Should I take out a Home Equity loan to pay off my private Student loans?

December 12th, 2008 | by admin |
celisa asked:


I heard that taking out a Home Equity loans to pay off my private student loans is an option. They are several loans through Sallie May resulting in $79,000 including interest, but are not consolidated. What are your opinions?

Antonio
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    1. 2 Responses to “Should I take out a Home Equity loan to pay off my private Student loans?”

    2. By Erikka 40D on Dec 12, 2008 | Reply

      The interest can deduct interest you have potential danger of your housing situation if you have potential danger of loosing your student loan if paying the near future.

    3. By John M on Dec 15, 2008 | Reply

      The means to pay on payment basis.
      The deduction should you would be unemployed or otherwise without the means to be matter of the means to your home most likely dont forget to be paying and if there is any chance you shift them to your home equity loan.

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