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In Recent Years, Home Equity Loans Have Become a Popular

Question 10

Multiple Choice
In recent years, home equity loans have become a popular form of second mortgage. Their popularity has been a result of all of the following EXCEPT:

In recent years, home equity loans have become a popular form of second mortgage. Their popularity has been a result of all of the following EXCEPT:


A) Lower interest rates than other consumer debt
B) Shorter terms than other consumer debt
C) Tax-favored status
D) Aggressive marketing by lenders

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