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1. Home Equity. What is home equity? Describe how home equity loans work. 2. New Cars. Explain the advantages and disadvantages of buying a new

1. Home Equity. What is home equity? Describe how home equity loans work.

2. New Cars. Explain the advantages and disadvantages of buying a new car instead of a used car.

3. Student Loan Deferment. Explain when you might use a deferment on student loans. What are the disadvantages of deferring student loans?

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1 Home Equity Definition Home equity refers to the current market value of a homeowners unencumbered interest in their real property minus the outstan... blur-text-image

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