Home equity loans : hearing before the Subcommittee on Consumer Affairs of the Committee on Banking, Housing, and Urban Affairs, United Senate, One Hundredth Congress, first session on the advantages of loans for consumers over other forms of credit, such as: tax deductibility; attractive interest rates; the use of lines of credit; and 10- to 15-year periods to repay the loan. Also the need for safeguards to aware the consumer of possible forms of aggressive and misleading advertising and to inform borrowers, many of whom are elderly people, that their home is at stake and could be foreclosed, November 18, 1987.

Saved in:
Bibliographic Details
Corporate Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Consumer Affairs (Author)
Format: Government Document eBook
Published: Washington : U.S. G.P.O. : For sale by the Supt. of Docs., Congressional Sales Office, U.S. G.P.O., 1988.
Series:U.S. Congressional documents. Congressional hearings.
Online Access:CONNECT