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Can You Deduct Interest Paid On An Car Loan From Your Taxes?

Home Loans — Sat, 20 Feb 2010 18:56:06 +0000

My brother is able to deduct the interest he pays on his farm equipment, and I’m able to deduct the interest I pay on a student loan… so I was wondering if anyone knows if it’s possible (or legal) to deduct the interest paid on an car loan come tax time?

Can Money From A 401k Loan For A First Time Home Go Towards A Down Payment And Closing Costs?

Home Loans — Thu, 18 Feb 2010 18:56:02 +0000

I know I can use a loan from my 401k towards the down payment. If I have some money left over from the 401k after that, can I use the rest for the closing costs?

How And From Where Should I Consolidate My Student Loan?

Home Loans — Wed, 03 Feb 2010 18:56:58 +0000

I have student loan subsidized and unsubsidized total of about 20000 with 4.25% interest rate and citiassist (private loan) of 6000 with the same interest rate all from citibank. Can i consolidate my loan with lower and fixed interest rate? Citi doesnt consolidate any more.

How Is The Interest Paid On Educational Loan Calculated From The Repayment?

Home Loans — Mon, 25 Jan 2010 06:57:23 +0000

I repaid rs 34000/- towards my educational loan so far this year. How can I calculate the interest paid towards the loan as that is the amount which can be used for tax rebate? when I asked the bank for tax certificate, they simply add up the interest charged to the account in the year which I think is wrong as the rebate is for the interest paid and not the interest charged.Please help.

What’s The Difference Between Withdrawing Your 401k And Taking A Loan From Your 401k?

Home Loans — Thu, 21 Jan 2010 06:56:34 +0000

Is it possible to take a loan from your 401k with out having to pay taxes on it till 2010 taxes.

Where Is The Best Place To Borrow A Personal Loan From?

Home Loans — Sat, 16 Jan 2010 00:56:07 +0000

I plan on purchasing a new car, but my bank (wamu) does not offer personal loan, so i wonder where else i can find a personal loan with the least interest.
Citi bank offers a loan with APR 10.5 %. Is is consider low?

How Can I Get A Student Loan From Canada?

Home Loans — Sat, 09 Jan 2010 06:56:13 +0000

I am an International student in Canada, have been living hear for almost a year and half, how can i obtain a student loan or any kind of loan here. Can anyone Please advise me?

What Are The Ramifications Of Walking Away From A Arm Loan?

Home Loans — Wed, 06 Jan 2010 06:56:12 +0000

After talking with a financial advisor, I’ve come to the conclusion that walking away from a owned condo in SoCal may be financially beneficial. Can I be sued? How long will my credit be ruined? (I’m not planning on buying again anytime soon and have two cars paid off so I wont need a loan soon). What kind of lawyer should I discuss this matter with?

I Received A Loan From A Company That I Did Consulting For, They Say That I Am In Default.how Do They Collect?

Home Loans — Mon, 04 Jan 2010 06:56:06 +0000

Both parties are in Wisconsin, there were no written terms of the agreement. Just a written acknowledgement from me that they gave me the loan. What rules/procedures would they have to follow to collect?

Will Getting A Loan From Your 401k Reduce Your Stimulus Refund Amount?

Home Loans — Thu, 24 Dec 2009 12:57:00 +0000

My husband got a loan from his 401k. A friend of mine told me that because of him getting that it will reduce the amount we receive. This is the first I have heard of anything like that and I have searched it and couldn’t find anything. Does anyone know anything about this?