Which of the following statements is true concerning home equity loans?
Y
O Home equity loans...
Business, 25.06.2020 09:01 gbprulesmile
Which of the following statements is true concerning home equity loans?
Y
O Home equity loans are generally installment loans with a 1-5 year term.
O Home equity loan interest is tax-deductible up to a maximum of $100,000.
O Home equity loans cannot be used to pay for college costs.
Home equity loan proceeds are generally restricted as to purpose.
Answers: 1
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