In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

The Rule of 78 can be used by lenders to calculate interest that could significantly impact how much you end up paying over the life of a loan. Unlike the standard amortization method, the Rule of 78 ...

On May 30, the Education Department’s Federal Student Aid office announced the new federal student loan interest rates for ...

Discover what an unearned discount is, how it's calculated, and see examples. Learn how it impacts loan income and ...

Forbearance can pause or reduce student loan payments for up to a year. Accrued interest during forbearance raises total repayment costs. Alternatives to forbearance include deferment and ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Discover what a first mortgage is, its importance as a primary lien, key requirements, and tax benefits. Learn how it compares with a second mortgage and explore real-life examples.