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Bank of Internet USA Online Banking and Financial Blog

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Is It Better to Buy a New Or Used Car?

Are you in the market for a new vehicle? It can be difficult to choose between a brand new car and an older used vehicle. While there is no single right answer for everyone, we are providing the financial risks and benefits of both options to help you make the smartest financial decision...

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Live Smart: Save Money by Paying Yourself First

When you’re trying to save, it can feel like you will never get ahead. If you wish you could save more, you are not alone. More than half of Americans have less than $1,000 in their savings account.[i] If you’re struggling to save, it may be time to try paying yourself first. This doesn’t mean...

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Personal Financial Planning Basics – Test Your Financial Knowledge

It is never too early or too late to prepare for your financial future. Whether you are fresh out of college or focused on paying down your debt, these tips will help you get on the right financial track. Let’s go over the five key areas that you can work on to improve your finances today. Don’t...

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A Parents’ Guide to Helping Your College Student Create a Budget

Watching your child go off to college can be exciting. On the other hand, figuring out how he or she is going to afford living away from home while getting a great education can be quite a different matter. We’re here to help you and your child learn how to budget for college and all that it has...

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How to Rebuild Credit after Personal Bankruptcy

Are you struggling with debt? If so, you are not alone. The average American household is $135,924 in debt.[i] With credit cards, student loans, and mortgage payments, getting out from under that mountain of debt may seem insurmountable. When debt becomes overwhelming, many people turn to...

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