Which of the Following Is Not a Characteristic of Home

question 115

Multiple Choice

Which of the following is not a characteristic of home equity loans?

• A)They may generate tax-deductible interest payments.
• B)Repayment may be stretched out over many years.
• C)The proceeds may be used to finance consumption of consumer goods.
• D)They carry higher interest rates than non-secured consumer loans.

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Scannable Version

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