How to Deal with an Underwater Car Loan When You Can’t Sell

According to experts at the automotive website Edmunds, a new car loses up to $7,419 of its value during the first year on the road. Over the next three years, new cars lose an average of $5,976 in value, mostly due to age and wear and tear. This shows just how quickly a fancy new… Read More

The post How to Deal with an Underwater Car Loan When You Can’t Sell appeared first on Credit.com.

How to Protect Your Credit While in the Military

Around a third of active military service members in 2019 said they didn’t pay all their bills on time, and close to that number of military spouses said the same. Military service can require some serious financial planning. But many service members might not realize how joining the military impacts their credit—and how their credit… Read More

The post How to Protect Your Credit While in the Military appeared first on Credit.com.

How to Get the Best Refinance Rates

When it comes to your mortgage, as little as a half of a percentage point can save you tens of thousands of dollars over the life of a loan. So getting the absolute lowest interest rate when you refinance is critical. These tips show you exactly what you need to do to make sure you […]

The post How to Get the Best Refinance Rates appeared first on The Lenders Network.

1099-C: What You Need to Know about the Cancellation of Debt Tax Form

From early January to mid-February, you might receive a number of tax documents in the mail. They can range from expected W-2s from your employer to forms about mortgage interest you paid. One form that many people don’t expect is the 1099-C. Discover why you would receive such a form and what the IRS expects… Read More

The post 1099-C: What You Need to Know about the Cancellation of Debt Tax Form appeared first on Credit.com.

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