What might be a danger of using a home-equity loan

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When interest rates on loans drop, people often take out home equity loans. Research the rate of home equity loans at a local bank or credit union and at an on-line lender.

Which one seems most favorable?

What is the tax advantage of a home-equity loan as opposed to an unsecured loan (credit card)?

What might be a danger of using a home-equity loan?

Business Law with UCC Applications, 14th Edition (Paul A. Sukys & Gordan W. Brown, 2017) McGraw-Hill Education, 2 Penn Plaza, New York, NY 10121

Reference no: EM131841495

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