how is loan forgiveness taxed

Best answer Loan forgiveness is countedtaxable incomeaccording to IRS鈥檚 latest tax rules for 2018/2019. It means that under some conditions, you have to pay some amount to IRS for the forgiveness student loan debt. So your forgiveness benefits sho Read more

how much do i owe in student loans

People also ask How much do I owe in federal student loans? Figuring out how much you owe in federal loans is relatively easy. The Federal Student Aid website, which is managed by the Department of Education, shows you how… Read more

can you transfer a car loan

Best answer Step-by-step process to transfer a car loan to another personContact your dealer or lender. Contact your lender to find out if you鈥檙e allowed to transfer your car loan to another person,and what steps you need to take.Check restriction Read more

can you get a 2nd ppp loan

Best answer 鏄?/div>鏍规嵁 10 涓潵婧?/li> People also ask Can I apply for a second PPP loan through payroll? If you use your calendar-year 2019 payroll costs to determine both your first and second PPP loan amounts, and you apply through… Read more

what is a loan refinance

Best answer A refinanceoccurs when the terms of an existing loan, such as interest rates, payment schedules, or other terms, are revised. Borrowers tend to refinance when interest rates fall. Refinancing involves the re-evaluation of a person or bus Read more

how is auto loan apr calculated

Best answer How Do They Calculate Your Car Loan APR The annual percentage rate calculated on your car loan is found by taking therate per period multiplied by the number of payments you will make in a given year. Annual… Read more

how to figure interest on a car loan

Best answer Online amortization calculator People also ask How do you calculate auto loan interest payments? Multiply the monthly payment by the balance of your loan. However, for the first payment, this will be your total principal amount. The a Read more

how much loan can i afford

People also ask How much should I earn to afford a mortgage? If you earn $5,500 a month and have $500 in existing debt payments, your monthly mortgage payment for your house shouldn鈥檛 exceed $1,480. Key factors in calculating affordability… Read more

can i use a 529 to pay off student loans

Best answer 鏄?/div>鏍规嵁 13 涓潵婧?/li> People also ask How much can I use my 529 plan to pay off student loans? Similarly, if you have two parent-owned 529 plans, one for the beneficiary and one for the beneficiary鈥檚 sibling, at… Read more

which payday loan is easiest to get

Best answer Secured loans such as title loansare the easiest small loans to get with bad credit due to collateral which is being used to support the loan instead of a credit check. Still, an unsecured payday loan is the… Read more