 is tax deductible up to ten thousand dollars the interest you pay on car loans on other kinds of loans on your credit card none of its deductible zero so this this is the only route that makes sense it's the only route to get out of the debt cycle and if you start today you may not have to make next month's mortgage payment there's no better time than right now ladies and gentlemen i would be noodling over it and so forth and so on that just means you're procrastinating act