Disclaimer
General information, not advice
Everything on PickedFinance is general information for educational purposes. It isn’t personalized financial, investment, tax, legal or insurance advice, and it doesn’t take your circumstances into account. Before making a decision, read the provider’s own terms and consider talking to a qualified professional.
We aren’t a financial institution
PickedFinance isn’t a bank, credit union, lender, broker-dealer, investment adviser or insurance agent or company. We don’t take deposits, extend credit, sell securities or insurance, or make approval decisions. Approval, rates and terms are decided by the provider.
Rates and terms change
We show the day each rate was checked on the provider’s page, but providers can change rates and terms at any time. Confirm current terms on the provider’s site before you apply.
Deposit insurance
FDIC insurance covers deposits at FDIC-insured banks, and NCUA insurance covers shares at federally insured credit unions, up to the standard limits and only if the institution fails. When we say an account is insured, we name the insured institution. Financial apps that aren’t banks aren’t FDIC-insured themselves; any coverage depends on the partner bank and on conditions being met. FDIC rules on false advertising and misrepresentation of insured status apply to third-party publishers as well as banks (12 CFR Part 328, Subpart B), and we write our pages to follow them.
Investments
Investments aren’t FDIC-insured, aren’t bank deposits and may lose value, including the money you put in. SIPC protection covers certain losses if a brokerage firm fails; it doesn’t protect against market losses. Past performance doesn’t guarantee future results. We compare platforms and fees; we don’t recommend specific securities.
Insurance
Coverage, availability and prices vary by state, by insurer and by applicant. The policy document governs what is covered.
No warranty
We work hard to keep pages accurate and dated, but errors can happen. Report them under our corrections policy.