TessMore Finance Blog

Understanding the Consequences of Partial Payments on Car Loans Car loans are a popular way to purchase a vehicle without paying the full cost upfront.  However, life circumstances can sometimes lead to financial struggles, causing individuals to make partial payments on their car loans.  While making partial payments may seem viable, it can lead to severe consequences, including car repossession.  Here, we will explore the impact of partial payments on car loans and what can be done to avoid repossession. Partial Payments and their Consequences When a person takes out a car loan, they agree with the lender to make monthly payments.  However, they may opt for a partial payment if they can’t make a full payment.  While partial payments may provide temporary relief, they can have significant consequences that can negatively impact a person’s credit score and financial well-being. One of the main consequences of partial payments is that they can trigger a default on the car loan.

Venmo is a popular mobile payment service that allows users to send and receive money from friends and family quickly and easily.  The service was first launched in 2009 as a payment platform for college students, but it has since expanded to become one of the most widely used payment services in the United States. Venmo works by linking a user’s bank account, credit card, or debit card to their Venmo account.  Users can then send money to other Venmo users by entering their username or phone number or by scanning their Venmo QR code.  Users can also add notes or emojis to their transactions, making it easy to keep track of what the payment was for. Venmo also has a social element, allowing users to see and like transactions made by their friends and contacts.  This feature has made Venmo popular for splitting bills, sharing expenses, and sending gifts.  Users can choose to make their transactions private or public, depending on their preferences. Venmo offers several security

The SECURE Act, which stands for Setting Every Community Up for Retirement Enhancement, offers new investment opportunities for high net worth individuals. With annuities made more accessible in 401(k)s and other defined contribution plans , there is a new level of safety in retirement planning. As a team passionate about finance and aiding high net worth individuals, this has been an exciting development for us. As a high net worth individual – your investable assets are at least $1.0 million – you may not be familiar with the benefits of annuities , which can provide a guaranteed income for life, even as traditional retirement  plans become increasingly rare. With the new opportunities created by the SECURE Act, annuities can provide a safe and stable income source throughout your retirement, ensuring long-term financial security. It's important to note that while annuities can be a valuable component of a retirement plan, they shouldn't necessarily make up the entirety o

We all have a checking account that we use to pay bills, make purchases, and deposit our paychecks. But most checking accounts don’t earn any interest, nor do they offer benefits. So, it may surprise you to learn that checking accounts exist that pay interest on deposits and cash back. Of course, the benefits vary depending on the bank, so we’re listing the best accounts here to help you find the best fit for your banking needs. Note that these are not a substitute for high-yield savings accounts – think of them as an easy way to get more oomph from your spending money (without an annual fee).   Table of Contents Discover Bank Cashback Debit Axos Bank Rewards Checking SoFi Checking and Savings Upgrade Rewards Checking American Express® Rewards Checking LendingClub Bank Rewards Checking Consumers Credit Union Rewards Checking  Wealthfront Cash Account Quontic Cash Rewards Yotta Savings Which Account is Right for Me? The best rewards checking accounts offer multiple b

Imagine this: you've worked hard all your life, and now you're at the top. You're doing pretty well for yourself, but have you taken a moment to consider what happens to your wealth when you're gone? Believe it or not, high-net-worth individuals often overlook the importance of estate planning. Failing to plan can have massive consequences, leaving your hard-earned cash in limbo. Think about your valuable bank accounts, 401(k) investments, luxurious properties, and more—it's all part of your estate. Protect your legacy with a well-designed estate plan. High-net-worth individuals often overlook the importance of estate planning, which can have massive consequences for their hard-earned wealth. According to a survey of more than 1,200 Americans by EstateExec, an online resource for executors, over 44% of adults have experienced or heard of a family conflict over assets during an estate settlement. On average, it takes about 16 months to settle an estate, which can

If you prefer individual stocks and ETFs for short or long-term trading, investment research tools like Ziggma can help you find the best stocks for your portfolio. Ziggma provides in-depth research through a free stock screener and portfolio tracker. The platform also has several premium tools, including proprietary stock ratings, a portfolio simulator, and backtests. Our Ziggma review tests out the various features of this stock analysis tool so you can decide if it deserves a spot in your investment toolkit. Table of Contents What Is Ziggma? How To Use Ziggma Ziggma Stock Screener Portfolio Tracker Portfolio Analyzer Stock Analysis Ziggma Score Portfolio Simulator Portfolio Back Test Investment Ideas Big Board How Much Does Ziggma Cost? Ziggma Free Ziggma Premium Ziggma Pros and Cons Pros Cons Ziggma Alternatives Stock Rover Seeking Alpha TipRanks Should Investors Use Ziggma? What Is Ziggma? Ziggma is a multi-faceted stock and ETF researc