Question
What is the main advantage of using a home equity line of credit (HELOC) to pay off your credit card balances? A. The entire loan
What is the main advantage of using a home equity line of credit (HELOC) to pay off your credit card balances?
| A. The entire loan payment is tax deductible. |
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| B. The HELOC has regularly scheduled payments, unlike a credit card. |
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| C. Your house may be used as collateral for the loan. |
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| D. You can list the interest paid on the HELOC as an itemized tax deduction. |
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Python For Finance
Authors: Yves Hilpisch
2nd Edition
1492024333, 978-1492024330
