Tag Archives: Rules
Is Personal Loan Interest Tax Deductible? Understanding the Rules
When managing personal finances, many borrowers wonder whether the interest paid on personal loans can be deducted from their taxable income. Unlike mortgage or student loan interest, personal loan interest is generally not tax-deductible—but there are some exceptions. When Is
Golden rules to borrowing a personal loan today
Golden rules to borrowing a personal loan today There comes a time in your life, where you will need to opt for borrowed funds in order placate your financial requirements. While there are plenty of options available in the market,
New Federal Student Loan Rules Take Effect
New Federal Student Loan Rules Take Effect Although, most people do not suspect a thing, federal student loans were dramatically affected by the healthcare legislation which passed last year. It is unclear why Congress elected to include changes in federal