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What Loans Don't Qualify for Public Service Loan Forgiveness?
Public Service Loan Forgiveness (PSLF) is a federal program that offers debt relief to borrowers who work for a...
Who Lends Money to the US Government and What Are the Implications?
Banks, investors, the Federal Reserve, state and local governments, mutual funds, pension funds, insurance companies and...
5 Tips to Increase Your Chances of Getting Approved for a Personal Loan
Getting approved for a personal loan can be a daunting task, but it doesn't have to be. By following these five tips, you ...
Where are the Loans on the Balance Sheet? A Comprehensive Guide
Long-term loans are considered long-term liabilities, but the sections of these loans appear in the 'current liabilities' ...
Are Personal Loans Taxable? A Comprehensive Guide
Since a loan means you're borrowing money from a lender or bank, it's not considered income. Income is defined as the...
Can I Get a Loan from the Federal Government?
The federal government does not offer grants or “free money” to people to start a business or cover personal...
Are Loans Tax-Deductible? A Comprehensive Guide
When it comes to taxes, it's important to understand what is and isn't deductible. While personal loans are not...
How Does a Personal Loan Impact Your Credit Score?
The formal application for a personal loan triggers a rigorous credit check, which is a more thorough evaluation of your...
