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Can You Use A Home Equity Loan For Something Other Than A Home?

Submitted by on Wednesday, 30 September 2009View Comments
Can You Use A Home Equity Loan For Something Other Than A Home?

I prerequisite a loan and some people suggested I look at this because of bring interest rates (instead of high interest rates do not remain quiet with the evil one) credit cards. But it's not for a house and I would not contain enough security for the amount I borrow. I have a great credit notch over 700, but also have student loans and other honesty card debts which I am very good at paying on, and make ample supply to comfortably make the payments. If I can not get a home equity loan, what order of loan I can, and in what amount and price, I expected? I searched around online, but all of the Bank's wording, not only confuse me, so anyone who could explain this a little more "buyer friendly" would be helpful!

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