Is equity loan a good idea?

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Dee Blanda asked a question: Is equity loan a good idea?
Asked By: Dee Blanda
Date created: Sun, May 23, 2021 11:00 AM
Date updated: Fri, Aug 12, 2022 7:40 PM

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Top best answers to the question «Is equity loan a good idea»

A home equity loan could be a good idea if you use the funds to make improvements on your home or consolidate debt with a lower interest rate. However, a home equity loan is a bad idea if it will overburden your finances or if it only serves to shift debt around.

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