line of credit

[southern151]

I know that home equity interest is tax deductible whereas, I don't think that a personal line of credit is. Fact check it but, I am pretty sure that this is the case. God knows we can all use as many write-offs as we can get these days!

[Bucktail1]

Originally Posted by southern151

I know that home equity interest is tax deductible whereas, I don't think that a personal line of credit is. Fact check it but, I am pretty sure that this is the case. God knows we can all use as many write-offs as we can get these days!

That's correct. Home Equity loan/homeequity line of credit is the way to go over a personal line of credit. If you have any equity in your home, that's definitely the best choice.

[fishinpox]

me and my uncle "paulie" can hook you up!!