Key takeaways Since lenders require you to repay a personal loan, they are considered debt and not taxable income. If a lender forgives some or…
Image by GettyImages; Illustration by Bankrate Key takeaways Pay-for-delete letters are one possible solution to resolving blemishes on your credit report. You will need to verify that the debt is yours, that the balance is…
Key takeaways If your annual income is less than the standard deduction, you likely aren’t required to file a tax return. But exceptions apply to self-employed people, taxpayers who file as married filing separately and others. Even if you’re not required to file a tax return, there are many good…
Postal services in Europe and around the world plan to halt shipping merchandise to the U.S. as the Trump administration’s end of the de minimus tariff exemption goes into effect. The “de minimus” exemption allowed internation carriers to ship goods valued under $800 to the U.S. without paying any duties.The…
RealPeopleGroup/GettyImages Key takeaways If you donate household items to charity, you may be able to claim a tax deduction. But you must itemize your deductions to enjoy this tax break — you can’t claim it if you use the standard deduction. The big new tax bill signed into law in…
Joe Schmelzer/Getty Images Key takeaways A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term or both to make monthly payments more affordable. If you’re seeking to modify your mortgage,…
Editor's Picks
Personal Finance
More Articles
Dept Management
Markets
More Articles
Small Business
More Articles
Key takeaways Growth ETFs may generate better long-term results, but they also carry more risk. Value ETFs are less risky and may perform better in unstable markets, but come with less potential to grow. It…
