Remove College Tuition Remove Pay Off Debt Remove Renovation Remove Tools
article thumbnail

What Is A Home Equity Loan?

Savings Corner

Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. Paying for college: You may find lenders who advocate paying college tuition via home equity, but this is a risky move. to 10 percent.

Home 52