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What can you use a home equity loan for?

Por: CBS News Business March 29, 2023

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Due to its potential tax deduction, it may be smart to use home equity to finance a home repair. Getty Images/iStockphoto There are many ways to finance unexpected emergencies and other large expenses. The ones people often turn to include and . But these aren't always the best choices. Their interest rates can be high, so you wind up paying much more for the money you borrow than you might with other options. For homeowners, a... + full article



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