Posts tagged as: ‘interest

Auto Loan with Bad credit question?

Question by LNP: Auto Loan with Bad credit question? I want to purchase a new car (around 17,000) I need a loan. I have a horrible credit score of around 540. Does anyone know of a place that would give me a loan and not pay a lot in interest. Thank you. Best answer: Answer [...]

How many mortgages can I write the interest off of on my taxes?

In 2007, I paid interest on a construction loan, a mortgage and a loan on a RV. I’ve written off the interest on the RV loan in the past as I was told it is considered a second home. Can I write off the interest on all 3 or just 2? Other information Related Blogs [...]

How do interest only mortgages work and what is the catch?

have been quoted 7.25% on a 30-mortgage on a fixed rate basis. Also was quoted 6.375% on a 30-year interest only payment schedule. Although this reduces the monthly payment, how does this pay off a mortgage? Does this require additional payments to reduce the principal?

How do interest deferred mortgages work?

I want to refinance my mortgage to decrease my monthly payments. I have heard some people suggest interest deferred loans. How do they work? What is their downside?

How Does The Interest On My Credit Cards Get Lowered?

I was just wondering how interest rates get lowered on credit cards? Why do some people have lower interest rates, and some have higher? I understand the whole difference between credit scores and that some people have better credit than others. But I know that every single person with a low interest rate on credit [...]

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