Many HELOC borrowers find themselves asking, “Is HELOC interest tax-deductible?” The short answer is yes, but not all the time. There are limitations that borrowers should be aware of. Let’s dive into the facts about HELOC and taxes.
Building wealth doesn’t happen overnight. It takes hard work to achieve, but it’s not impossible. There are some tried and true methods that have helped secure the financial futures of lots of people from all walks of life. Set Yourself Up To Build Wealth A college degree is still one of the biggest keys to […]
American consumers are awash in debt. According to a recent report by the Federal Reserve, we collectively owe $4.1 trillion in consumer debt, including over $1 trillion in credit card or revolving debt. Are you stressed—both mentally and financially—about your share of this credit card debt? Then it’s time to take action and heed these […]
All parents want a happy future for their children, yet not enough moms and dads teach their kids about financial literacy, a key component of happiness. Educate your kids about money management and it can change their lives for the better.
Prosper is excited to announce the launch of the Prosper Invest mobile app. Available on both iOS and Android, the app lets Prosper’s individual investors now manage their account from their mobile device – from adjusting their investment portfolio, to transferring and allocating funds, to checking their returns. The Prosper Invest mobile app can be […]
Did you get an unwanted surprise recently when your credit score dropped? Before you panic over an unexpected decrease, understand that everyone’s credit score fluctuates based on several factors, most of which have relatively easy fixes. Credit Score Drop Reason #1: Were you recently late on a payment or miss a payment altogether? Of the […]