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Look into credit cards for no credit history: Also known as starter cards, these credit cards are built for those with little or no credit history, a category many students fall into. The credit ...
With the Tax Reform Act of 1986, the government stopped allowing a tax deduction for consumers on credit card interest payments, arguing that the deduction encouraged growing consumer debt.
Key takeaways. Students under 21 can only report personal income, allowances from family members and residual scholarship/grant money after tuition and college expenses.
Student credit cards are typically easier to qualify for and offer helpful rewards and perks related to students’ lifestyles. When choosing the best student card for you, take into account your ...
Federal student loan interest rates are fixed for the life of the loan; however, the rates for new loans will change annually, based on the current market. The interest rates for the 2013–2014 academic year are as follows: 3.86% for undergraduate Stafford Loans (both subsidized and unsubsidized) 5.41% for graduate Stafford Loans [ 6 ]
These unsecured credit cards are typically easier to qualify for than traditional credit cards. The best student credit cards report your responsible spending and on-time monthly payments to the ...
The best student credit cards usually have fewer fees and better APRs than credit cards for non-student borrowers with no credit history, as well as options to upgrade to a non-student version ...
You paid interest on a qualified student loan during the tax year. You’re obligated by law to pay interest on the loan. You are not claiming married filing separately as your filing status.
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