Home equity loans are often attractive because - o they increase your equity, or ownership, in your home. o they free up a bunch of fun money you can spend how you wish o they offer tax benefits they increase the risk of losing your home
Home equity loans are often attractive because - o they increase your equity, or ownership, in your home. o they free up a bunch of fun money you can spend how you wish o they offer tax benefits they increase the risk of losing your home
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter3: Your Role As A Consumer
Section3.1: Consumption, Income, And Decision Making
Problem 2R
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![Home equity loans are often attractive because --
o they increase your equity, or ownership, in your home.
o they free up a bunch of fun money you can spend how you wish
they offer tax benefits
o they increase the risk of losing your home](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa369bb60-cdd2-450e-9056-e03a91b5ded4%2F4acc2172-b543-4949-8851-b873f2387844%2Fvsnzlg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Home equity loans are often attractive because --
o they increase your equity, or ownership, in your home.
o they free up a bunch of fun money you can spend how you wish
they offer tax benefits
o they increase the risk of losing your home
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