
Is credit card interest tax-deductible?
Interest paid on outstanding student loan debt, mortgage and home equity loan debt, business expenses, and interest on money borrowed to purchase investment property qualifies for a deduction.
Read the latest advice from our team at Bankrate on credit card interest rates - how to understand credit card APRs, steps to minimize interest rate payments, where to find the best 0% APR offers, and everything in between.
Interest paid on outstanding student loan debt, mortgage and home equity loan debt, business expenses, and interest on money borrowed to purchase investment property qualifies for a deduction.
If you’re carrying a balance on your credit card, residual interest can easily sneak up on you when trying to pay it off.
33 percent of parents who plan to pay for summer childcare will accumulate debt.
If advertising is any indicator, “APR” is hardly a term worth explaining. From used car dealership fliers to Michael Bay-grade commercials from the major banks, APR gets tossed around like a football, [...]