FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Interest Deduction

Is interest deductible for credit cards and loans?

Credit cards? No.
Loans? No, except for mortgage interest.

And as to the Mortage Loan Interest, it has to be more than the standard deduction for it to do you any good.

Find the Right Lawyer for Your Legal Issue!

data-ad-format="auto">

This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.

Accept Learn more…