Home Equity Loans
{"Image DocumentName": "Home Equity Loans", "Image ImageDescription": "Home equity loans grew from virtually nothing in the mid-1980s to more than  600 billion by the end of in 2009, before declining after the financial crisis to  475 billion at the end of They meet the tax deductibility requirements of the Tax Reform Act of 1986, which limits deductions for consumer loan interest paid by individuals, because they are secured by equity in an individual s home. Some allow access to credit line by using a credit card. Borrowers pay interest only on the amount borrowed, pay 1 to 2 percent of the outstanding principal each month, and can repay the remaining principal at their discretion.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}