A home equity loan:
A) Can be used to consolidate many high interest rate credit card debts into a single low interest rate loan
B) Is a great option for people with a lot of debt who cannot control their spending
C) Usually has a high interest rate,so it should be used only in emergencies
D) None of the answers are correct
Correct Answer:
Verified
Q40: Which of the following is not a
Q41: Which of the following is not true
Q42: What does HELOC stand for?
A)Health expense license
Q49: Home equity loans are typically used to
Q49: HELOC stands for:
A) Help equity line of
Q50: Nick took out a home equity loan
Q53: Who can help you determine your borrowing
Q55: Leasing a vehicle is always a better
Q56: What is an adjustable-rate mortgage (ARM)?
A)A home
Q60: Equity is the difference between what you
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