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Author Question: A home equity loan may do all of the following except (Read 111 times)

nramada

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Question 1

One disadvantage of financing is


◦ interest payments are tax-deductible.
◦ it allows you to make purchases without having adequate cash available.
◦ it can cause budgeting problems.
◦ it allows you to have more money in the future.

Question 2

A home equity loan may do all of the following 
except


◦ give you a tax deduction if you itemize.
◦ increase your current purchasing power.
◦ increase your spending in the future.
◦ prevent you from achieving your financial goals.


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Marked as best answer by nramada on Apr 14, 2019

Tabitha_2016

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nramada

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Tabitha_2016

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You're welcome



 

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