The Federal Reserve (Fed) recently announced a 0.25% increase in its benchmark interest rate to a new range of 1.75% to 2%, the seventh such hike in more than two years. After holding interest rates close to zero for several years following the last downturn, the Fed is now raising rates as the U.S. economy gets stronger.
If you’re considering personal loans, you may want to understand how companies determine loan offers that are customized just for you. The short answer is your credit history. Three credit agencies (TransUnion, Equifax and Experian) track a large amount of data tied to your credit history, and the credit story this data tells factors into your credit score.
The finance world is filled with acronyms and finance terms that might sound alien to many people. So we’ve put together a glossary of finance terms that will help you understand money and credit better. (By no means is this list exhaustive.) Finance Terms Defined: 401(k): Is an account sponsored by your employer that enables […]
At Prosper Marketplace, we’re dedicated to helping people achieve financial well-being, so we wanted to understand how consumers feel about fed rate hikes. We surveyed more than 500 Americans about the rate increase and found that nearly half of respondents didn’t know that rates had gone up. In other words, our survey suggests many Americans […]
Fertility Treatments in the United States – details: From April 16 – 21, Prosper Marketplace sponsored a study of 213 American females between the ages of 25 and 54 from MarketCube, a research panel company, about their experiences trying to conceive a child with fertility treatments. Each respondent had to meet the following criteria to […]