Category archives for: Student Loans

can I deduct college supplies, transportation, etc. from taxes even though I am on SSI?

College Loan

Question by samanthajdavis: can I deduct college supplies, transportation, etc. from taxes even though I am on SSI? I am on ssi but I pay for medicine co pays, college supplies(books,clothes, food), transportation, etc. I have my receipts but didn’t know if I could file taxes and claim deductions and get tax credits. Plus I [...]

Okay to worry about paying off student loans? Reaching $60,000 and I still have two more years in college!!!!?

College Loan

Question by wonderingicon: Okay to worry about paying off student loans? I still have two more years in college! I just finished my second year in college. I have loan of $ 60,000 with interest rate of 10.25% – $ 50,000 on private loan (Sallie Mae Student Signature Loan) and the rest on federal subsidized [...]

Can cosigning for friends college loan impact personal credit rating or score?

College Loan

Question by HelloWorld: Can cosigning for friends college loan impact personal credit rating or score? I am trying to buy a house however my friend needs me to sponsor her college loan. If I signup to be her cosigner, would that directly or indirectly impact my creadit rating or score? I would like to help [...]

College Student – Inquiries on Credit report?

College Loan

Question by Jen: Inquiries on Credit report? I didn’t know before that even if I have no credit history/ credit score, the inquiries (when the lenders/creditors pull up a credit check on you) can show up on the report. People say that this can harm approvals for future loans/ credit cards…How long will the inquiries [...]

How is it legal for employers to do a credit check on potential employees?

Credit Repair

Question by Genxandy: How is it legal for employers to do a credit check on potential employees? It’s illegal to discriminate on a credit score, so how is it legal for employers to do a credit check? I knew an accountant who embezzled money from the company. She had excellent credit. So did those CEO’s [...]

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