Answered

One of the advantages of a home equity loan is that you can borrow money any time. True or False

Answer :

Answer: True

Explanation:

Home equity loans work more in the form of a credit card.  For the time that you have the loan, you are allowed to borrow a certain amount of money. The time limit, is, of course, set by the lender and for the duration of that period of time, you may withdraw money as the occasion arises.

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