD Rates: Earn More Money

    6-month CD rates can be a smart strategy for your short-term saving goals. If you’re saving for a house, you may be wondering where you can park your hard-earned cash safely and earn interest at the same time. If so, you should consider a 6-month CD, because the rates can still be very competitive. In … Continue reading "6-Month CD Rates: Earn More Money" The post 6-Month CD Rates: Earn More Money appeared first on...

    6-month CD rates can be a smart strategy for your short-term saving goals.

    If you’re saving for a house, you may be wondering where you can park your hard-earned cash safely and earn interest at the same time.

    If so, you should consider a 6-month CD, because the rates can still be very competitive.

    In fact, 6-month CD rates can range from 0.50% APY to 1.00% APY, which produce higher yields than bank savings accounts.

    Also, a six-month CD comes with FDIC insurance that protects your money up to $250,000.

    Why shouldn’t you take advantage of a higher yield and safety?

    Of note, if you are looking for higher yields, consider investing in Vanguard index funds.

    In the meantime, here’s a table listing the best 6-month CD rates.

    6-Month CD RateAPYMinimum Balance
    EmigrantDirect CD1.00%$1,000
    MySavingsDirect1.00%$1,000
    Limelight Bank CD0.95%$1,000
    Sallie Mae Bank CD0.90%$2,500
    BMO Harris Bank CD0.80%$5,000
    Live Oak Bank CD0.80%$2,500
    Bank5 Connect CD0.75%$500
    HSBC CD0.75%$1,000
    TIAA Bank CD0.75%$5,000
    Ally Bank CD0.65%$0
    PurePoint Financial CD0.50%$10,000
    Best 6-month CD rates to help you achieve short-term saving goals.

    What is a CD?

    A certificate of deposit or CD is a type of short-term investment where you agree to keep your money for a certain period of time, usually for three months to several years.

    You usually open a CD with a traditional bank, credit union or even an investment company. For example, investment company such as Vanguard offers brokered CDs.

    Once the CD “matures” or becomes “due,” you receive the principal money invested, plus interest.

    If you withdraw your money before the stated period of time, an early withdrawal penalty will apply.

    However, there are some banks that offer CDs with no penalty. Banks such as CIT Bank has an 11-month, no penalty CDs. However, those CDs usually have lower APY.

    CDs are very safe. That’s because they are insured by the federal government for up to $250,000.

    So, if you’re looking for safety, a CD is a good choice.

    Is a six-month CD right for you?

    Before you start shopping for the best 6-month CD rates, you need to ask yourself these questions:

    • How much interest will you earn?
    • Are 6-month CD rates better than interests from a savings account, money market funds, etc?

    With a 6-month CD, you can expect to earn good money. But not a lot when comparing to longer CD terms. It is because the longer the length of the CD, the more money you will make. 

    But one thing for sure is that you will earn more money on a 6-month CD than on a savings account (more on this later).

    Here’s how much you can earn with a 6-month CD rate.

    Overview of the best 6-Month CD Rates: how much should you expect to earn.

    The minimum balance requirement and the rates for these 6-month CDs vary depending on the bank. The rates range from 0.50% to 1.00%.

    EmigrantDirect 6-month CD rate

    The applicable rate for a six-month CD from Emigrant Direct is 1.00% . This six-month CD has a $1000 minimum deposit requirement. This is one of the highest interest rates out there.

    MySavingsDirect 6-month CD rate

    This 6-month CD also has a 1.00% APY and requires a $1000 minimum deposit.

    Limelight Bank 6-month CD rate

    The applicable yield for a six-month CD from Limelight Bank is 0.95%. It also has a $1000 minimum balance requirement.

    BMO Harris 6-month CD rate

    For a BMO Harris six-month CD, it is 0.80% APY and $5,000 minimum deposit.

    Live Oak Bank 6-month CD rate

    You can expect a 0.80% APY, But the minimum deposit can be high, $2,500.

    Sallie Mae Bank 6-month CD rate

    Sallie Mae’s 6-month CD offers a 0.90% APY and requires a $2,500 minimum deposit.

    TIAA Bank 6-month CD rate

    The minimum deposit can be steep for a six-month CD from TIAA Bank, which is $5,000. But a rate of 0.75% is still competitive.

    Ally Bank 6-month CD rate

    For an Ally Bank six-month CD, the rate is 0.65%. And there is no minimum deposit.

    Bank5 Connect 6-month CD rate

    The Bank5 Connect 6-month CD has the lowest minimum deposit requirement ($500) with a rate of 0.75%.

    HSBC Direct 6-month CD rate

    For a 6-month CD from HSBC, the yield is 0.75% and the minimum deposit requirement is $1,000.

    PurePoint 6-month CD rate

    The yield for this six-month CD is 0.50%  and the minimum deposit is $10,000. This deposit requirement can be too much for most people.

    Why should you invest in a 6-month CD?

    Given that these banks’ 6-month CD offer competitive rates, they may be a good option for you.

    So, you may want to consider them for the following reasons:

    Emergency fund. A 6-month CD is a good place for your emergency fund. However, if an emergency occurs before the CD matures and you withdraw the money, a penalty will apply.

    Saving for a down payment. A 6-month CD is a good option if you’re thinking of buying a house in the next six months.

    It’s a good place to accumulate and grow the down payment. You certainly don’t want to risk your money investing it in the stock market, because the market can plunge in a relatively short of time.

    Wedding. If you have an upcoming wedding, a six-month CD is a good place to keep your cash.

    Vacation. If you’re planning of taking a vacation in 6 months or so, a 6-month CD makes the most sense. Your money is safe and you’ll earn interest at the same time.

    CDs vs. savings accounts vs. money market funds

    While a 6-month CD can be a good option for your money, it may not be the best options in all situations.

    If you need your money before the stated period and withdraw it, you will get hit with a penalty.

    So, it makes sense to see what other options are available to you. And the best way to do so is to compare a 6-month CD rate with other saving vehicles.

    6-month CD vs. savings account

    There is no doubt you’ll receive a higher return on your money with a CD than with a savings account.

    However, a savings account is more liquid than a CD. You can withdraw money in your savings account with no fear that you’ll get hit with a penalty.

    With a CD, however, an early withdrawal penalty will apply if you need access to your money before the CD becomes “due.”

    6-month CD vs. money market fund

    It’s likely that you will earn more interest on your money with a CD than with a money market fund.

    However, just like a savings account, you can easily access your funds in your money market fund at any time without the early withdrawal penalty that comes with taking money out of your 6-month CD before it matures.

    You can write a check or you can call the fund company and ask them to transfer your money to your bank.

    The bottom line

    6-month CD rates are competitive. A six-month CD can be a good choice if you’re saving for a short-term goals. You’ll earn a higher rate on a 6-month CD than on a savings account.

    Speak with the Right Financial Advisor

    • If you have questions about your finances, you can talk to a financial advisor who can review your finances and help you reach your goals (whether it is making more money, paying off debt, investing, buying a house, planning for retirement, saving, etc).
    • Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

    The post 6-Month CD Rates: Earn More Money appeared first on GrowthRapidly.


    Wells Fargo Routing Number Texas

    Wondering what the routing number for Wells Fargo bank Texas? Wells Fargo Texas routing number The Wells Fargo routing number for Texas is 111900659. This is the routing number for both a checking and savings account.  Click here to see the routing number for Wells Fargo in each state. What is a routing number? In … Continue reading "Wells Fargo Routing Number Texas" The post Wells Fargo Routing Number Texas appeared first on...

    Wondering what the routing number for Wells Fargo bank Texas?

    Wells Fargo Texas routing number

    The Wells Fargo routing number for Texas is 111900659. This is the routing number for both a checking and savings account. 

    Click here to see the routing number for Wells Fargo in each state.

    What is a routing number?

    In brief, a routing number is a nine-digit number that banks and other financial institutions use to identify themselves. A bank routing number is sometimes known as ABA numbers, check routing numbers or routing transit numbers.

    You need your routing numbers for several reasons. For instance, you need it for:

    • To set up direct deposit
    • For ACH payments;
    • To transfer funds between accounts at different banks;
    • For bill payments;
    • To receive government benefits;
    • To receive tax refunds;
    • For wire transfers;
    • To have payments like paycheck deposited into your account

    Please note that Texas Wells Fargo bank uses the same routing numbers for both checking and savings accounts.

    Wells Fargo routing number to make ACH Transfers

    To make an ACH transfer, you’re going to have to choose the Wells Fargo routing number for your particular state.

    For example, if you live in Texas, then you will use the Wells Fargo routing number for Texas which is 111900659. If you live in another state, look at the ACH routing number for your particular state in the table above.

    Wire routing number for Wells Fargo Texas

    Wire transfers are a quicker way to send money than an ACH transfer. However, there is going to be a fee.

    If you’re making a domestic wire transfer, however, you will need to use this Wells Fargo routing number: 121000248.

    To make domestic wire transfers, and in addition to the routing number, you will also need the following:

    • The name of of the person whom you’re making the transfer to;
    • The name and address of the person’s bank;
    • The person’s account number as well as the routing number.

    For international wire transfers, you will need both this Wells Fargo routing number: 121000248 and a SWIFT Code: WFBIUS6S. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication.

    In addition, you will need the following to make an international wire transfer:

    • The name of of the person whom you’re making the transfer to;
    • The name and address of the person’s bank;
    • The person’s account number
    • Purpose of the payment; and 
    • The currency being sent

    Where to find Wells Fargo Texas routing number?

    So, you want to know where to get your  Texas routing number from Wells Fargo? Here’s where to get it:

    Your Wells Fargo personal check

    You can find your Wells Fargo routing number for Texas on the bottom left-corner of a check. However, note the routing number on your check might be different than the routing number for a wire transfer. So, before you’re making a transaction, make sure you check with your bank to get the accurate routing number.

    Wells Fargo routing number on this page

    We have listed the Wells Fargo routing number for Texas for ACH transfers. We have also listed the routing number for domestic and international wire transfers.

    Your Bank statements

    You can find your routing number as well on your monthly Texas Wells Fargo bank statements.

    Wells Fargo online

    Your can find your routing number online by simply going into online banking. You will be asked three questions.

    The first question is whether you’re looking for a routing number or an account number.

    Another question is whether you will be using the information to receive a wire transfer. After that, the next question will be the kind of account you need the information for.

    Then, they will ask you in what state did you open your checking or savings account. Then, voila, your routing number!

    On the Federal Reserve website

    You can look up your routing number for Texas on the Federal Reserve website. 

    Customer service

    Lastly, you can always call customer service at 800-956-4442 to get your Wells Fargo routing number. It’s available 24 hour a day, 7 days a week. However, note that you will have to provide some details to identify yourself.

    Which routing number to use?

    Depending on your financial transactions, you will need to use different routing numbers.

    Domestic ACH Transfer

    For domestic transfers, use the Wells Fargo routing number for Texas (111900659).

    For Domestic Wire Transfer

    Use the Wells Fargo domestic wire transfer number 121000248

    For international wire transfers

    Use the Wells Fargo routing number 121000248 and the SWIFT code WFBIUS6S

    Wells Fargo routing number for Texas: bottom lime

    In conclusion, if you have a Wells Fargo account in Texas, you’ll likely need to your routing number. You will need to set up direct deposit, to set up automatic payments, or to wire transfer. So, it’s important to know it and keep it handy.

    Speak with the Right Financial Advisor

    • If you have questions about your finances, you can talk to a financial advisor who can review your finances and help you reach your goals (whether it is making more money, paying off debt, investing, buying a house, planning for retirement, saving, etc).
    • Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

    The post Wells Fargo Routing Number Texas appeared first on GrowthRapidly.


    Link to Category: Finance Blogs

    Or if you prefer use one of our linkware images? Click here

    Use Wordpress? Than submit your blog for free to our blog directory.