would you take out a home equity loan for cosmetic surgery?
I want implants and I don't want to wait for them any longer. I don't want to get a credit card or anything because I have two I am trying to pay off. Would it be foolish to take a home equity line of credit?
Asked By: southern belle - 7/2/2009
Best Answer - Chosen by Asker
Sorry, but putting that sort of debt against your house is not a good idea... More
Answered By: mykatesmom - 7/2/2009
Additional Answers (6)
Yes, it is foolish. In today's economy, if you can't pay cash for it, you probably really don't need it. What happens if you take out the home equity loan and them something catastrophic happens to you or your family? You'll have no equity to borrow from to help get you through the rough spot. Be an adult and think... More
Answered By: sunshine - 7/2/2009
NO, I would not because, YES, it would be foolish... More
Answered By: Angie - 7/2/2009
There are artificial pieces you can buy to insert in your bra if you really want to look bigger, without them leaking, tearing or causing back pain. Try a push up or padded bra... More
Answered By: tj - 7/2/2009
Yes, it would absolutely be foolish to go further into debt to get something that is purely cosmetic.
Answered By: Andy - 7/2/2009
Foolish would be an understatement.
Answered By: 17 Year Old Blogger - 7/2/2009
There are a lot of benefits when you have a home equity. First of all, it increases the value of your home. Moreover, you can make use of it so you will be able to improve your credit rating should you decide to apply for a home equity loan.nBut do you exactly know how to make good use of your loan? Just to help you... More
Answered By: Kyle - 7/2/2009
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