Guide (Page 12)

Home Equity Loan Considerations

In other words, the benefit of the loan must outlast the loan period. Taking a loan for financing that elusive vacation is a strict no-no. Moreover, home equity loans must also never be taken for day-to-day expenditures. This option should be saved for emergency needs only. When applying for a home loan, all credentials of the lender must be keenly checked. The local consumer protection agency... ❯❯❯