If you feel that your cost for health insurance is too high, you’re definitely not alone: A recent analysis from the National Health Interview Survey (NHIS) found that 7% of Americans did not have health insurance in the first three months of 2023.
To help offset the costs and help Americans avoid crippling medical debt, the federal government offers tax relief for those with high-deductible plans if they choose to open a Health Savings Account to set aside funds to pay for medical costs. A Health Savings Account (HSA) might be just the thing to help alleviate your financial pain, but you’ll first need to qualify for the program.
What Is an HSA?
An HSA is a dedicated savings account created in 2003 to help people with high-deductible health insurance plans afford their medical bills. It is not the same thing as a Flexible Spending Account (FSA), an employee benefit that allows you to set aside pre-tax dollars to cover medical spending. Notably, an FSA is a “use it or lose it” plan: If you don’t spend the funds you had deducted from your paycheck by the end of the plan year, you forfeit the money.
An HSA, on the other hand, can be set up by an individual or by an employer, and the money you contribute is yours to keep for life. Like FSAs, HSAs provide tax benefits; however, HSAs are not available to everyone.
Who Is Eligible for an HSA?
HSAs are available exclusively to people who are insured under a high-deductible health plan. These plans may be offered by their employers or purchased individually. As of tax year 2015, IRS rules state that a high deductible must be at least $1,300 for individual coverage or $2,600 for a family plan. If your deductible meets those minimums, you can open an HSA.
Are HSA Contributions Tax Deductible?
Yes. Contributions to your HSA can be deducted from your taxes, even if you opt for the standard deduction instead of itemizing. This will reduce the amount of money you need to pay taxes on and will either lower your overall tax bill or increase your refund. If your employer takes HSA contributions directly out of your paycheck, those funds are considered pre-tax dollars and result in the same tax savings.
Are Distributions From an HSA Taxable?
Maybe. When you use funds from your HSA to pay for qualified medical expenses, you will not pay taxes on the money you withdraw. You may use the funds immediately or wait for years before dipping into your HSA account to pay your doctor’s bills. You will also not pay taxes on any interest earned in your HSA account if it is used to pay medical expenses.
Once you reach age 65, you may withdraw funds without penalty to pay for anything. If you use the money for non-medical expenses, however, you’ll be expected to pay income tax on the money. For many people, this will still result in tax savings, as most retirees are in a lower tax bracket than they were while they were working, and won’t be charged as much on the money as they would have been in their prime earning years.
Are There Limits to HSA Contributions?
Yes. For tax year 2023, savers with an individual health plan can contribute a maximum of $3,850. Those increase in 2024 to $4,150. Those with a family plan can contribute up to $7,750 for the year and $8,300 in 2024.
Are HSAs Connected to the Affordable Care Act?
Not exactly. HSAs were first offered in 2003 under President George W. Bush. Although each year changes are made to the contribution limits and deductible requirements, changes in the Affordable Care Act (also known as “Obamacare”) would not necessarily have an impact on these accounts.
How Does an Individual Open an HSA?
If your employer doesn’t offer an HSA plan as part of your benefits package, or if you buy insurance on your own, you can open an HSA with any HSA bank as long as your health plan qualifies. It’s always a good idea to shop around for the best interest rates and lowest fees to make the most of your investment.
Epilepsy can be a disability that qualifies for Social Security Disability Insurance (SSDI) benefits if there is medical documentation, proof of treatment and limited ability to do certain tasks. It may also qualify for work accommodations under the Americans with Disabilities Act (ADA).
How much are SSDI benefits for epilepsy?
There is no universal fixed dollar amount of SSDI benefits for epilepsy. SSDI benefits are based on, among other things, how much a person has contributed to Social Security from past earnings.
The average monthly Social Security Disability Insurance benefit was about $1,487 in September 2023, according to the Social Security Administration
. Disability benefits may be taxable.
What types of epilepsy qualify for disability?
In its listing of impairments (called “the Blue Book”), the Social Security Administration details how it evaluates epilepsy for disability benefits. There are two common types of epilepsy
.
Generalized tonic-clonic seizures and dyscognitive seizures. These are characterized by loss of consciousness, sudden muscle tensing and convulsions. The SSA considers whether these occur at least once a month for at least three consecutive months despite treatment, or at least once every two months for at least four consecutive months despite treatment and with a “marked limitation” in either physical functioning; understanding, remembering, or applying information; interacting with others; concentrating, persisting, or maintaining pace; or adapting or managing oneself.
Dyscognitive seizures. These are characterized by alteration of consciousness, but without convulsions or the loss of muscle control. Symptoms may include blank staring, change of facial expression and repetitive gestures or sounds. The SSA considers whether these seizures occur at least once a week for at least three consecutive months despite treatment, or at least once every two weeks for at least three consecutive months despite treatment and with a “marked limitation” in either physical functioning; understanding, remembering, or applying information; interacting with others; concentrating, persisting, or maintaining pace; or adapting or managing oneself.
Epileptic episodes characterized by less than what’s listed above could also qualify if the symptoms prevent full-time employment, according to Jennifer Cronenberg, who is senior counsel and director of legal information with the National Organization of Social Security Claimants’ Representatives (NOSSCR).
Work accommodations for epilepsy
The Americans with Disabilities Act considers epilepsy a disability, and it requires employers to provide reasonable accommodations to employees who have epilepsy
.
These workplace accommodations might include:
A rubber mat or carpet to cushion a fall.
A private area to rest after having a seizure.
Breaks to take medication.
Schedule adjustments, schedule consistency, permission to work at home or leave to take medicine or get treatment.
Room for a service animal trained to alert and protect the person before and during seizures.
Checklists to help with remembering tasks, or access to written information or instructions and voice-activated recorders for verbal instructions.
The removal of marginal job functions to allow for more focus.
Extended training time and refreshers.
A mentor for daily guidance.
Epileptic events can look different for different people. Individuals should feel comfortable working with their employers to come up with a plan of action in the case of an epileptic event. This could include educating co-workers about the signs of epilepsy and what to do if someone is having a seizure.
🤓Nerdy Tip
Note that the Social Security Administration and the Americans with Disabilities Act have different methods of determining disability. The Social Security Administration doesn’t automatically consider a person disabled if they are receiving work accommodations under the ADA.
How to apply for SSDI
The SSDI application process can be arduous. It helps to have all the information required. To start the process, you’ll need the following
:
Your work history.
A medical history, diagnosis information, test results and medication records.
Information about your treatment (including physician, hospitals or clinics that provided care, plus the dates of your visits).
Information about any family members who may qualify for benefits if you receive benefits.
Once you’ve filled out your initial application, your local SSA office will verify your nonmedical eligibility for disability (such as whether you’ve paid Social Security taxes). Then, it transfers the application to the Disability Determination Services office in your state, which makes the decision about whether you qualify for SSDI.
You may have to fill out additional forms regarding your work history and daily functioning. Be as accurate as you can when filling these out, says Amanda Bonnesen, managing partner at the Berger and Green law firm in Pittsburgh. They are the best way to communicate your symptoms and daily struggles.
There are four levels of appeal you might pursue if your application is denied
.
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How likely is it that the SSA will approve my SSDI application?
The SSA denies the majority of disability applications (62%)
. Because there is a human on the other end of the decision, it is often hard to predict whether approval is likely, Bonnesen says.
The best way to set your case up favorably is to follow the rules, Bonnesen says. That means remaining in medical treatment, sticking with recommended specialists, undergoing any necessary testing and taking all medications prescribed. Refrain from drug and alcohol use during this time, Bonnesen added.
Bonnesen also recommends keeping a daily symptom journal that you can submit to SSA. “It can just be something simple where the person writes down things like ‘had a seizure today — lasted five minutes, did not lose consciousness, but had to sleep for two hours afterward,’” she said. “Simple stuff like that, recorded in real-time, can be helpful for the decision-makers at SSA to see.”
The process for an SSDI application can last up to three years, Bonnesen said. “If a person is diagnosed with epilepsy but has been episode-free for a prolonged period, they are not likely to be found disabled, because the diagnosis is not causing any day-to-day disruption in functioning,” she said.
In a news release, Trustar Bank CEO Shaza Andersen said the “strategic move allows Trustar Bank to focus on our core services while still providing portfolio mortgages to our valued customers. We are confident that Archer Mortgage, under the leadership of CEO Adam Newman, will bring new opportunities and take the mortgage company to new … [Read more…]
Amged Baker, a 40-year-old software developer, wanted to move to a bigger home as the Florida native transitioned into a new role at work that allowed him to be permanently remote. He also wanted more space for his two kids.
But Baker, who works for a real-estate platform, knew that it wasn’t that simple to trade up. Mortgage rates had doubled and home prices continued to rise. In his hometown of Palm Beach County, Fla., home prices soared by nearly 60% over the last five years.
He sold his previous home for $600,000, which had a 30-year mortgage rate of 2.8%. However, he was prepared to give up that rate if he could avoid paying a rate of 7%.
Baker was intrigued byassumable loans. Having refinanced his current home during the pandemic, he was keenly aware of the value of his ultra-low mortgage. He knew his monthly payments would be a lot more affordable with an assumable mortgage — and so his search began.
He’s not alone. It appears to be the housing market’s latest obsession — homeowners, buyers, and real-estate agents are all talking about assumable mortgages.
Across real-estate brokerage sites, listings boast that the home comes with an “assumable mortgage,” described in glowing terms as a “rare find,” “game-changer,” or as one buyer said on social media, “white whale.”
What are assumable mortgages?
With assumable mortgages, the loan — and, importantly, its interest rate — is passed from the seller to the buyer when a house changes hands.
With the U.S. housing market frozen by high rates and low inventory, it’s clear why people have turned their attention to assumable loans. They’re particularly appealing now because they offer homeowners a way to potentially capitalize on their pandemic-era ultra-low mortgage rate by passing it on.
Here’s the catch: Only certain types of loans can be assumable mortgages. The seller must have a government-backed home loan, which is insured by the Federal Housing Administration, Veterans Affairs, or certain loans by the U.S. Department of Agriculture.
“‘Folks don’t want to give up those assumable mortgages because they’re just as attractive to them as they are to you.’”
— Andy Walden, vice president of enterprise research strategy at ICE
These government agencies allow homeowners to transfer ownership of the mortgage to a new home buyer under certain conditions such as the new buyer having good credit, an acceptable debt-to-income ratio, and more.
For the typical home buyer today who is facing a 30-year mortgage with a rate over 7%, assuming an existing mortgage with an interest rate as low as 1.75% is an enticing proposition. It offers an alternative to buying points — fees a borrower pays the lender to cut the mortgage rate on their home loan — or taking out an adjustable-rate mortgage, which comes with its own risks.
For the seller, an assumable mortgage presents another feature to play up when listing their home. There is also, perhaps, some comfort in knowing that their ultra-low interest rate will be inherited by the buyer.
Assumable mortgages were popular in the 1980s
“For the last 40 years, rates have been falling, so nobody cared about assumability,” said Tod Tozer, former president and CEO of Ginnie Mae. “So we’re basically back to the future — we’re back to 40 years ago when 30-year mortgages were close to 13%, 14% back in 1981. And they’ve been falling ever since.”
Ginnie Mae securitizes all FHA, VA, and USDA mortgages for the secondary market. Tozer has also written about assumable mortgages being a “solution” to today’s frozen housing market, as the seller will be able to “receive top dollar for the sale of their home,” and move to another place.
Assumable mortgages were popular in the 1980s when mortgage rates were in the double digits. Back then, many conventional loans were assumable. “It was the standard of the industry,” Tozer said.
But assumable mortgages aren’t as common as a conventional loan, making them hard to come by.
Based on the market today, only 12 million mortgages are potentiallyassumable, which is less than a quarter of all mortgages in the U.S., according to loan-level data from ICE. Of these mortgages, which are primarily FHA, VA, and USDA loans, about 7.2 million or 14% have a mortgage rate of below 4%.
Assumable mortgages can be difficult to find, and it can also be difficult to get homeowners to part with their loan if the alternative is to buy a house with a much higher interest rate.
“Folks don’t want to give up those assumable mortgages because they’re just as attractive to them as they are to you,” said Andy Walden, vice president of enterprise research strategy at ICE, or Intercontinental Exchange, a data company.
Additionally, even after a buyer takes over the mortgage, they will still need to cover the difference between the outstanding balance and the sale price, Walden told MarketWatch.
How assumable mortgages work
So how do they work? Imagine an aspiring homeowner views a home valued at $375,000, and the home comes with an assumable mortgage of $225,000. The buyer in this situation will need to put down $150,000 in cash, or find other financing after they assume the mortgage.
If the buyer requires secondary financing, it will likely come at a higher interest rate, which will offset some of the savings from the assumable mortgage. Nonetheless, for homeowners who are keen on selling, if they have an assumable mortgage, their house will become more attractive to buyers.
“Veterans across the country are sitting on these ultra-low rates,” Chris Birk, vice president of mortgage insight at Veterans United Home Loans, told MarketWatch. “So they’ve got this incredible marketing opportunity.”
“‘Veterans across the country are sitting on these ultra-low rates. So they’ve got this incredible marketing opportunity.’”
— Chris Birk, Veterans United Home Loans
And yet of the 69,000 VA purchase loans that his company processed in 2022, only about two dozen were assumptions.
There’s a lack of awareness about assumable loans, Jason Mitchell, chief executive of Jason Mitchell Group, a Scottsdale, Ariz.-based real-estate brokerage, told MarketWatch.
The first question real-estate agents should ask homeowners who are listing their homes is whether their mortgage is assumable. “If you can mark it as an assumable mortgage at 3.5%, you’re gonna get a better price on your house,” he added.
What happens if the new buyer defaults on the assumable mortgage?
The person who assumes the mortgage also becomes responsible for paying the loan on time. If the new buyer stops making their mortgage payments and goes into default, that does not mean the original owner will be required to pay up.
With FHA loans, “once the assumption is complete, it is a full release of liability for the previous borrower, which means the new borrower (the borrower that has assumed the mortgage) has full responsibility for all aspects of the mortgage,” a HUD spokesperson told MarketWatch.
Similarly, with VA loans, when another buyer assumes the mortgage, there is a release of liability, Birk added. The veteran who owned the home previously isn’t financially responsible if the new owner defaults.
One man’s search for an assumable mortgage
During his search, Baker, the software developer, contacted Chris Tapia, a 41-year-old real-estate broker with Compass Florida. Tapia had met Baker three years ago when the homeowner bought his first home in Palm Beach, and the pair had become good friends.
Tapia had recently introduced the idea of assumable mortgages to Baker. The agent believed that it was one key way for home buyers to take back the purchasing power they lost as homeownership became more expensive.
“Everything is so phenomenally expensive that no one can really afford anything right now,” Tapia told marketWatch.
In his quest for assumable loans, Baker specifically looked for homes that were financed with a mortgage from the Federal Housing Administration, Veterans Affairs, or the U.S. Department of Agriculture.
He then searched home listings from various online brokerages to identify those that were financed with an FHA or a VA mortgage. He also looked at services such as FHA Pros, a site that provides real-time data for FHA and VA condominium approvals.
But homeowners can also look for listings with assumable loans via Google with the following search term: site:compass.com “assumable.”
MarketWatch found several new and old listings advertising assumable mortgages in the home’s description.
Finding an assumable rate of 3.05%
Baker and Tapia attended 20 open houses in Palm Beach County.
They made four offers and ultimately closed on a four-bedroom single-family home in Palm Beach County for $620,000. Baker took over the seller’s 30-year fixed-rate mortgage, under the assumption rules.It has a 3.05% rate.
He currently holds a Federal Housing Administration loan with an outstanding balance of $324,000. As a result, he put down $269,000 in cash.
The seller had only paid off about 3 years on their 30-year loan,so Baker took it over with a monthly payment of about $1,500. He estimated that buying the home with a conventional mortgage at the prevailing rate would cost closer to $2,300 a month.
Baker closed on the home in June 2023, and because he assumed the seller’s loan he did not have to pay thousands of dollars in closing costs.
“You will be hearing about assumable loans more often,” Tapia, the broker, said.
Baker agreed. “To be honest with you, it was always a good deal — it was always better than going the conventional route,” he said.
Smart Rate Mortgage, LLC is no longer licensed as a residential mortgage company in Illinois. Meanwhile, Michael Strauss, its only loan officer, now has an inactive status on his license, according to the Illinois Department of Financial and Professional Regulation (IDFPR).
In addition, the Nationwide Multistate Licensing System (NMLS) shows that Jacksonville, Florida-based Smart Rate is no longer authorized to conduct business as of Oct. 3, indicating a voluntary surrender. Strauss’s restriction to do business started Oct. 11.
Smart Rate marked Strauss’s return to the mortgage market after abruptly shuttering Sprout Mortgage in July 2022. Former employees accused Strauss of not paying salaries and suspending their health insurance coverage retroactively despite collecting contributions from paychecks.
HousingWire contacted Strauss via social media and Smart Rate through a corporate email, but they did not respond.
Smart Rate received a license in Illinois on Dec. 20, 2022. Strauss’ MLO license in the state was issued on Dec. 28, 2022. HousingWire reported in January 2023 that Strauss was ready to start a new mortgage company after registering Smart Rate in Florida.
However, the Illinois regulator issued orders on Feb. 1, 2023, to suspend the licenses, alleging Strauss and Smart Rate did not provide all the requested information.
Strauss and Smart Rate filed petitions for administrative hearings to overturn the Department’s suspension order. While the decision was under appeal, Strauss was brokering loans.
Mortgage tech platform Modex shows that Strauss, the only mortgage loan officer at Smart Rate, originated $5.56 million in the last nine months across 29 units, mainly conventional loans (63% of the total) and refinances (53% of the total). He had an MLO license in Illinois only, according to the NMLS.
“I broker business-purpose loans completely in a manner which is fully compliant with all laws and regulations and anything said to the contrary is incorrect,” Strauss told Inside Mortgage Finance (IMF) in early September.
Smart Rate is registered in Florida to Michael’s wife, Beth Strauss, according to the Florida Limited Liability Company. The address listed is 610 Park Avenue, New York, a residential property for sale for $19.9 million, down from $26.5 million in February, according to Zillow.
Recently, ex-employees moved to protect a $3.5 million settlement with Sprout Mortgage for unpaid wages after a request from the shuttered lender to halt the agreement due to an involuntary bankruptcy petition was filed by three creditors.
Strauss founded Sprout six years after paying $2.45 million to settle a case with the Securities and Exchange Commission (SEC) over accounting fraud. The SEC said the executive caused losses to investors after engaging in a pattern of false and misleading claims at American Home Mortgage Investment Corp.
Although both are certainly beloved, the Bluegrass State is known for more than the world-famous Kentucky Derby and Colonel’s fried chicken. As people from all over learn about the delightful weather and cost of living perks the state has to offer, Kentucky is changing at a rapid clip, while still holding onto everything that makes it special.
Kentucky average rent prices
Renters who don’t wish to drop thousands every month on housing would do well to consider Kentucky. The average rent price for a one-bedroom unit across the entire state is just $1,082. That’s down 1.1 percent over the last year. Emphasis on the word “average” – there are still plenty of cities in Kentucky that are even more affordable to call home, unlike, say, San Francisco or Boston.
The cheapest cities in Kentucky for renters
Looking for the best possible deal? We’ve done all the heavy lifting for you! Check out the 10 cheapest places to live in Kentucky, complete with average rent price and stats on how the rates have changed over the last year.
10. Louisville
Average 1-BR rent price: $1,108
Average rent change in the past year: +3.98%
Those who consider Kentucky fully country couldn’t be more wrong. Indeed, this largest city in the state has all the creature comforts a metro-seeker could want. But with enough warmth and beauty to rival anywhere else in the state. Found in the north-central area of the state, Louisville residents benefit from proximity to other major cities, like Cincinnati (1.5-hour drive), Lexington and Frankfort.
Not surprisingly, most people associate Louisville with its most famous event, the Kentucky Derby, held at Churchill Downs every May. It also hosts the Kentucky State Fair on an annual basis, complete with rides, games and still more equestrian/agricultural-based events to enjoy. Some things never change, though, and Louisville remains one of the world’s leading producers of tobacco and bourbon.
Currently, a one-bedroom apartment in Louisville rents for an average of just over $1,100 a month, an uptick of nearly 4 percent since last year. Although it’s not the cheapest place to live in Kentucky, it’s definitely one of them!
9. Florence
Average 1-BR rent price: $1,058
Average rent change in the past year: +10.22%
Close to the northernmost section of the oddly-shaped state, the city of Florence is more convenient to Cincinnati than it is to the vast majority of Kentucky’s big cities. In fact, at only a 20-minute drive from Cincy, Florence is actually a suburb of the big city. Because of this, it’s not too shocking that Florence is in the midst of a full-on growth spurt. Which is probably why rent prices have jumped more than 10 percent in the last year. Currently, Florence is the 8th largest city in Kentucky, with about 33,000 residents to its credit.
Even if you’ve never stopped in Florence, you’ve likely seen its most famous landmark along I-75 while driving through, the “Florence Y’all” water tower. Turfway Park is another popular local attraction, as the site of the annual Kentucky Derby prep race, the “Jim Beam Stakes.”
A one-bedroom unit in Florence rents at slightly over $1,000 a month. It seems poised to go higher if the more than 10 percent increase over the last year is any indication. Hopefully, it maintains its spot on the cheapest places to live in Kentucky.
8. Bowling Green
Average 1-BR rent price: $974
Average rent change in the past year: +18.04%
The city of Bowling Green really lives up to its name, thanks to the lush, vibrant landscape that makes up the area. Found in the southern section of Kentucky, Bowling Green is the third-largest city in The Bluegrass State. Its nearly 60,000 residents fall only behind only Lexington and Louisville. This is the first city on our list of the cheapest places to live in Kentucky to come in at under $1,000 per month in rent. However, it might not stay that way for long. Prices for a one-bedroom unit are up 18.04 percent since last year.
Bowling Green has a ton going for it, industry-wise, with a number of major employers calling the city home, including Fruit of the Loom/Russell Athletics, Camping World and General Motors’ Corvette assembly plant, among many others. Western Kentucky University and all of the educational/basketball opportunities it entails is another local gem. Bowling Green is also well-decorated, in terms of accolades. A couple of those include National Geographic’s “10 Best All-American Cities” list, its designation as “The Best Place to Live in Kentucky,” per MONEY Magazine, as well as Forbes’ “Top 25 Places to Retire.”
7. Fort Thomas
Average 1-BR rent price: $966
Average rent change in the past year: +2.43%
Smack on the southern bank of the Ohio River is the northeastern Kentucky city of Fort Thomas. This suburb only six miles south of Cincinnati is loaded with appeal, thanks to its active, engaged community and a full list of events. In particular, the weekly farmer’s market is a popular place to socialize, buy locally-sourced products and generally enjoy the atmosphere this lovely town has to offer. Currently, a one-bedroom unit averages $966 a month, a slight increase of 2.43 percent since this time last year.
Fort Thomas obviously has historical significance from a military perspective, as it was an induction center where men and women enlisted during World War I and World War II. The historic fort, now known as Tower Park, still stands! The Fort Thomas Military and Community Museum is a fabulous place to take a tour and learn more about the important role this city played during trying times.
6. Taylor Mill
Average 1-BR rent price: $960
Average rent change in the past year: 0.0%
It’s status quo for Taylor Mill, at least as far as rent prices are concerned. A one-bedroom rental averages $960 a month, the exact same as last year. With not quite 7,000 residents, Taylor Mill is a quaint community where everyone seems to know everyone else. Yet another Kentucky city near Cincinnati, Taylor Mill residents enjoy all the perks of the nearby metro, but with a quaint, country feel.
It’s also a sports lover’s paradise. Highlights of the area include the Bill Cappel Sports Complex, as well as a local youth softball facility. Close proximity to Northern Kentucky University makes it easy for residents to get that undergraduate or advanced degree near home.
5. Lexington
Average 1-BR rent price: $896
Average rent change in the past year: -2.73%
Just east of Louisville is the homey city of Lexington, which is next on our list of the cheapest places to live in Kentucky. Rent prices are down nearly 3 percent compared with last year, so a one-bedroom unit averages just less than $900 a month.
Also known as the “Horse Capital of the World,” Lexington is quintessential Kentucky. Experience the state in all its authentic glory via a distillery tour, zip-line trip or a milkshake and a snack at the historic Wheeler Pharmacy.
Lex also has a lot of culture to its credit, with a chic dining scene and active calendar at the Lexington Opera House. In fact, the dawn of the 19th century earned the city the nickname, the “Athens of the West,” thanks to its population stacked with forward-thinking intellectuals. As a result, there’s something for everyone in Lexington, no matter how wide and varied your tastes are!
4. Fort Mitchell
Average 1-BR rent price: $807
Average rent change in the past year: -0.82%
Rent prices dipped ever so slightly in the northern Kentucky city of Fort Mitchell over the last year, with a one-bedroom renting for just over $800. Yet another Cincy suburb, Fort Mitchell is the proud home of the landmark Greyhound Tavern, one of the most award-winning restaurants in the entire state. Those with a taste for the slightly odd can take in the sight of hundreds of ventriloquist dummies at the Vent Haven: Ventriloquist Museum.
Fort Mitchell is popular with young professionals and families, as it’s an easy commute but still surrounded by lots of fun things to enjoy. Restaurants and pubs sprinkle the area, plus there’s a ton of green space to take advantage of during the mild weather months.
3. Fairdale
Average 1-BR rent price: $771
Average rent change in the past year: +0.69%
Part of the Louisville metro area, the comparatively small city of Fairdale has a population of around 9,000 Kentuckians. Adventure-seekers can literally swing by the Zipline Kingdom in Jefferson Memorial Forest, which itself is the largest municipal urban forest in the country. At 6,500 acres, there are trails for hikers, bikers, horseback riders and so on. Plus, there are spots for camping, fishing and about anything else an outdoorsy person could want.
Fairdale’s surrounding areas are also pretty fun, with lots of wineries and distilleries to enjoy. There is plenty for the entire family to do, with the zoo, Speed Art Museum and Kart Kountry (the longest go-cart track in the world) just around the corner from Fairdale. At $771 a month for a one-bedroom unit, it’s ever so affordable to rent in this homey community, even if the price did go up slightly in the last year.
2. Southgate
Average 1-BR rent price: $631
Average rent change in the past year: +5.34%
Next to Fort Thomas near the Ohio border, Southgate falls well below the $700 a month rent threshold. A standard one-bedroom is $631 a month, despite the fact that the area saw a 5.34 percent rent increase over the last year.
There aren’t a ton of rentals to choose from in this itty-bitty community of only 3,800 residents, but those available in the historic neighborhood are quite charming. Established in 1907, the city is especially proud of its efforts to preserve green space and has been awarded Tree City USA designation every year since 2005. Southgate also has a fishing lake, park and active community center where people of all ages regularly congregate.
1. Henderson
Average 1-BR rent price: $538
Average rent change in the past year: +0.50%
Topping our list of the cheapest places to live in Kentucky is the city of Henderson. Yet another one on the banks of the Ohio River, this one flirts with the Indiana border. Home to Audubon State Park, this western Kentucky city is larger than many of the others on our list, with nearly 30,000 residents. Currently, you can find a one-bedroom apartment for an average price of $538 per month, an increase of only half a percent from this time last year.
That low, low price gets a renter access to plenty of fun stuff, as Henderson has a storied reputation for its events. For example, the W.C. Handy Blues and Barbecue Festival is held every June and is among the nation’s largest free music festivals.
Then, every July sees the Sandy Lee Watkins Songwriters Festival, full of acoustic performers from talented artists. Of course, August wouldn’t be right in this area of Kentucky without the annual Bluegrass in the Park and Folklife Festival, held right on Henderson’s picturesque riverfront.
Locals and visitors alike also love to enjoy the area’s outdoorsy options, like canoeing through the Sloughs Wildlife Management Area or a stroll through Atkinson Park Riverwalk for excellent views of the area’s wetlands. Don’t forget to hit Ellis Park Race Course for thoroughbred racing. They also have hilarious events like ostrich, camel and wiener dog races!
Kentucky fried affordability
Whatever size, scope or price point you’re looking for, there’s somewhere for you among the cheapest places to live in Kentucky. Bonus — there’s bound to be at least one KFC nearby when the fried chicken urge strikes!
Methodology
Rent prices are based on a one-year rolling weighted average from Apartment Guide and Rent.’s multifamily rental property inventory as of August 2023. Our team uses a weighted average formula that more accurately represents price availability for each unit type and reduces the influence of seasonality on rent prices in specific markets.
We excluded cities with insufficient inventory from this report.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
The US housing market looks like it’s headed for a recession, Wells Fargo has said.
Mortgages spiking to nearly 8% would cause homebuying to plummet, the bank says.
Strategists compared the situation to the 1980s when interest-rate hikes put pressure on the property market.
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research note last week.
“Although mortgage rates may gradually descend once the Federal Reserve begins to ease monetary policy, financing costs are likely to remain elevated relative to recent norms,” they added. “A ‘higher for longer’ interest rate environment would likely not only weigh on demand, but could also constrain supply by reducing new construction and discouraging prospective sellers carrying low mortgage rates from listing their homes for sale.”
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The average 30-year fixed-rate mortgage has climbed from under 4% to just shy of 8% since the Fed started tightening in March 2022, data from Freddie Mac shows.
Higher borrowing costs have driven a decline in the construction of new US houses, further tightening a supply-starved market and encouraging many existing homeowners to stay put to cling to historically low rates they’d previously locked in. Just 1% of Americans sold their houses during the first half of 2023, data from Redfin showed.
In the 1980s, the Fed’s aggressive war on inflation drove 30-year mortgage rates as high as 19% — prompting homebuilders in Jackson, Mississippi, to send the central bank’s chair, Paul Volcker, lumber with the inscription: “Help! Help! We Need You. Please Lower Interest Rates.”
The Wells Fargo economists compared that desperate plea to a letter that the National Association of Realtors, Mortgage Bankers Association, and National Association of Homebuilders sent the Fed’s board of governors earlier this month. The three groups called the chair, Jerome Powell, to make clear that he was calling time on the bank’s current rate-hiking campaign.
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“The plea for assistance from housing industry participants, both in the early 1980s and more recently, illustrates the severe impact higher interest rates can have on the residential sector,” Dougherty and Barley wrote.
“After perking up at the start of year, nearly every facet of housing activity has shown signs of relapse as the Fed has maintained a restrictive policy stance and mortgage rates have breached 7%,” they added, referring to the fact that home sales, mortgage applications, and indices tracking homebuilder confidence have all declined in recent months.
Update 11/3/23: Added note below about possible new rule which auto-declines applications if there was a hard pull done on your credit report from any bank in the past 5 days. This also may cause a decline for another 60 days since Citi will just use the old credit pull for up to 60 days. (After 5 days you can call reconsideration and ask them to run your credit report again for approval.)
Original Post:
Citi has strict rules on how many card applications they’ll accept from someone. Many people are confused about this, and we’ll try explaining Citi’s rules as clearly as possible.
Note: This post is not about Citi’s 24-month rules regarding how frequently you can get a signup bonus (we have a separate post on that churning rule). Here we’ll discuss when they’ll process your application at all and when they’ll deny you, often without even pulling your credit.
There are still some question marks here – please contribute your own data points in the comments. We’ll try to keep this post updated with any future rule changes as well.
Personal Cards (8/65)
There are two rules to be aware of regarding Citi personal cards:
Must wait 8 days after application before applying for another card. While this rule is well known, there are data points of those who got approved for a second card within 8 days, so this might not be a hard rule (Flyertalk). Based on this, I’d guess that a hard pull will be done for applications within 8 days.
No more than 2 Citi applications within 65 days. The real rule is 60 days, but it’s become common to wait 65 as a safeguard since Citi has been known to miscount.
These two rules have borne the short-hand ‘Citi’s 8/65 rule’.
That is, after applying for a Citi card (Day #1), wait eight days before applying for another Citi card on Day #9. Then you’ll have to wait until Day #66 to apply for a third card. Then on Day #74 you can apply for the next one. And so on.
Business Cards
Regarding business cards, the rule is as follows:
Must wait 90 days between business card applications. Again, we’ll wait an extra 5 days to be safe.
For example, if you apply for a business card today Day #1, you can apply for another business card on Day #96.
Personal + Business Combo
It appears that both business cards and personal cards combine toward for the 65-day wait. A friend reports that during a recent business card application, Citi didn’t even do a hard pull due to the fact that he had done two personal two applications within the past 60 days. Other reports (1, 2) confirm this as well.
The 8-day rule is often relaxed when applying for one business and one personal card, meaning that you can apply for a personal and business card on the same day or the same week and don’t have to wait 8 days in between (Frequentmiler and others). This can be the case even when applying for both with your SSN. Being the 8-day rule is a soft rule, it’s difficult to track solid data on this.
You can apply for a business card using an EIN within 8/65 since business applications run separately. Thus, it’s possible to get three cards within 60 days (2 personal and one business) (1, 2, 3). [However, note, there are data points indicating that while EIN applications don’t count your previous SSN applications against you, SSN applications DO count your previous EIN applications against you (1). Hopefully, this makes sense.]
Notes about the Rules
Even denials count. For example if you were denied for your second card on Day #9, you still have to wait until Day #66 for the third application. And the same is probably true for business cards: if you were denied a business card, you’ll have to wait 95 days to try again.
If your application did not get processed, e.g. if you violated the 8/65 rule, that application will likely not count against you toward your 8/65 (Reddit).
The only day that matters is the application date, not the card approval date.
All calendar days count, even non-business days.
Other Rules
5-Day Credit Pull Rule
Frequentmiler has some reports indicating a possible new rule which auto-declines applications if there was a hard pull done on your credit report from any bank in the past 5 days. This also may cause a decline for another 60 days afterward since Citi will just use the old credit pull for up to 60 days. (After 5 days you can call reconsideration and ask them to run your credit report again for approval.)
New 1/60 Rule?
In the past few months, some people have been told by Citi that only one new card can be approved per 60-days.
Is there a new 1/60 rule? Based on numerous data points, my understanding is that this is not a firm approval rule. There does seem to be a fraud detection in place when you apply for two cards within 60 days which requires manual intervention. I believe this issue is only when you apply for two of the same cards (e.g. two AA cards), but not when you apply for two separate cards.
Max Hard Pull Rule (6/6)?
Many people mention that Citi does not approve applicants who have six hard pulls on their credit report within the past six months.
There’s not a whole lot of information out there on this rule, but it’s probably a generalization, not a firm rule. There will presumably be a hard pull if you apply when you have more 6/6.
Since this rule tracks pulls, not cards, it’s much easier to get around it by spreading your hard pulls around various credit reports. Most people are usually under 6/6 since even if they do have six hard pull, overall, in the past six months, there will be a few pulls with each credit bureau, not six with a single one.
Max Credit
This isn’t a rule, but some people mention having a hard time getting approved for a card after they have a certain number of cards, or, perhaps, a certain amount of overall credit limit with Citi. This is probably true for a lot of card issuers, and it’s something to keep in mind.
If you have too many cards and high credit limits, consider proactively closing some of them before applying. Or try asking the credit analyst to close out another card in order to get the new one approved.
FAQ
1) You say that denials count. What if I mistakenly applied for a third card within 60 days. Does the 8/65 start over or is the dead application rendered non-existent?
Flyertalk suggests that your clock probably resets anyway, as if it were a real application. Some data points confirm this as well. (I did hear one data point about a Citi business card which would seem to suggest otherwise regarding the 90 day business rule.)
2) Is a product change considered an application toward your 8/65?
Logically, it shouldn’t count since it’s not an application.
3) If you have a targeted offer which doesn’t have the 24-month language, will it bypass the 8/65 rule?
No. It’s subject to 8/65 and it counts against future applications as part of 8/65.
4)Any advice if can’t remember the exact date I applied?
You can figure it out from your application number. The date is written year/month/day in the application number. For example, 201412150000 means you applied on December 15, 2014. (Flyertalk)
5) Is there an easy way to count up 8/65 without adding up the days on the calendar?
Try this.
6) Can I apply for a card I already have to have two of the same card?
You can usually do that with personal cards but not with business cards. That does not mean you’ll get the bonus on the second card. Read more about that here.
Known as the hidden treasure of the Midwest, North Dakota is full of natural beauty, historic allure and modern conveniences. As more people discover the benefits of residing in the Peace Garden State, pinpointing the best places to live in North Dakota becomes increasingly essential. From cities steeped in history and picturesque towns beside expansive lakes to thriving economic centers, this state presents a ton of pristine living options.
Population: 126,748
Average age: 31.4
Median household income: $60,243
Average commute time: 15.0 minutes
One-bedroom average rent: $976
Two-bedroom average rent: $1,044
Often heralded as one of the best places to live in North Dakota, Fargo strikes an impressive balance between traditional midwestern charm and a forward-thinking atmosphere. With North Dakota State University fueling the city’s innovative spirit, the city simultaneously retains its historic heart, showcased in the well-preserved downtown architecture and the timeless appeal of the Red River Valley Fair.
There’s never a dull moment in Fargo, thanks to its eclectic mix of theaters, art galleries and events that rival much larger cities. The winters, though cold, come alive with community-led ice skating and snowboarding, while the warmer months are replete with lively street fairs and farmers markets. Foodies, too, find solace in Fargo’s evolving culinary scene, where traditional American fares comfortably coexist with international delicacies.
Population: 74,138
Average age: 37.4
Median household income: $75,715
Average commute time: 18.3 minutes
One-bedroom average rent: $995
Two-bedroom average rent: $1,030
As the state’s capital, Bismarck is the hub of political activity and offers residents the opportunity to engage closely with the state’s governance. The iconic Art Deco state capitol building, often referred to as the “Skyscraper on the Prairie,” stands as a testament to the city’s deep-rooted political legacy while overlooking the picturesque Missouri River.
The city’s parks and trails offer endless exploration possibilities throughout the changing seasons. A ton of local eateries serve everything from hearty North Dakotan classics to contemporary dishes, while local theaters and events keep the community spirit alive and buzzing. Hoping to get away for a weekend? The Bismarck Airport gives you access to the rest of the country in mere hours.
Population: 58,781
Average age: 29.4
Median household income: $53,611
Average commute time: 13.1 minutes
One-bedroom average rent: $925
Two-bedroom average rent: $1,125
Celebrated as one of the best places to live in North Dakota, Grand Forks masterfully combines a strong academic focus with a touch of classic Midwestern charm. Home to the University of North Dakota, the city enjoys the youthful energy and innovation associated with a collegiate atmosphere, resulting in a thriving local arts scene, cutting-edge research initiatives and an influx of diverse perspectives.
The Red River, which gracefully meanders through the city, provides a scenic backdrop for a range of recreational activities, from serene riverside picnics to invigorating water sports. Downtown Grand Forks is a delightful blend of historic buildings, contemporary shops and quaint restaurants that offer everything from traditional comfort foods to more avant-garde culinary experiments. Seasonal events, like the Greenway Takeover Festival, have solidified Grand Forks’ reputation as a community that knows how to come together and celebrate.
Population: 47,789
Average age: 32.1
Median household income: $68,543
Average commute time: 18.4 minutes
One-bedroom average rent: $935
Two-bedroom average rent: $1,015
Minot has a captivating mix of military significance, due to its proximity to Minot Air Force Base, and the warmth of small-town living. Dubbed “Magic City” because of its meteoric growth during the railroad era, Minot remains a beacon of rapid development and dynamism, giving residents an environment of opportunities and progress.
Scandinavian Heritage Park stands as a unique testament to the city’s rich ancestral ties, displaying enchanting replicas and monuments from Nordic countries, a nod to the region’s strong Scandinavian influence. Meanwhile, the annual North Dakota State Fair in Minot is an event like no other, drawing crowds from all across the region.
Population: 27,332
Average age: 30.9
Median household income: $75,061
Average commute time: 14.6 minutes
One-bedroom average rent: $825
Two-bedroom average rent: $995
Williston serves as a crucial nexus of the state’s thriving energy industry due to its position within the Bakken oil fields, making it attractive for young people looking for employment opportunities and relatively low home prices. This energy hub is not just about industry; it presents an intriguing blend of historical significance and a pulse of modern growth. The city has experienced waves of expansion and opportunity, all while maintaining a communal atmosphere that welcomes longtime residents and newcomers alike.
The city’s location near the confluence of the Yellowstone and Missouri Rivers provides a scenic landscape for various outdoor activities, from fishing trips to tranquil riverside contemplations. Moreover, local events, like the Band Day Festival, showcase the city’s commitment to community engagement and celebration.
Population: 25,167
Average age: 32.6
Median household income: $70,391
Average commute time: 15.2 minutes
One-bedroom average rent: $900
Two-bedroom average rent: $1,000
Consistently acknowledged as one of the best places to live in North Dakota, Dickinson is a gem situated at the gateway to the ruggedly beautiful Theodore Roosevelt National Park. The city seamlessly intertwines its rich past as a historic railway stop with its present-day significance in the energy industry, primarily due to its location within the Bakken oil formation. This combination ensures a dynamic local economy while preserving the charm of its heritage.
Outdoor enthusiasts consider Dickinson a true haven, given its proximity to the Badlands, which offers a striking landscape for hiking, horseback riding and wildlife spotting. Within the city limits, the Dickinson Museum Center showcases impressive prehistoric finds, a nod to the region’s fascinating geologic history.
Population: 24,447
Average age: 35.6
Median household income: $74,341
Average commute time: 17.7 minutes
One-bedroom average rent: $925
Two-bedroom average rent: $1,100
Mandan possesses a distinctive allure rooted in its rich history and scenic landscapes. As the seat of Morton County, this town has deep historical ties, especially with the indigenous tribes of the area, and remnants of this legacy can be found in places like Fort Abraham Lincoln State Park, once the home of the 7th Cavalry.
The city’s picturesque setting along the banks of the Missouri River presents countless opportunities to enjoy the great outdoors, from boating to fishing, ensuring residents are never short of nature-infused activities. Downtown Mandan offers a delightful selection of shops, restaurants and events, bringing the community together in celebration and camaraderie.
Population: 15,750
Average age: 37.9
Median household income: $49,038
Average commute time: 12.2 minutes
One-bedroom average rent: $790
Two-bedroom average rent: $780
Affectionately known as “Buffalo City,” Jamestown earned its moniker thanks to the presence of the National Buffalo Museum. This connection is made even more tangible by the presence of a live herd, including the famous rare white bison, residing on the edge of the city.
But the bison isn’t Jamestown’s only claim to fame. The city is adorned with the Jamestown Reservoir and its series of lakes, giving residents and visitors ample space for boating, fishing and kicking back under the North Dakota sun. Meanwhile, the historical 1883 Stutsman County Courthouse provides a glimpse into the area’s past, reflecting the city’s enduring commitment to preservation.
Population: 6,559
Average age: 39.7
Median household income: $54,629
Average commute time: 15.4 minutes
One-bedroom average rent: $470
Two-bedroom average rent: $590
Recognized as one of the best places to live in North Dakota, Valley City carries the charming title of “City of Bridges” with pride. This nickname comes from the many historic bridges that span the Sheyenne River, each with its unique design and story, creating picturesque vistas throughout the town. These bridges not only serve as functional connectors but also as a symbol of the city’s commitment to preserving its architectural legacy while fostering connections among its residents.
Surrounded by the scenic beauty of the Sheyenne River Valley, the city provides a tranquil environment complemented by resources for fishing, hiking and more. Valley City State University adds to the town’s dynamic energy, infusing it with academic prowess and events.
Population: 7,182
Average age: 40.7
Median household income: $40,037
Average commute time: 14.3 minutes
One-bedroom average rent: $565
Two-bedroom average rent: $645
Devils Lake holds a magnetic appeal with its beautiful lake and the plentiful outdoor adventures it offers. The town is enveloped by the stunning beauty of the Devils Lake Basin, which not only provides a haven for anglers, boaters and nature enthusiasts but also reflects the town’s resilient spirit in adapting to the lake’s fluctuating water levels.
The community in Devils Lake is closely knit, with residents taking pride in their hometown, enthusiastically supporting local businesses and coming together for numerous annual events. The town’s historic downtown area, coupled with its many shops and restaurants, provides a serene setting for leisure and socializing. Education is given prominence, with the local college serving as a hub for learning and community events.
Your new North Dakota apartment awaits
North Dakota stands out as a state that seamlessly merges gorgeous vistas with dynamic communities. For those seeking a mix of nature, history and modern attractions, North Dakota is a top contender.
The best places to live in North Dakota beautifully capture the state’s unique appeal, making every resident feel right at home. Whether you’re captivated by the historic bridges of Valley City or the fishing paradise of Devils Lake, there’s no question that there’s an apartment in North Dakota that’s perfect for you.
Want to learn how to get a free cell phone and even a free monthly phone plan? Cell phones can be expensive, so I get it. From buying the actual phone to paying for the monthly service plan, it can all add up so quickly. Learning how to get free stuff can really help you…
Want to learn how to get a free cell phone and even a free monthly phone plan?
Cell phones can be expensive, so I get it. From buying the actual phone to paying for the monthly service plan, it can all add up so quickly.
Learning how to get free stuff can really help you to save a lot of money.
Luckily, there are ways to get a free cell phone, and there are even affordable cell phone plans for those who need it.
Some of these programs are through the government, while others are given by wireless carriers competing for your business. Government-sponsored programs like the Lifeline program help low-income families stay connected by giving them free cell phones and discounted wireless plans. On the other hand, wireless carriers also give away free things occasionally to try and get new customers to switch to them.
Below, I will be talking about how to get a free cell phone from the government, how to sign up for free monthly cell phone plans, and how to get a phone and service if you don’t qualify for one from the government. Even if you don’t qualify, there are ways to get a cell phone or service for free.
Recommended reading:
Why Are There Free Cell Phones And Plans?
Free phones exist for a few different reasons. Below, I will be talking about free government cell phones specifically. In a further section, I will tell you how you can get a free cell phone if you don’t qualify for a free government cell phone.
Free government phone program
There are free cell phones offered by the U.S. government through two programs – Lifeline and the Affordable Connectivity Program (ACP).
These programs help low-income individuals stay connected, as phone service is important for daily tasks such as finding a job, allowing U.S. residents to call emergency services, and staying in touch with friends and family.
Lifeline and ACP give subsidies to the phone companies, which, in turn, provide free phones and service to eligible customers.
Overall, free government cell phones support the goal of changing lives positively by making sure that even those who don’t have enough money can still have access to a phone.
How to qualify for a free government cell phone
To qualify for a free government cell phone, you need to meet specific eligibility requirements. You may be eligible if:
Your income is at or below 135% of the federal poverty guidelines for Lifeline and 200% for ACP.
You participate in a qualifying federal assistance program such as:
Medicaid
Supplemental Nutrition Assistance Program (SNAP)
Supplemental Security Income (SSI)
Women, Infants, and Children (WIC)
Federal Public Housing Assistance (FPHA)
Veterans Pension and Survivors Benefit
There are also tribal assistance programs. If you live on Tribal lands, you can get Lifeline if your household income is at or below 135% or if you participate in any of the programs listed above, as well as Bureau of Indian Affairs General Assistance, Tribal Head Start, Tribal Temporary Assistance for Needy Families (Tribal TANF), or Food Distribution Program on Indian Reservations Assistance.
Only one ACP or Lifeline benefit is allowed per household (not per person).
Please visit the Lifeline Support website and ACP website to determine your eligibility and apply for the programs. You can also learn more about this on the Federal Communications Commission’s (FCC) website.
What kind of free government cell phone do you get?
If you are eligible for the ACP benefit or the Lifeline program, you may receive a one-time free cell phone from one of the phone companies partnered with the government.
The specific models of phones that you can get may vary, but they are usually basic smartphones and you won’t know the specific device until it is shipped to you in the mail.
Please note that the government doesn’t offer free iPhones as part of either program (but you may be able to get a free iPhone from one of the carriers below for switching to them).
Free government cell phone plans
If you are looking for a free wireless plan or a monthly service discount, there are many options for you.
When looking for a free government cell phone plan, it’s important to consider the options that are available to you. Different providers have their services through government programs like Lifeline and the Affordable Connectivity Program.
When comparing plans, think about factors such as:
Unlimited talk and text
Data allowances and the amount of high speed internet you get
5G or 4G LTE coverage
The specific plans and devices will vary depending on the provider and your location.
Step-by-step to getting a free government cell phone and service
Eligibility – First, you must figure out if your household is eligible for a free government cell phone plan. This usually depends on your household income, and the National Verifier uses data from different databases to determine if you are eligible or you may be required to show documents for proof.
Application – If you qualify, the next step is to apply for a plan. You can usually do this through the phone provider’s website or in person at a local office or retail location, and you will want to make sure you have documentation proving your household income when you apply.
Device selection – Based on availability, you’ll be able to choose your device, such as an Android smartphone or a Samsung Galaxy device. Some plans may offer iPhones or tablets as well, but it’s not as common.
Activate and use your new phone – Once you receive your device, follow the instructions for activating your new phone, and enjoy your new free government cell phone plan and service.
As you can see, getting a free government cell phone plan is a pretty easy process that can save you money.
Best Places To Get A Free Cell Phone And Plan
In this guide, you will learn about the best places to find a free cell phone. Here are the best places that give free phones:
1. Life Wireless
Life Wireless, a participant in the federal Lifeline program, gives free mobile phones and monthly service plans to eligible low-income households.
You can get free unlimited data, talk, text, and even hotspot if you qualify.
To see if you qualify, visit their website and check their eligibility criteria. Once approved, Life Wireless will provide you with a free phone and service plan that suits your needs.
2. TruConnect
TruConnect is another provider that participates in the Lifeline program. They give free smartphones and monthly service plans to qualifying customers.
TruConnect specifically gives out new Android smartphones. Their wireless plans include unlimited talk and text, unlimited monthly data, and unlimited international calling.
To apply, visit the TruConnect website and check if you’re eligible for their services. After verifying your eligibility, you’ll receive a free cell phone along with a monthly plan.
3. Assurance Wireless
Assurance Wireless is an ACP program participant that gives free phones and monthly plans to qualified low-income customers.
You can get free unlimited talk/text as well as 25 GB of high speed data plus 2.5 GB of mobile hotspot data each month on the T-Mobile network.
You can visit the Assurance Wireless website and check if you meet their eligibility criteria. Once approved, they will provide you with a free Android smartphone and a monthly service plan.
4. SafeLink Wireless
SafeLink Wireless, another Lifeline and ACP provider, gives a free cell phone and monthly service to eligible customers.
Their monthly plans come with unlimited data, unlimited talk/text, and 10 GB of hotspot data.
Simply head to the SafeLink Wireless website to determine your eligibility for their services. If you qualify, you’ll receive a free cell phone and a plan.
5. Q Link Wireless
Q Link Wireless is a Lifeline program participant that gives free cell phones and monthly plans to eligible individuals.
Their monthly plans come with unlimited data, unlimited talk/text, and sometimes even a free tablet (ACP subscribers under their network must pay a one-time $10.01 co-pay).
Visit the Q Link website, verify your eligibility, and apply for their service. Once approved, you’ll receive a free smartphone and a monthly service plan.
6. Craigslist
Craigslist is a popular site for buying, selling, and trading items, including cell phones. You might find people giving away free phones or trading them for other items.
I recommend looking at your local Craigslist “Free Stuff” section to see if there are any free phones near you that you can get.
7. Buy Nothing groups
Buy Nothing groups are local groups that give free items and services to their members. People like you and me give away, lend, or share items in these groups all the time.
I have personally given away many items in Buy Nothing groups, and it is such a great resource.
You can look for a local Buy Nothing group on Facebook and ask to join – you can start by searching for “Your town name + Buy Nothing group” on Facebook. Then, look for posts in the group, or post a new thread asking to see if anyone has a free cell phone to give away.
Companies That Give A Free Phone When You Switch Providers
One of the most common ways to get free cell phones is directly from the phone companies themselves. These companies give free phones or device discounts as part of their service contracts.
The cost of the phone is usually built into the monthly payment for the contract many times (and makes the monthly cost much more expensive). Most companies have a wide range of phones, from the latest iPhone to the newest Android device. It’s important to know, however, that these are typically tied to long-term contracts, which could last for up to two years or more and also may have high monthly plan costs.
To get a free phone, some of the companies may require you to trade in your old phone, while others give the free phone to new customers as a way to get you to switch from your current company.
If you’re thinking about switching cell phone providers, it’s helpful to know which companies give free phones as a bonus. Below, we look at four major cell service companies and their free phone deals for customers who make the switch.
Note: You won’t get a free monthly plan with the below providers.
8. AT&T
AT&T usually has promotions for new customers that include free phones. The devices that they give away can vary, but it’s usually for the most popular phone choices, such as Apple, Samsung, and Google Pixel.
In the past, I have personally received a free cell phone for signing up for a new plan with AT&T, so I know it’s real!
9. Verizon
Verizon is another company known for giving free phones to customers who switch to them. They usually have deals on smartphones like the latest iPhone, Samsung Galaxy, and Google Pixel devices.
10. T-Mobile
T-Mobile also has free phone deals for customers who make the switch to them. These deals usually include cell phones like Apple and Android.
11. Cricket Wireless
Cricket Wireless gives free phone deals to customers who switch from another carrier. The devices available as part of these deals often include budget-friendly options from major phone companies.
Before making any decisions, it’s important to compare these free phone offers with your current mobile plan and provider. Think about factors like phone coverage (will the new service plan have coverage where you live?), the amount of data you get, and contract length when deciding which deal is right for you.
Places To Get Cheap Cell Phone Service
If you don’t qualify for free cell phone service, then you may be interested in learning how you can save money with your monthly cell phone bill. Below are the best places to get a cheap monthly cell phone service.
Google Fi Wireless
Google Fi has affordable wireless plans depending on your needs, and it is what I have used for several years.
Their Flexible plan starts at just $20 per month, per line. This is a great option if you are looking for a plan that doesn’t break the bank and still has reliable service.
Mint Mobile
Mint Mobile is known for its very budget-friendly cell phone plans that start at just $15 a month for 5 GB. An unlimited plan is just $30 a month.
Mint Mobile runs on a reliable network, making it a great choice for someone who is trying to save money but still wants to be able to have service that they can count on.
Boost Infinite (formerly Republic Wireless)
Republic Wireless has affordable phone plans with a focus on simplicity and user flexibility. Their no-contract plans start at $15 per month for unlimited talk and text with the option to add data as needed.
I have several family members who were on Republic Wireless for years, and they liked how budget-friendly the service was.
Tello
Tello has plans that start at just $10 per month for 1 GB with unlimited minutes and free text messaging. Their Unlimited everything is only $29 per month.
They also provide a no-contract flexible option, allowing you to change your plan anytime to adjust to your needs.
FreedomPop
FreedomPop is a company that has both free and very cheap cell phone plans. Through the Affordable Connectivity Program, you can get unlimited wireless service (10 GB at 5G speeds) for just $0 a month.
If you don’t qualify for the government cell phone assistance program, they also have a free plan which looks to be a really good deal. You pay a one-time fee of $10 for the SIM card kit and the free plan includes 10 minutes of voice calling, 10 text messages, and 25 MB of high speed data each month. Yes, it’s not much data each month, but they also have plans for $30 a month that include unlimited texting and 10 GB of data.
Frequently Asked Questions About How To Get A Free Cell Phone
Below are answers to common questions about how to get a free cell phone and plan.
What programs give free phones to low-income individuals?
The Lifeline program is a government benefit that gives free or discounted phone services to qualifying low-income customers, including a free cell phone in some cases.
What are the top free phone plans in the US?
There are many popular free phone plans in the U.S. where you can get free cell service. Some popular options include the Lifeline Assistance program, which gives free or discounted cell phone service to eligible low-income consumers. Plus, carriers like Life Wireless have free monthly unlimited data, talk, and text through Lifeline and the Affordable Connectivity Program.
Who has the best free government phones? Which free government phone company is the best? What Lifeline provider sends the best free phones?
There are many different companies that participate in the free government phone program such as Life Wireless, Assurance Wireless, SafeLink, and Q Link Wireless. Each company is a little different, and you should choose the best one for you based on their coverage map, plan options (how much data do you need?), and phone device.
How do I qualify for a government assisted phone? Who is eligible for a free cell phone from the government?
To get a free government-assisted phone, you will have to meet certain income requirements or participate in a government assistance program such as the Supplemental Nutrition Assistance Program (SNAP), Medicaid, or Veterans Pension program.
Which carriers give free cell phones to seniors?
Some phone carriers have special deals and discounts for senior citizens, but I don’t know of any free phones that are targeted specifically for seniors. However, if you are a senior who qualifies for any of the government assistance programs mentioned earlier, you might be eligible for a free cell phone or a discounted service.
How do I apply for a free government phone?
Getting a free government phone is usually pretty simple and can be done on the phone company’s website directly. You can visit the website of a cell phone company that participates in the program, such as Life Wireless, and see if you qualify. They have easy instructions to follow, and you can find out if you are eligible for a free phone.
How To Get A Free Cell Phone – Summary
If you need a free cell phone or wireless service, there are many different options to look into.
Free cell phones can have a big impact on the lives of individuals and families. With these phones, they can:
Connect with potential employers
Call for emergency services
Stay up to date about news and important events
Both government-sponsored programs and wireless carriers have ways to get free phones.
The government programs are designed to provide free cell phones and service to eligible households, usually those who meet specific income or program participation requirements.
Telecommunication companies (like AT&T and Verizon) sometimes have deals to get potential customers to switch to them, such as free cell phone deals that are usually tied to specific contract terms (1 or 2 years long).
Do you want to know how to get a free phone? Did you know that you can get a free government cell phone?