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  2. Should you use a personal loan to pay your taxes? - AOL

    www.aol.com/finance/loan-to-pay-taxes-124723856.html

    A personal loan may offer a cheaper way out of tax debt if you can meet 3 key criteria. Learn the benefits and drawbacks — including alternatives — in this comprehensive guide.

  3. Are personal loans taxable? How personal loans affect your ...

    www.aol.com/finance/personal-loans-affect-tax...

    Personal loanstax deductions depend on how you use the money. You cannot deduct payments from your annual income for tax purposes when personal loans are used for personal needs, such as:

  4. Can you pay taxes with a personal loan? - AOL

    www.aol.com/finance/pay-taxes-personal-loan...

    If you are strapped for cash and worried about how you will pay your taxes this year, taking out a personal loan to cover this expense could be tempting. ... personal loans, due to lower monthly ...

  5. Refund anticipation loan - Wikipedia

    en.wikipedia.org/wiki/Refund_anticipation_loan

    This service of loans-on-tax-refunds was advertised in the local area between 1985 and 1987. The refund advance loans became a success from the start and a sensation in the area in 1986 and 1987 and was the first and only firm in the United States that was offering that service according to the IRS. [citation needed]

  6. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...

  7. Original issue discount - Wikipedia

    en.wikipedia.org/wiki/Original_issue_discount

    In the United States, whether interest is adequate is determined with reference to the applicable federal rate (AFR). Under the Internal Revenue Code, original issue discounts on debt instruments are taxed each year, even though the debt may not be repaid until a later date. The tax system will impute an interest rate on the loan.

  8. He and his wife make a combined income of $72,000 a year, after taxes. He plans to set some of this aside to pay off all credit cards and personal loans, which total $26,000, by October this year.

  9. Bullet loan - Wikipedia

    en.wikipedia.org/wiki/Bullet_loan

    In banking and finance, a bullet loan is a loan where a payment of the entire principal of the loan, [1] and sometimes the principal and interest, [2] is due at the end of the loan term. Likewise for bullet bond. A bullet loan can be a mortgage, bond, note or any other type of credit.

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