Banking

June 25, 2018

How can I ensure that I get the best possible rates on my loans?

Be careful when signing up for a home equity loan or line of credit – the disclosed APR does not reflect the total fees that are […]
June 25, 2018

What are the possible implications if I co-sign for a loan?

The co-signer enters an agreement to be responsible for the repayment of the loan if the borrower defaults. A lender will usually not go after the […]
June 25, 2018

Can you stop paying Private Mortgage Insurance (PMI)?

Usually people that make a down payment of less than 20% are required to pay private mortgage insurance by their lender. Once you reach 20% equity, […]
June 25, 2018

Is any loan interest tax deductible?

These interests are deductible, some fully, some partially: Education-related interest Business interest Investment interest Mortgage interest