The deduction for mortgage insurance premiums is available until the 2020 tax year. The deduction won’t be available after 2021 unless Congress extends it. If you need assistance managing an estate, we can help. H&R Block can help you prepare taxes for a loved one who has passed away. Learn more about the five most … Read more
The debt that auto lenders are unable to collect is frequently charged off. Lenders view auto loans as liabilities rather than assets when borrowers stop making payments on them. They may do this and start collection and repossession efforts by sending the debt to a collection agency. If you want to know how auto loan … Read more
Upstart’s personal loans can help you with anything from debt consolidation to major purchases, and the credit score requirements are more lenient than those of some other lenders. Fast funding and flexible loan amounts are just two significant benefits of new personal loans. With flexible credit requirements, Upstart provides loans starting at $1,000. Well qualified … Read more
You may have heard that student loans are exempt from bankruptcy. That’s not entirely true. Private and federal student loans can be discharged in bankruptcy, but the procedure is more onerous than paying off credit card debt, medical bills, and other types of debt. Because federal student loans provide flexible, income-based repayment plans, deferments, forbearances, … Read more
Before making a final decision about this, you’re thinking about becoming a loan officer but want to learn more about the work-life balance, salaries, job prospects, educational requirements, promotion opportunities, and other factors. You’re in luck because the following chapters will detail the advantages and disadvantages of working as a loan officer. Loan Officer Job … Read more
Student loan refinancing is an excellent way for individuals to save money over the course of their loan repayment period. Refinancing can be especially beneficial if you’re able to secure a lower interest rate or save money in other ways. Citizens Bank is one of the top lenders in the student loan refinance market and … Read more
Note from the Editor: This article’s content is solely based on the author’s opinions and suggestions. It might not have received approval from any of our network partners through reviews, commissions, or other means. When you are rejected for a loan, it can be difficult to not take it personally. But if your loan application … Read more
Many buyers require a cosigner because getting an auto loan without a high income or good credit score can be challenging. However, you might want to drop the cosigner from the loan if they later prove to be unnecessary or if they no longer want the added financial responsibility. Transferring the debt to a credit … Read more
When you receive a lump sum from an inheritance, tax refund, or sale commission, you probably think about the best way to spend the money. One factor to take into account is paying off debt, including credit card, mortgage, and auto loans. By avoiding the interest you would otherwise pay on the loan, paying off … Read more
Student loans are a reality for many Americans. Over 43. The average debt of 2 million student borrowers is over $39,351 each. You must work with a student loan servicer if you have a federal student loan now or plan to get one in the future. A student loan servicer is a business that the … Read more