It’s interesting that you think it is a good idea to use a home equity loan to buy a car but not OK to pay for a kitchen remodel.

My memory may be wrong because I never thought of taking money out of home equity for anything but to “improve” the home –

but am I mistaken that there was a time that Heloc money HAD to be spent on the home? And it was only when consumer debt interest became non-tax-deductable that it suddenly became the thing to use Heloc money for non-home related purchases?