Tag: Loans

Borrowing Options

Establishing credit ¬† You must first establish a credit record if you want to have ready access to loans when you need them. You establish a credit record by borrowing money from a lender who reports to a credit bureau. So, what’s the problem? The problem is that few...
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Is student loan interest deductible?

Answer: You may be able to deduct all or part of the student loan interest you’ve paid during the year, assuming you meet the requirements. You may be able to deduct up to $2,500 each year from your gross income if you’ve paid interest on a qualified education loan...
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