Private Loans

Private Loans: Non-federal loans offered by private entities like banks and credit unions
An in-depth look at Private Loans, which are non-federal loans offered by private entities including banks and credit unions, exploring their types, benefits, drawbacks, and comparisons with federal loans.
Applicable Federal Rate (AFR): Definition, Uses, and Importance
A detailed explanation of the Applicable Federal Rate (AFR), its significance in private loans, its calculation, and how it impacts financial transactions and tax implications.

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