• Business

    Business Ideas

    ALL
    • In-Demand Businesses
    • Businesses That Never Fail
    • Best Passive Income Ideas for Increasing Cash Flow
    • Essential Tips To Start An Online Business
    • Best Websites To Buy Or Sell An Online Business For Free
    • Everything You Need to Know About Online Selling 
    • Current Business Trends: 9 Things to Keep in Mind
    • How to Open a Coffee Shop Business: A Comprehensive Guide
    • Effective Ways to Start your Business from Scratch 
    • The Main Types And Advantages Of Online Business
    Menu
    • In-Demand Businesses
    • Businesses That Never Fail
    • Best Passive Income Ideas for Increasing Cash Flow
    • Essential Tips To Start An Online Business
    • Best Websites To Buy Or Sell An Online Business For Free
    • Everything You Need to Know About Online Selling 
    • Current Business Trends: 9 Things to Keep in Mind
    • How to Open a Coffee Shop Business: A Comprehensive Guide
    • Effective Ways to Start your Business from Scratch 
    • The Main Types And Advantages Of Online Business

    Tips For A Successful Business

    ALL
    • Creative Business Proposal Ideas for Better Sales
    • Easy Digital Marketing Strategies for Small Business
    • Easy Steps to Develop Effective Time Management Skills
    • ClickUp, Trello or Hive?
    • Best SEO Tips for Small Businesses
    • Lessons Every Business Can Learn From Coworking Spaces
    • The Best Digital Marketing Strategies for a Real Estate Business
    • Useful Tips to Make Your E-Commerce Business Successful.
    • Why Do You Need to Track Your Spending
    Menu
    • Creative Business Proposal Ideas for Better Sales
    • Easy Digital Marketing Strategies for Small Business
    • Easy Steps to Develop Effective Time Management Skills
    • ClickUp, Trello or Hive?
    • Best SEO Tips for Small Businesses
    • Lessons Every Business Can Learn From Coworking Spaces
    • The Best Digital Marketing Strategies for a Real Estate Business
    • Useful Tips to Make Your E-Commerce Business Successful.
    • Why Do You Need to Track Your Spending
  • Money

    Invest Money

    ALL
    • Best Safe Investments
    • Investing In Real Estate
    • How To Invest: Are Your Investment Right Your Age
    • Best Alternative Investments
    • Best Investments To Beat Inflation
    • How To Invest In Collectibles
    Menu
    • Best Safe Investments
    • Investing In Real Estate
    • How To Invest: Are Your Investment Right Your Age
    • Best Alternative Investments
    • Best Investments To Beat Inflation
    • How To Invest In Collectibles

    Banking

    ALL
    • Best Savings Account
    • Best High Yield Savings Account
    • Best CD Rates
    • Best Money Market Accounts
    • Best Online Checking Account
    • Best Banking Apps
    Menu
    • Best Savings Account
    • Best High Yield Savings Account
    • Best CD Rates
    • Best Money Market Accounts
    • Best Online Checking Account
    • Best Banking Apps

    Loan

    ALL
    • Best Personal Loan
    • Best Low-Interest Personal Loans
    • Best Personal Loans for Bad Credit
    • Best Personal Loans for Excellent Credit
    • Best Debt Consolidation Loans
    • Best Student Loans
    Menu
    • Best Personal Loan
    • Best Low-Interest Personal Loans
    • Best Personal Loans for Bad Credit
    • Best Personal Loans for Excellent Credit
    • Best Debt Consolidation Loans
    • Best Student Loans

    Insurance

    ALL
    • Sproutt Life Insurance Reviews
    • eHealth Insurance Reviews
    • Cheap Car Insurance Reviews
    • Embrace Pet Insurance Reviews
    • Best Rideshare Insurance Reviews
    Menu
    • Sproutt Life Insurance Reviews
    • eHealth Insurance Reviews
    • Cheap Car Insurance Reviews
    • Embrace Pet Insurance Reviews
    • Best Rideshare Insurance Reviews
  • Forex

    Featured

    ALL
    • Best Forex Trading Courses
    • Best Forex Academy
    • Best Forex Trading Coaches
    • Best Forex Mentors
    Menu
    • Best Forex Trading Courses
    • Best Forex Academy
    • Best Forex Trading Coaches
    • Best Forex Mentors

    Learn To Trade Forex With Dumb Little Man

    ALL
    • Best Forex Brokers Review
    • Best Forex Trading Software
    • How To Trade Forex
    • How to Read Forex Charts
    • Best Forex Indicators
    • Best Forex Screeners
    • Best Time To Trade Forex
    • Best Forex Trading Tools
    • AvaTrade Review
    • CedarFX Review
    • Forex.com Review
    • Interactive Brokers Review
    Menu
    • Best Forex Brokers Review
    • Best Forex Trading Software
    • How To Trade Forex
    • How to Read Forex Charts
    • Best Forex Indicators
    • Best Forex Screeners
    • Best Time To Trade Forex
    • Best Forex Trading Tools
    • AvaTrade Review
    • CedarFX Review
    • Forex.com Review
    • Interactive Brokers Review
  • Stocks & Crypto

    Stocks

    ALL
    • Best Stock Brokers
    • Best Online Brokers for Stocks Under $100
    • Best Online Brokers for ETF Investing
    • Best Brokers for Mutual Funds
    • Best Online Brokers for Bonds
    • Best Blue Chip Stocks
    • Best Swing Trade Stocks
    • Stages of a Stock Market Bubble
    • Best Stock Investing and Trading Podcasts
    • Best Defensive Stocks to Invest
    Menu
    • Best Stock Brokers
    • Best Online Brokers for Stocks Under $100
    • Best Online Brokers for ETF Investing
    • Best Brokers for Mutual Funds
    • Best Online Brokers for Bonds
    • Best Blue Chip Stocks
    • Best Swing Trade Stocks
    • Stages of a Stock Market Bubble
    • Best Stock Investing and Trading Podcasts
    • Best Defensive Stocks to Invest

    Cryptocurrency

    ALL
    • Best Cryptocurrency Trading Courses
    • Best Cryptocurrency Brokers
    • Best Cryptocurrency Exchanges
    • Best Cryptocurrency Apps
    • Learn about Cryptocurrency
    • How To Earn Cryptocurrency
    • How to Trade Cryptocurrency
    • Best Cryptocurrencies
    • Best Crypto Trading Bots
    • Best Crypto Portfolio Trackers
    Menu
    • Best Cryptocurrency Trading Courses
    • Best Cryptocurrency Brokers
    • Best Cryptocurrency Exchanges
    • Best Cryptocurrency Apps
    • Learn about Cryptocurrency
    • How To Earn Cryptocurrency
    • How to Trade Cryptocurrency
    • Best Cryptocurrencies
    • Best Crypto Trading Bots
    • Best Crypto Portfolio Trackers
  • Health

    Health Conditions

    ALL
    • Macular Degeneration
    • Testosterone
    • Constipation
    • Hormonal Imbalance
    • Stomach Bloating
    • Sleeping Problems
    • Baldness
    • Lower Back Pain
    • Toenail Fungus
    • Mouth Sores
    • Eye Dark Circles
    • Stomach Bloating
    • Headaches
    • Face Acne
    Menu
    • Macular Degeneration
    • Testosterone
    • Constipation
    • Hormonal Imbalance
    • Stomach Bloating
    • Sleeping Problems
    • Baldness
    • Lower Back Pain
    • Toenail Fungus
    • Mouth Sores
    • Eye Dark Circles
    • Stomach Bloating
    • Headaches
    • Face Acne

    Product Reviews

    ALL
    • Diet & Weightloss
    • Exercise and Fitness
    • Beauty and Skin
    • Hair and Nails
    • Strength Training
    • Yoga
    • Dietary Supplements
    • Over-40 Supplements
    • Sexual Health
    • Dental Health
    • Men’s Health
    • Women’s Health
    • Sleep and Dreams
    • Best Weight loss Supplements
    • Best Fat Burner Supplements
    • Best Hair Growth Supplements
    • Best Vision Supplements
    • Best Memory Supplements
    • Best Natural Testosterone Supplements
    Menu
    • Diet & Weightloss
    • Exercise and Fitness
    • Beauty and Skin
    • Hair and Nails
    • Strength Training
    • Yoga
    • Dietary Supplements
    • Over-40 Supplements
    • Sexual Health
    • Dental Health
    • Men’s Health
    • Women’s Health
    • Sleep and Dreams
    • Best Weight loss Supplements
    • Best Fat Burner Supplements
    • Best Hair Growth Supplements
    • Best Vision Supplements
    • Best Memory Supplements
    • Best Natural Testosterone Supplements
  • Relationship

    Blogs and Tips

    ALL
    • Females in Relationship
    • Men in Relationship
    • Dating Tips
    • Finding yourself
    • Marriage Tips
    • Love
    Menu
    • Females in Relationship
    • Men in Relationship
    • Dating Tips
    • Finding yourself
    • Marriage Tips
    • Love

    Dating Guides

    ALL
    • Best Catholic Dating Sites and Apps
    • Best Christian Dating Sites
    • Best Pagan Dating Sites and Apps
    • Best Teen Dating Sites and Apps
    • Best Dating Apps for College Students
    • Asian Dating Guide
    • Japanese Dating Guide
    • Filipina Dating Guide
    • Indian Dating Guide
    • Black Dating Guide
    • Russian Dating Guide
    • Best Free Trucker Dating Sites and Apps
    • Best Dating Sites and Apps for Marriage
    • Best Free Crossdresser Dating Sites and Apps
    • Best German Dating Sites
    Menu
    • Best Catholic Dating Sites and Apps
    • Best Christian Dating Sites
    • Best Pagan Dating Sites and Apps
    • Best Teen Dating Sites and Apps
    • Best Dating Apps for College Students
    • Asian Dating Guide
    • Japanese Dating Guide
    • Filipina Dating Guide
    • Indian Dating Guide
    • Black Dating Guide
    • Russian Dating Guide
    • Best Free Trucker Dating Sites and Apps
    • Best Dating Sites and Apps for Marriage
    • Best Free Crossdresser Dating Sites and Apps
    • Best German Dating Sites

SOFR Rate: An In-Depth Guide for Beginners (2023)

By Wilbert S on January 4, 2023 - Fact checked by Dumb Little Man

 SOFR Rate: An In-Depth Guide for Beginners (2023)
Forex Money Trading
by Wilbert S January 4, 2023

Want to jump straight to the answer? The best forex broker for traders is Avatrade

The #1 Forex Trading Course is Asia Forex Mentor

SOFR is a term that Forex market participants require to understand. More so, the implications it has and over what timelines. This adds to the knowledge of the past decisions and helps in figuring out the future implications as regards interest rates.

Interest rates are a huge trigger that seems to markets react across every currency pair and commodity.  And by extension, the same reactions affect any derivatives markets contracts relating to them. Therefore, every trader has an obligation to grasp drastic decisions around interest rates.

As part of our efforts to churn helpful posts, we reach out to Ezekiel Chew – a Forex trading trainer and analyst under Asia Forex Mentor. With over 20 years in the markets, he will help us understand SOFR. And more specifically- a brief history, the transition timelines, and the challenges along the same.

Readers should expect a better positioning regarding how they take on analyzing fundamental insight with respect to their trading aspirations. As an in-depth guide, we’ll arm you with a key component of following closely at interest rates – but more specifically, what stakeholders have on schedule in how SOFR comes up and its key implementation timelines.

Table of Contents

  • What is SOFR or Secured Overnight Financing Rate?
  • History of Secured Overnight Financing Rate (SOFR)
  •  LIBOR Index vs. SOFR (Secured Overnight Financing Rate)
  • Transition to SOFR (Secured Overnight Financing Rate)
  • Transition Challenges
  • Best Forex Trading Course
  • Best Forex Brokers
  • Conclusion: SOFR or Rate
  • SOFR Rate FAQs

What is SOFR or Secured Overnight Financing Rate?

Photo: Bloomberg

SOFR refers to the Secured Overnight Financing Rate. In other words, it’s the secured interbank overnight interest rate.

SOFR is a guiding reference rate, and it’s taken as the benchmark of interest rates by financial institutions. And it will, in the course of time, come to replace LIBOR. LIBOR, or the London Interbank Offered Rate, has for many decades been the benchmark.

SOFR will feature as the most acceptable rate for most loans and derivative products that prefer the USD or the United State Dollar.

On a daily schedule, the SOFR is a reflection of repurchases within the treasury securities markets. Ideally, investors in stocks offer banks overnight loans. Of course, the loans have bond assets as collateral.

SOFR presents a more significant benchmark of rates with growing markets and, more specifically, the derivatives market. SOFR as a benchmark relies on the actual costs of transactions.

The repurchase agreements act under the collateral, securing them via government bonds. The FED considers the SOFR as a less risky rate when put to comparison with the LIBOR. Plus, SOFR applies an entirely different approach to calculating it.

Accordingly, some experts believe that the overnight financing rate SOFR ensures that the cost of capital for companies is both lower and hence less risky. Given that SOFR is a calculation of already closed transactions, it defeats LIBOR.

History of Secured Overnight Financing Rate (SOFR)

Photo: CME Group

SOFR is a culmination of the global economic crisis that hit markets specifically from 2007 to 2008.

One key inference of the crisis was that banks and other key financial institutions around the globe would manipulate the applicable rates. At the time – LIBOR.

So as part of a curative solution, it was decided that market regulators steer away from LIBOR as the benchmark. By then, LIBOR was the guide holding together the financial systems. At stake were an estimated $ 300 Trillion in loans and other forms of derivatives and instruments in multi-currencies.

The FED guidelines set 2021 as the final year of the transitions to take place. All firms to steer away from LIBOR to other alternatives by the set dates. The transition received a boot in July 2019. The FED and SEC president by then – John Williams, makes a call to institutions to transition earlier and not wait for the lapses of deadlines.

Among the benchmarks, SOFR was more agreeable. In the process, smaller banks unable to switch on faster were to reduce their lending volumes first. And companies reduced the ability to hedge interest rates. As a result, in 2019, the Bank of China sold public dollar bonds. Others following in that order were the World bank – selling in February of 2021. Next, the Korean Development Bank sold in March 2021.

SOFR benchmark has rates applicable with updates on a daily basis. Other than the daily updates, other key policy rates are made public. They are the averages for one month (30 days), Two months (Sixty days), and Three months (90 days). And they come as the SOFR averages.

 LIBOR Index vs. SOFR (Secured Overnight Financing Rate)

Photo: Pensford.com

Notably, one key difference is that SOFR works on the basis of actual transactions – in the Treasury repurchase market or risk-free rate. In contrast, LIBOR pegs reliance on quotes from banks – which may not be actual.

Other than the above, other notable differences between SOFR and LIBOR are:

SOFR looks backward into time. It’s the reason it relies on actual data of past transactions (borrowing cash overnight collateralized). Conversely, LIBOR is forward-looking, relying on estimated borrowing rates or futuristic rates.

While with LIBOR, a borrower already knows the reference rate at which they can borrow a loan. With SOFR, borrowers do not know their exact rate – not until the expiry of the loan period.

LIBOR applicable rates are unsecured. It’s an average interest rate for lending that factors in no collateral. As such, it incorporates some credit risk premiums. So regarding SOFR, it’s a rate that’s secured. The transactions include collateral or security in the form of treasuries. So, the rates are not cook-ups to include any credit risk premiums.

However, SOFR realistically adds the credit spreads. It makes room for more realistic pricing, especially when dealing with products with adjustable rates.

Transition to SOFR (Secured Overnight Financing Rate)

Photo: Federal Reserve Bank of New York

Following the financial crisis from 2007 to 2008, experts were able to identify Dollar LIBOR rate benchmarks as a catalyst with a broad measure.

The York FED made policy changes to adopt a more robust benchmark and replace USD LIBOR or Dollar LIBOR. So SOFR rates came onto the policy guidelines. The approach was to phase out LIBOR and retain SOFR at the tail end.

As of June 2020, FED set guidelines for the final phase-out of LIBOR by June 2023.

In that order, banks were to stop commercial loans on secured loans contracting via LIBOR alternatives benchmark rates by the period ending December 2021. And finally, phase out all LIBOR contracts by the close of June 30, 2023.

Transition Challenges

Photo: Canva

One significant challenge with transition is the outstanding contracts written out on LIBOR basis. However, FED will keep updates all through to the lapse deadlines in 2023. Most contesting is the estimated $200 trillion outstanding 3 -month USD contracts.

Contract revaluations are complex tasks, especially with wide arrays of forms in the picture. And the main focus is fair play and literally handing avoiding arbitrage advantages out of a process.

Agreeably, one most hit markets are the derivatives. And next is consumer credit advances like study loans and mortgages on rates that are flexible against the benchmark interest rate.

Last on the list are the impacts of overnight cash borrowers. More specifically on security arrangement with commercial papers and the compounding of SOFR averages

Best Forex Trading Course

Ezekiel Chew's Biography
Photo: asiaforexmentor.com

If you are looking for a way to create wealth, learn a new skill, or diversify your portfolio; then one core program is for you. What is one core program? It is a forex/CFD trading course specially packaged by Ezekiel Chew and available from the Asia forex mentor website. It is the best forex trading course available today. It is comprehensive and requires no prior trading knowledge.

Who is Ezekiel Chew? He is a renowned forex trader and facilitator who have trained several bank traders, forex managers, and successful traders. He has been trading forex and other financial markets for the last 20 years. He has become a multimillionaire and has also made other people millionaires from his training.

What is the content of the program? The program comprises over 50 video lessons where the course is taught in simple clear language. The strategies taught in the program are based on mathematical probability which produces efficient results. His students are already making millions from trades using the strategies learned from the program. You too can join and become a millionaire.

RECOMMENDED TRADING COURSE

REVIEW

VISIT

Asia Forex Mentor Resize v3

#1 Forex, Crypto and Stocks trading course. Ranked most comprehensive by Investopedia and Best by Benzinga. Free to Try!

12345

Best Forex Brokers

BrokerBest ForMore Details


Best Overall Broker
Read Review


securely through Avatrade website
BrokerBest ForMore Details


Intermediate for Non US Traders
Read Review


securely through FXCC website

Conclusion: SOFR or Rate

Photo: Canva

SOFR refers to the Secured Overnight Financing Rate which culminates from closed or observable transactions under the ambit of the FED or Federal Reserves Bank. In the future timelines, SOFR as the benchmark will replace the long-serving benchmark – LIBOR or the London Interbank Offered Rate.

The whole policy move culminates out of findings incriminating LIBOR as the key trigger for the global financial crisis of 2007 – 2008. Ideally, financial institutions could manipulate the rates significantly. And consequently, lead to financial catastrophes across the globe.

As a form of remedy, adopting SOFR was the target, albeit the challenges with policy guidelines, time constraints, and outstanding LIBOR base contracts. However, market actors seem to realize the advantages of the realistic premises of SOFR against the drawbacks of LIBOR.

The approach by the federal reserve board was partial coexistence of LIBOR and SOFR, with phasing out of LIBOR at the later stages. Of course, the repricing of the contracts has significant effects on market liquidity and unnecessary arbitrage realignments.

SOFR Rate FAQs

Is SOFR better than LIBOR?

SOFR is better as a benchmark. Industry experts say it allows for a cheaper cost of capital for companies. And it allows for s reasonable time for markets to adjust to drastic changes in credit risk and market sentiments.

LIBOR, a compounded average that are forward-looking, has the loophole where bankers would manipulate the rates and hand in faulty data. SOFR as a benchmark rate relies on actuals, not estimates of data for the cost of borrowing cash.

What is SOFR based on?

SOFR as a benchmark picks closed transactions as a basis for the risk-free rate. Also, the updates within a daily timespan allow for a realistically reasonable timespan for market conditions to price and reprice the benchmark rate.

On the contrary, LIBOR works with future estimates of dollars worth of financial products. Taking as short as a month is rather too long for LIBOR to realistically adjust to market realities with further information. If anything, the globe has no need to recreate the replica of what transpires as the culprit of the global financial crisis 2007 – 2008.

RECOMMENDED TRADING COURSE

REVIEW

VISIT

Asia Forex Mentor Resize v3

#1 Forex, Crypto and Stocks trading course. Ranked most comprehensive by Investopedia and Best by Benzinga. Free to Try!

12345

Like this Article? Subscribe to Our Feed!

Author: Wilbert S

Wilbert is an avid researcher and is deeply passionate about finance and health. When he's not working, he writes research and review articles by doing a thorough analysis on the products based on personal experience, user reviews and feedbacks from forums, quora, reddit, trustpilot amongst others.

  • Web
  • |
  • More Posts(509)

Share This:

  • 0
    Facebook
  • 0
    Twitter
  • 0
    Linkedin
  • 0
    Email
Previous post
Next post

By Wilbert S on January 4, 2023 - Fact checked by Dumb Little Man

Getting Started With Forex

Best Forex Trading Course

The forex market is incredibly volatile and confusing, to a large extent, and even seasoned traders sometimes struggle to make headway in it.

READ MORE

Best Forex Brokers Review

There are a lot of factors and components involved in trading forex. Forex brokers are an important and inevitable aspect of trading the currency market.

READ MORE

Best Forex Trading Software

The forex market is one of the biggest financial markets in the world with trade volumes of over $6 trillion. It’s also a very volatile market as well with rapidly changing price action.

READ MORE

Learn About Forex

How to Read Forex Charts

Find out how to read forex charts. This article outlines some basic concepts of the forex market and provides you with a solid foundation for understanding its structure.

READ MORE

How To Trade Forex For Beginners

If you want to trade in forex, the first step is figuring out how. Our beginner’s guide will walk you through what it means to trade in foreign exchange and how you can get started today.

READ MORE

Best Forex Indicators for 2022

This article provides a list of best forex indicators for traders who want to make consistent profits. Find out what are the best forex indicators for you. Learn more about this subject and learn how to choose the right one for your needs.

READ MORE

MORE ON INVESTING

Best Cryptocurrency Brokers

There is no doubt that cryptocurrencies are here to stay. These digital currencies have become huge too. Besides, those who got into crypto early are now smiling…

READ MORE

Best Stock Brokers Review

Believe it or not, an online broker is a financial institution designed to help customers purchase different securities such as stocks from one of the best trading platforms…

READ MORE

Best Future Brokers

Buying and selling securities or commodities sometime in the future is known as future contracts. Those entities who deal in futures brokerage are known..

READ MORE

FOREX INDIVIDUAL REVIEWS

★★★★★
Avatrade
Best Overall Broker
★★★★☆
Cedarfx
Best For Social Traders
★★★★☆
Forex.com
Best Broker For US Traders
★★★★☆
Interactive Brokers
Best Lowest Cost Overall
★★★★☆
FXCC
Best Commssion Free Trades For Non-US Traders
★★★★☆
IG Markets
Best For Execution Forex Broker
★★★☆☆
HYCM
Best For Forex Trading
★★★★☆
Global GT
Best For MT5 Traders
★★★★☆
IFC Market
Best For Small Volume Traders
★★★☆☆
FXTM
Best For Copy Traders
★★★★☆
TD Ameritrade
Best For Beginners
★★★★☆
ETX Capital
Best For Advanced Traders
Facebook Twitter Instagram Linkedin

Investing

Stocks

Best Stock Brokers Review

Best Online Brokers for Stocks Under $100

Best Online Brokers for ETF Investing

Best Brokers for Mutual Funds

Best Online Brokers for Bonds

Stocks Blogs: Complete Guides

Forex

Best Forex Trading Course

Best Forex Brokers Review

Best Forex Trading Software

Best Forex Indicators

Best Forex Screeners

Forex Blogs: Complete Guides

Crypto

Best Cryptocurrency Brokers 

Best Cryptocurrency Exchange

Best Cryptocurrency Apps

Best Cryptocurrency Trading Course

Best Cryptocurrencies

Crypto Blogs: Complete Guides

Futures

Best Futures Brokers

How to Trade Futures

Best Futures Trading Software

Best Futures Trading Strategies

Best Futures Brokers

Options

Best Options Trading Course

Best Options Trading Strategy

Best Options Online Brokers

Best Options to Buy

Best Binary Options Brokers

Health

Best Supplements

Best Weight Loss Supplements

Best Fat-Burning Supplements

Best Hair Supplements

Best Vision Supplements

Best Memory Supplements

Best Natural Testosterone Boosters

Best Joint-Pain Relief Supplements

Supplement Reviews

Divine Locks Reviews

Keravita Pro Reviews

LeanBiome Reviews

Juvenon Bloodflow-7 Reviews

RockHard Formula Reviews

ProstaStream Reviews

NitriLean Reviews

Hyperbolic Stretching Review

Dentitox Pro Reviews

Revision Reviews

Relationships

Religious Dating Guides

Best Catholic Dating Sites and Apps 

Best Christian Dating Sites

Best Pagan Dating Sites and Apps

Ethnic Dating Guides

Asian Dating

Japanese Dating

Filipina Dating

Indian Dating

Black Dating

Russian Dating

Other Dating Guide

Best Free Trucker Dating Sites and Apps 

Best Dating Sites and Apps for Marriage

Best Free Crossdresser Dating Sites and Apps

Best Teen Dating Sites and Apps

Best German Dating Sites

Best Tall People Dating Sites and Apps

Money

Banking

Best Savings Account

Best High Yield Savings Account

Best CD Rates 

Best Money Market Accounts

Best Online Checking Accounts

Best Banking Apps

Loans

Best Personal Loan

Best Low-Interest Personal Loans

Best Personal Loans for Bad Credit

Best Personal Loans for Excellent Credit

Best Debt Consolidation Loans

Best Student Loans

Credit Cards

Best Buy Credit Card

First Credit Card Guide

How to Get Out of Credit Card Debt Fast

Best Chase Credit Cards

Indigo Platinum Mastercard Review

Insurance 

Sproutt Life Insurance Reviews

eHealth Insurance Reviews

Cheap Car Insurance Reviews

Embrace Pet Insurance Reviews

Best Rideshare Insurance Reviews

Follow us 
Facebook Twitter Instagram Linkedin
  • About Us
  • Advertise
  • Become a Contributor
  • Privacy Policy
  • Contact
Menu
  • About Us
  • Advertise
  • Become a Contributor
  • Privacy Policy
  • Contact

The content on Dumblittleman is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors.

© 2022 Dumb Little Man. All Rights Reserved. Privacy Policy · Terms · Advertiser Disclosure

You’re our first priority. Every time.

ECG Pte Ltd (www.dumblittleman.com) is an independent publisher and comparison service, not an investment or financial advisor. Its articles, interactive tools, and other content are provided to you for free, as self-help tools and for informational purposes only. They are not intended to provide investment or financial advice. Dumblittleman does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment or financial issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance.

We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/