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Is a home equity loan a good idea to pay off a student loan?

Tuesday, October 27th, 2009
Deborah F asked:


I’am Looking to help my son with his student loan payoff. He has a Sallie Mae Loan but It is not fixed. I want a fixed loan. One of my options are to get a home equity loan. Is this a good Idea? If not, I could use some suggestions.

home loan