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Question
Can you use a home equity loan for anything?
Can you use a home equity loan for anything?
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Solution
In principle, one can use a home equity loan to pay off any sort of debt. It could be for purchasing other properties, remodeling a home, paying off student loans, and medical expenses. All loans and credits are to be paid off within a limited time frame and regular fixed interest payments.
In principle, one can use a home equity loan to pay off any sort of debt. It could be for purchasing other properties, remodeling a home, paying off student loans, and medical expenses. All loans and credits are to be paid off within a limited time frame and regular fixed interest payments.
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