government student loans if I transfer to a private loan, can I deduct the interest on taxes?
August 6, 2010 by admin
Filed under Student loans
I currently have federal Student loans in 6th salliemae 8%. I have the opportunity to obtain credit elsewhere for two people. 7% and repay loans of higher interest rates. But I’ll still be able to write, the value of this new credit, as I have with my current Student loans?
I do not think you would be able to do so. However, you can always be better help.
are not, because the loan is not a student loan, but a personal loan werden.Wenn you achieve and maintain this rate for the loan is repaid, then, would be to go all the way even the loss of the deduction interest on student loans. Even if you are in the bracket and the higher your interest rate on student loans (which may be deducted from the colon) your 6th 8% worked four stars. 42% after tax is best. You lost the second solid 7% for it to go as long as he does not step up to a higher rate in the future before it is paid in full.