Posted on September 7, 2011.
I need to know All the details and if it IS a good choice. Have I payed off my vehicle and credit cards and none Have, I Have to a lot of student loan dilema debt.Our Are the student loans. And Paying Them. I Have heard about home equity loans and heard about Being tax deductible. How Do They Work? Do They look bad is your credit? How Much Can You Borrow? Does it add to The Years to pay off your house? Have We only eleven Years left to pay as it is Right now. Just wondering What is a good option. I Even Thought That after I graduate and am working thats my pay checks go Canon all to my student loans. I am just looking for some good ideas to HAVING Without stress out about debt and bills and Such. We Are Trying to pay off bills and o far so good Have Done. Those student loans are intended Looming In The Background.
Junita Murdaugh says...
I'm not sure why you would want to get a home equity loan to pay off student loans.Typically interest rates on student loans are much lower than home equity loans.It is true that you can use interest paid on a home equity loan as a tax deduction, but you can also use interest paid on student loans as a deduction.
Posted on September 11, 2011
