Here’s how much you can save on your mortgage by improving your credit score

A good credit score can save home buyers hundreds of dollars a month on mortgage payments — and potentially tens of thousands over the course of their loan. A high credit score gives lenders confidence in your ability to repay your loan. For a mortgage, in particular, which is likely the biggest loan most people will take out, a high credit score is the ultimate money saver. You don’t need a score above 700 to buy a house, though a higher credit score will typically mean you’re given a better mo


A good credit score can save home buyers hundreds of dollars a month on mortgage payments — and potentially tens of thousands over the course of their loan. A high credit score gives lenders confidence in your ability to repay your loan. For a mortgage, in particular, which is likely the biggest loan most people will take out, a high credit score is the ultimate money saver. You don’t need a score above 700 to buy a house, though a higher credit score will typically mean you’re given a better mo
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Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: alicia adamczyk
Keywords: news, cnbc, companies, credit, score, 700, tier, thousands, mortgage, save, heres, loan, improving, scores, typically


Here's how much you can save on your mortgage by improving your credit score

A good credit score can save home buyers hundreds of dollars a month on mortgage payments — and potentially tens of thousands over the course of their loan. A high credit score gives lenders confidence in your ability to repay your loan. The higher it is, the lower the interest rate they’ll be willing to give you. For a mortgage, in particular, which is likely the biggest loan most people will take out, a high credit score is the ultimate money saver. FICO credit scores are most commonly used by mortgage lenders, and range from 300 to 850. Anything between 700 and 749 is typically deemed “good,” while scores from 650 to 700 are “fair.” Excellent scores are over 750. The median credit score of home buyers qualifying for a mortgage in the first quarter of 2019 was 759, according to the Federal Reserve, and 75% boasted a score over 700. You don’t need a score above 700 to buy a house, though a higher credit score will typically mean you’re given a better mortgage rate and loan options. Just how much will increasing your score save you? Here’s how to figure it out.

How much you can save you if you raise your credit score

Even a seemingly small improvement in your score — say, from 680 to 700 — could save you thousands of dollars. Here’s how much you would pay each month on a 30-year fixed mortgage, using the median home price of $266,000 and the MyFICO mortgage calculator:

That’s a difference of $89,804 between a top tier and bottom tier score. Remember, there are countless other factors that also play a role in the mortgage-approval process, including the cost of the home, the size of the down payment and your income.

How to improve your credit score


Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: alicia adamczyk
Keywords: news, cnbc, companies, credit, score, 700, tier, thousands, mortgage, save, heres, loan, improving, scores, typically


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This is the credit score you typically need to take out a mortgage

How to improve your credit scoreIf you’re interested in buying a home in the future, there are easy ways to increase your credit score and improve your chances of getting a mortgage at a good interest rate. Payment history makes up 35% of your FICO score, which is the most commonly used measure of creditworthiness. Next, pay attention to your credit utilization rate, which comprises 30% of your score. Credit utilization refers to the percentage of your total available credit that you are using a


How to improve your credit scoreIf you’re interested in buying a home in the future, there are easy ways to increase your credit score and improve your chances of getting a mortgage at a good interest rate. Payment history makes up 35% of your FICO score, which is the most commonly used measure of creditworthiness. Next, pay attention to your credit utilization rate, which comprises 30% of your score. Credit utilization refers to the percentage of your total available credit that you are using a
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Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: alicia adamczyk
Keywords: news, cnbc, companies, payment, need, month, mortgage, score, utilization, improve, typically, credit, pay, keeping, bills, rate


This is the credit score you typically need to take out a mortgage

How to improve your credit score

If you’re interested in buying a home in the future, there are easy ways to increase your credit score and improve your chances of getting a mortgage at a good interest rate. First of all, pay all of your bills on time and in full. Payment history makes up 35% of your FICO score, which is the most commonly used measure of creditworthiness. Setting your bills on auto-pay and keeping tabs on your payment due date for each account will help ensure that you routinely make on-time payments. Next, pay attention to your credit utilization rate, which comprises 30% of your score. Experts recommend keeping it at 30% or less month to month. Credit utilization refers to the percentage of your total available credit that you are using at one time. If your credit card has a limit of $10,000 and you have a balance of $2,000, your credit utilization rate is 20%, for example.


Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: alicia adamczyk
Keywords: news, cnbc, companies, payment, need, month, mortgage, score, utilization, improve, typically, credit, pay, keeping, bills, rate


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These are the best places to live in America in 2019

Here are the states that lead the rankings for being the best places to live in the U.S. this year. 2019 Quality of Life score: 219 out of 325 points (Top States Grade: B-)Strengths: Health, well-beingWeakness: Air quality2018 Quality of Life rank: 127. 2019 Quality of Life score: 221 out of 325 points (Top States Grade: B)Strengths: Air quality, healthWeakness: Attractions2018 Quality of Life rank: 77. 2019 Quality of Life score: 235 out of 325 points (Top States Grade: B+)Strengths: Well-being


Here are the states that lead the rankings for being the best places to live in the U.S. this year. 2019 Quality of Life score: 219 out of 325 points (Top States Grade: B-)Strengths: Health, well-beingWeakness: Air quality2018 Quality of Life rank: 127. 2019 Quality of Life score: 221 out of 325 points (Top States Grade: B)Strengths: Air quality, healthWeakness: Attractions2018 Quality of Life rank: 77. 2019 Quality of Life score: 235 out of 325 points (Top States Grade: B+)Strengths: Well-being
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Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: scott cohn
Keywords: news, cnbc, companies, quality, best, states, crime, state, score, live, air, getty, places, america, life, 2019, points


These are the best places to live in America in 2019

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If you could live anywhere in America, where would that be? By the numbers, these are the states that offer the best quality of life. That’s because they offer everything people yearn for: job opportunities, affordable housing, great schools, a low cost of living, affordable health care and a clean environment. Good quality of life is also good business. What better selling point could there be for a company looking to attract the best talent than to offer a great location for employees to settle down and raise a family. In this tight labor market, companies are increasingly realizing how important this is for their strategic growth plans. It is why Quality of Life is one of the key categories worth 300 out of 2,500 points in CNBC’s annual America’s Top States for Business 2019 rankings. We use hard data to evaluate all 50 states as places to live — factors including crime rates, local attractions, environmental quality and inclusiveness as measured by legal protections written into state laws.

Here are the states that lead the rankings for being the best places to live in the U.S. this year.

10. Massachusetts

People running near Boston Harbor and Financial District at sunrise in Boston, Massachusetts. Prasit photo | Moment | Getty Images

Fewer than 3% of residents in the Bay State are without health insurance. That is the lowest uninsured rate in the nation, and it helps explain why this is one of America’s healthiest states. But that is not the only reason Massachusetts is a great place to live. Local attractions abound, from historic Boston and scenic Cape Cod in the east, to the beautiful Berkshires in the west. Boston prides itself as the Cradle of Liberty, and strong legal protections help ensure that freedom in Massachusetts applies to all. But Boston is also the cradle of some polluted air, hurting the state’s environmental quality. 2019 Quality of Life score: 217 out of 325 points (Top States Grade: B-)

Strengths: Health, attractions, inclusiveness

Weakness: Air quality

2018 Quality of Life rank: 10

9. Utah

Hiker in Arches Park Moab, Utah. Sportstock | E+ | Getty Images

The Beehive State gets its nickname from the industriousness of its citizens. Utahans not only work hard, they apparently love their work. According to Gallup’s 2018 Wellbeing Index, nowhere in the continental United States do people feel better about their careers. As busy as people are in Utah, they still find time to take care of themselves. They exercise frequently, and obesity rates are low. But air quality leaves a bit to be desired. 2019 Quality of Life score: 219 out of 325 points (Top States Grade: B-)

Strengths: Health, well-being

Weakness: Air quality

2018 Quality of Life rank: 12

7. (tie) Montana

Trail running in Big Sky. Jordan Siemens | Taxi | Getty Images

They call Montana Big Sky Country because all those unobstructed views really do make the sky seem bigger. And it turns out that big sky — and everything beneath it — contains the cleanest air in the nation according to the American Lung Association. Montana is a healthy, inclusive state, and crime is low. The state is lacking somewhat in attractions, at least in terms of places frequented by tourists. But if you are looking for breathtaking views, majestic mountains and crystal-clear waters — oh, and that big sky — this may be the place for you. 2019 Quality of Life score: 221 out of 325 points (Top States Grade: B)

Strengths: Air quality, health

Weakness: Attractions

2018 Quality of Life rank: 7

7. (tie) Colorado

Skiing the Rockies in Colorado Getty Images

The Centennial State is home to rich natural beauty, vibrant cities, and robust inclusiveness provisions firmly enshrined in state law. Coloradans are healthy. Only 22.6% of the population is obese, the lowest rate in the nation. Air quality could be better, and the crime rate is slightly worse than the national average. 2019 Quality of Life score: 221 out of 325 points (Top States Grade: B)

Strengths: Inclusiveness, health, attractions

Weakness: Air quality

2018 Quality of Life rank: 9

5. (tie) Washington

A couple enjoy an extended hike in the Pacific Northwest RyanJLane | E+ | Getty Images

The Evergreen State is among America’s healthiest states, and its people are the most physically active. Who would not want to get out and enjoy a state with such natural beauty and so much to do. Washington prides itself on inclusiveness, with strong protections built into state law. Crime is low, but air quality may leave something to be desired. 2019 Quality of Life score: 232 out of 325 points (Top States Grade: B)

Strengths: Health, inclusiveness, attractions

Weakness: Air quality

2018 Quality of Life rank: 5 (tie)

5. (tie) New Hampshire

White Mountains, New Hampshire Greg Dale | National Geographic Image Collection | Getty Images

With its famous motto, “Live Free or Die,” it stands to reason that the Granite State is among America’s most inclusive. Freedom also includes security. New Hampshire enjoys the third lowest violent crime rate in the nation. The state also boasts the nation’s lowest child poverty rate. On the other hand, air quality can suffer, partly due to the state’s proximity to Boston. And the quiet life here means New Hampshire can sometimes lack things to do. 2019 Quality of Life score: 232 out of 325 points (Top States Grade: B)

Strengths: Inclusiveness, crime rate

Weaknesses: Air quality, attractions

2018 Quality of Life rank: 5 (tie)

4. North Dakota

The International Peace Garden along the US-Canada border in North Dakota. The central division divides Canada (right) from the USA (left). Photo: Dig Deeper | Wikipedia

The Peace Garden State derives its nickname from the International Peace Garden straddling the U.S.-Canadian border, a project that has its roots at the International Gardeners Association convention exactly 90 years ago. But the term “peace garden” could also refer to the idyllic lifestyle in this state. The crime rate is low, the population is healthy and happy, and anti-discrimination laws are stronger than most. But other than the aforementioned International Peace Garden, attractions can be sparse. 2019 Quality of Life score: 235 out of 325 points (Top States Grade: B+)

Strengths: Well-being, air quality, inclusiveness

Weakness: Attractions

2018 Quality of Life rank: 4

3. Minnesota

Couple cross country skiing on a north woods trail. JMichl | iStock | Getty Images

One of the many features of the North Star state is what the locals call “Minnesota Nice,” which is exactly what it sounds like. Minnesotans are welcoming and inclusive, as evidenced by thorough legal protections against discrimination. Crime rates are low, the population is healthy, and the air is clean. We don’t factor weather into our rankings because it is too subjective. But it is worth pointing out that while winters can be brutal here, Minnesotans not only adapt to the frigid weather; they flourish in it. 2019 Quality of Life score: 259 out of 325 points (Top States Grade: A-)

Strengths: Inclusiveness, health, air quality, crime rate

Weakness: Attractions

2018 Quality of Life rank: 3

2. Vermont

Man hiking in Vermont during Autumn Getty Images

The Green Mountain State has the nation’s second-lowest crime rate, inclusive state laws, and a healthy population. Vermont rode those attributes to a first-place finish in Quality of Life in 2018. The state still offers an enviable quality of life, but it slipped just enough in terms of air quality and its citizens’ perceived well-being in 2019 to drop out of the top spot. Vermont’s one discernible weakness is the fact that it offers few popular tourist attractions, but many people here would consider that a positive. 2019 Quality of Life score: 262 out of 325 points (Top States Grade: A-)

Strengths: Crime rate, health, inclusiveness

Weakness: Attractions

2018 Quality of Life rank: 1

1. Hawaii

Woman Kayaking, Oahu, Hawaii darekm101 | RooM | Getty Images


Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: scott cohn
Keywords: news, cnbc, companies, quality, best, states, crime, state, score, live, air, getty, places, america, life, 2019, points


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This is the best fast-food chain in America, according to 23,000 customers

Fast-food chain Chick-fil-A, headquartered in College Park, Georgia, has ranked as the best fast-food chain for customer satisfaction in the country for 2018-2019, according to American Customer Satisfaction Index (ACSI). 1 for the fourth year in a row, according to ACSI, this year with a score of 86 out of 100. “All others” encompasses the “total result for restaurants that don’t fall into those measured by the ACSI.” So ACSI groups these smaller restaurants as ‘all others,'” according to a rep


Fast-food chain Chick-fil-A, headquartered in College Park, Georgia, has ranked as the best fast-food chain for customer satisfaction in the country for 2018-2019, according to American Customer Satisfaction Index (ACSI). 1 for the fourth year in a row, according to ACSI, this year with a score of 86 out of 100. “All others” encompasses the “total result for restaurants that don’t fall into those measured by the ACSI.” So ACSI groups these smaller restaurants as ‘all others,'” according to a rep
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Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: jimmy im
Keywords: news, cnbc, companies, customer, customers, according, fastfood, 23000, data, score, america, satisfaction, acsi, ranked, lower, food, restaurants, best, chain


This is the best fast-food chain in America, according to 23,000 customers

Fast-food chain Chick-fil-A, headquartered in College Park, Georgia, has ranked as the best fast-food chain for customer satisfaction in the country for 2018-2019, according to American Customer Satisfaction Index (ACSI).

ACSI, a company that provides data for customer evaluations in 46 industries, says it used data from interviews with 23,468 customers chosen at random and contacted via email between June 5, 2018 and May 27, 2019. It asked about categories pertaining to customer experience that include accuracy of food order, courtesy and helpfulness of staff, food quality (taste, temperature, freshness of ingredients) and restaurant layout and cleanliness.

Chick-fil-A ranked No. 1 for the fourth year in a row, according to ACSI, this year with a score of 86 out of 100. That’s one point lower than its score last year.

Panera Bread ranked No. 3 with a score of 81; Arby’s, Chipotle, Papa John’s and Pizza Hut all tied for No. 4 with a score of 80.

McDonald’s came in last on the list with a score of 69.

A category dubbed “all others” ranked No. 2 on the list with 82 points. “All others” encompasses the “total result for restaurants that don’t fall into those measured by the ACSI.” It is included in the ranking because, “in total, the data from all the other restaurants is statistically significant, but not for those individual restaurants to be reported on separately. So ACSI groups these smaller restaurants as ‘all others,'” according to a representative.

Overall, fast food customer experience was 1.3% lower than last year, according to the company. Only one category in 2018-19 did better than the year before: “variety of beverages on menu” scored 80 this year, one point up from last year.

“Website satisfaction” remained the same as last year with a score of 82. “Quality of mobile app” and “reliability of mobile app” (minimal down time, crashes, lags) are new this year.

All the other categories scored lower than last year.

Chick-fil-A did $10.46 billion in sales for 2018. Despite its popularity, Chick-fil-A has faced “criticism and boycotts for its donations to anti-LGBTQ groups and CEO Dan Cathy’s public comments opposing gay marriage,” CNBC previously reported.


Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: jimmy im
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No country in the world meets the mark on gender equality, but these are the best performers

As many as 40% of the world’s female population live in countries that fail to meet the mark on basic measures of gender equality, while a further 40% face substandard equality conditions. The Gender Index measured the countries’ success in achieving gender equality across 14 of the 17 United Nations’ Sustainable Development Goals (SDG). It found that no country in the world has yet “achieved the promise of gender equality,” nor does any one country score consistently well across all measures. D


As many as 40% of the world’s female population live in countries that fail to meet the mark on basic measures of gender equality, while a further 40% face substandard equality conditions. The Gender Index measured the countries’ success in achieving gender equality across 14 of the 17 United Nations’ Sustainable Development Goals (SDG). It found that no country in the world has yet “achieved the promise of gender equality,” nor does any one country score consistently well across all measures. D
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Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: karen gilchrist
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No country in the world meets the mark on gender equality, but these are the best performers

As many as 40% of the world’s female population live in countries that fail to meet the mark on basic measures of gender equality, while a further 40% face substandard equality conditions. That’s according to a new report released Monday by Equal Measures 2030, which found that 2.8 billion women and girls globally live in countries with “poor” or “very poor” levels of gender equality, despite ongoing efforts to bridge the gap. The Gender Index measured the countries’ success in achieving gender equality across 14 of the 17 United Nations’ Sustainable Development Goals (SDG). It found that no country in the world has yet “achieved the promise of gender equality,” nor does any one country score consistently well across all measures. The SDGs are a range of measures laid out in 2015 in a bid to improve global living standards by 2030. For the purposes of the study, those categories were broken down into 51 subsections measuring factors such as health, education, gender-based violence, work and politics.

Equal Measures 2030’S 2019 SDG Gender Index

Best and worst performers

Just 8% percent of the 129 countries measured scored a “good” rating of 80 or more — out of 100 — for their progress in achieving gender equality, the report found. Meanwhile, 12% managed a “fair” rating of 70 to 79. The remaining 80% of countries measured scored either “poor” (60 to 69 points) or “very poor” (below 60). No single country achieved an “excellent” score of 90 or above. The global average score was 65.7 out of 100, which the report said was “barely (a) pass.” More than 60 countries were omitted from the list due to lack of data. Denmark emerged as the world’s most progressive country in terms of gender equality, achieving a near-excellent score of 89.3 out of 100. It was joined in the top 10 by Finland, Sweden, Norway, the Netherlands, Slovenia, Germany, Canada, Ireland and Australia. The U.K. ranked 17th and the U.S. came in at 28th. At the other end of the spectrum, Chad came out at the bottom of the list, with a score of 33.4 out of 100. Other countries in the bottom 10 of the index included Sierra Leone, Liberia, Nigeria, Mali, Mauritania, Niger, Yemen, Congo, DR Congo. All those countries also appeared on the Organisation for Economic Co-operation and Development’s 2018 list of fragile states.

Equal Measures 2030’S 2019 SDG Gender Index Equal Measures 2030

A ‘wake up’ call

Overall, Europe and North America were the best performing regions, with an average regional score of 79.1. That was due in large part to the more advanced economies and greater levels of resources there. However, the report noted that even leading countries have to address a number of outstanding issues — such as gender-based violence, poverty and women’s participation in the economy — in order to reach “the last mile.” Latin America and the Caribbean ranked in second place (66.5), followed by Asia-Pacific (64.6), the Middle East and North Africa (60.8) and, lastly, Sub-Saharan Africa (51.1). The report shows there’s still a long way to go to achieve gender equality on a global level, said Alison Holder, director of Equal Measures 203, who called on governments and businesses to take coordinated action. That includes allocating more funds to equality programs and improving data, the report suggested. Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, one of the report’s contributors, said the findings should act as a “wake-up call” for policymakers. But she also highlighted the work that some of the least developed countries have made in recent years, saying that it provided hope for greater progress going forward. “Many countries with the most limited resources are making huge strides in removing the barriers for girls and women across economies, politics and society – demonstrating that when it comes to gender equality, governments shouldn’t have excuses for inaction,” said Gates. Don’t miss: Meet the woman who won over Google, Apple and Intel to get more girls into tech Like this story? Subscribe to CNBC Make It on YouTube!


Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: karen gilchrist
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Actually, carrying a balance on your credit card doesn’t increase your credit score

He’s built a successful business in the Detroit suburbs and is on track to earn close to $300,000 this year. A 2018 survey from CreditCards.com found that of people who carry a credit card balance, 22% did so because they believed it would help their credit score. But carrying a balance on your credit card doesn’t increase your score, it just means you’ll pay more money over the long term as your interest payments build. “The best way to use a credit card is to make charges during the month and


He’s built a successful business in the Detroit suburbs and is on track to earn close to $300,000 this year. A 2018 survey from CreditCards.com found that of people who carry a credit card balance, 22% did so because they believed it would help their credit score. But carrying a balance on your credit card doesn’t increase your score, it just means you’ll pay more money over the long term as your interest payments build. “The best way to use a credit card is to make charges during the month and
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Company: cnbc, Activity: cnbc, Date: 2019-05-28  Authors: alicia adamczyk
Keywords: news, cnbc, companies, credit, money, interest, creditcardscom, survey, increase, pay, pardoe, carrying, score, balance, actually, card, doesnt


Actually, carrying a balance on your credit card doesn't increase your credit score

Alex Pardoe, a 25-year-old hairstylist in Detroit, is pretty good with his money. He’s built a successful business in the Detroit suburbs and is on track to earn close to $300,000 this year.

But he’s fallen victim to a pervasive money myth that could hurt his overall financial health: Pardoe keeps a balance on his credit card because he believes it will improve his credit score, even though he has more than enough in his checking account to pay the $2,000 debt off in full.

It’s a common misconception, Ted Rossman, industry analyst for CreditCards.com, tells CNBC Make It. A 2018 survey from CreditCards.com found that of people who carry a credit card balance, 22% did so because they believed it would help their credit score.

But carrying a balance on your credit card doesn’t increase your score, it just means you’ll pay more money over the long term as your interest payments build. With interest rates at record highs — currently 17.73% on average, according to CreditCards.com — it’s a costly myth.

“The best way to use a credit card is to make charges during the month and then pay it off in full before the statement is due,” says Rossman.

About four in 10 Americans don’t know how their credit score is determined, according to a recent survey from CompareCards by LendingTree. But it’s not that complicated.


Company: cnbc, Activity: cnbc, Date: 2019-05-28  Authors: alicia adamczyk
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Are you afraid of running out of money in retirement? This score can help assess your risk

The tool is also intended to be flexible, so you can adjust certain data to see how that affects your outcome. That goes particularly for individuals who already have a high RISE score through other income sources. More from Personal Finance:Adult children are eating into parents’ retirement savings: StudyAre Americans overly confident about retirement? The tool is aimed at individuals ages 45 and up with investable assets of $75,000 to $2 million. The professional version will take more nuances


The tool is also intended to be flexible, so you can adjust certain data to see how that affects your outcome. That goes particularly for individuals who already have a high RISE score through other income sources. More from Personal Finance:Adult children are eating into parents’ retirement savings: StudyAre Americans overly confident about retirement? The tool is aimed at individuals ages 45 and up with investable assets of $75,000 to $2 million. The professional version will take more nuances
Are you afraid of running out of money in retirement? This score can help assess your risk Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: lorie konish, nils hendrik mueller, cultura, getty images
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Are you afraid of running out of money in retirement? This score can help assess your risk

What you will need to budget for once you retire 10:14 AM ET Wed, 27 Feb 2019 | 00:48

The tool is provided by the Alliance for Lifetime Income, a nonprofit organization backed by the financial services industry. It was developed by Milliman, a provider of actuarial products and services.

Consumers can access the tool online. After inputting factors such as the Social Security income you expect, any pension income you may have, how much you have saved and your monthly living and medical expenses, you can see how well you will fare financially in retirement.

“Based on what you put in, this is your score and means you’re going to run out of money if you live past a certain age,” said Jean Statler, executive director at the Alliance for Lifetime Income.

The information you put in is anonymous, meaning it will not be shared with other parties. The tool is also intended to be flexible, so you can adjust certain data to see how that affects your outcome.

The alliance advocates that consumers consider annuities to access guaranteed income. However, the tool itself does not steer consumers to specific investment products.

“Sometimes the answer is not an annuity,” Statler said. That goes particularly for individuals who already have a high RISE score through other income sources.

More from Personal Finance:

Adult children are eating into parents’ retirement savings: Study

Are Americans overly confident about retirement?

Expert advocates using 401(k) savings to fatten Social Security checks

Instead, the organization hopes that consumers will take away one key message from the score: “Go talk to your financial advisor,” Statler said.

The tool is aimed at individuals ages 45 and up with investable assets of $75,000 to $2 million.

The consumer-facing version of the RISE score was launched on Wednesday. A separate, financial advisor-facing version is slated to launch in May. The professional version will take more nuances of an individual’s financial picture into account, such as portfolio allocations and different kinds of annuities.

Both versions are free.

WATCH: Retiree health costs


Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: lorie konish, nils hendrik mueller, cultura, getty images
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What your FICO score means and why you should pay attention

In the U.S., there is a three-digit number that helps determine how much you pay for credit, which can affect virtually all expenses in your life. It’s called a credit score, and it’s totally unique to you. Many U.S. lenders use one type of credit score called the “FICO score.” The number helps lenders decide how much of a credit risk you are. Watch this video to find out more about your FICO score.


In the U.S., there is a three-digit number that helps determine how much you pay for credit, which can affect virtually all expenses in your life. It’s called a credit score, and it’s totally unique to you. Many U.S. lenders use one type of credit score called the “FICO score.” The number helps lenders decide how much of a credit risk you are. Watch this video to find out more about your FICO score.
What your FICO score means and why you should pay attention Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-05  Authors: mackenzie sigalos
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What your FICO score means and why you should pay attention

In the U.S., there is a three-digit number that helps determine how much you pay for credit, which can affect virtually all expenses in your life. It’s called a credit score, and it’s totally unique to you.

Many U.S. lenders use one type of credit score called the “FICO score.” FICO — or Fair Isaac Corp. — was the first company to translate all your credit history into a single three-digit number that predicts how likely you are to default on your bills.

The number helps lenders decide how much of a credit risk you are. Watch this video to find out more about your FICO score.

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Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.


Company: cnbc, Activity: cnbc, Date: 2019-04-05  Authors: mackenzie sigalos
Keywords: news, cnbc, companies, score, means, called, youdisclosure, threedigit, lenders, helps, fico, credit, number, pay, youmany, attention


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Boost your financial IQ by answering these 10 questions

How much financial knowledge does it take to change your life? On a scale of 0-100, how would you rate your Financial IQ? The Council for Economic Education is an organization that helps promote economic and financial literacy through research, curriculum, and professional development. In their 2018 Survey of the States, the CEE found that only 17 out of 50 states require high school students to take a personal finance course to graduate. We have reviewed questions the CEE shares with educators


How much financial knowledge does it take to change your life? On a scale of 0-100, how would you rate your Financial IQ? The Council for Economic Education is an organization that helps promote economic and financial literacy through research, curriculum, and professional development. In their 2018 Survey of the States, the CEE found that only 17 out of 50 states require high school students to take a personal finance course to graduate. We have reviewed questions the CEE shares with educators
Boost your financial IQ by answering these 10 questions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: gabriel tanglao
Keywords: news, cnbc, companies, financial, high, score, answering, school, students, iq, quiz, literacy, questions, boost, states, professional


Boost your financial IQ by answering these 10 questions

Why is money such a compelling topic of conversation no matter the time, place, or culture? How much financial knowledge does it take to change your life? On a scale of 0-100, how would you rate your Financial IQ? Take this quiz and find out.

The Council for Economic Education is an organization that helps promote economic and financial literacy through research, curriculum, and professional development. In their 2018 Survey of the States, the CEE found that only 17 out of 50 states require high school students to take a personal finance course to graduate.

We have reviewed questions the CEE shares with educators to test the knowledge and literacy of high school students and compiled 10 of those questions into a short quiz so you can check your own Financial IQ. You may be surprised by the results of what you know and don’t know.

If you don’t score very high, that’s an opportunity to learn more.

Even if you score 100 percent, there is still more to learn.

Either way, there is always room to grow.

Gabriel Tanglao is a nationally recognized educator and associate director of professional development and instructional issues for the New Jersey Education Association.

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.


Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: gabriel tanglao
Keywords: news, cnbc, companies, financial, high, score, answering, school, students, iq, quiz, literacy, questions, boost, states, professional


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