If you’ve got a big, five-figure expense coming up – maybe a home renovation or a medical bill – you may be staring down two options: a HELOC (home equity line of credit) and a high-end credit card.
You can use home equity to pay off high-interest debt or improve your home, but it’s important to understand the risks.
Your home equity may be a natural option to fund a variety of needs. Need to pay college education costs? A home equity loan or home equity line of credit (HELOC) can help. Want to buy a new car or ...
At the start of every new year, millions of Americans feel a massive holiday hangover, not just from their celebrations, but also from their suddenly inflated credit card balances. With the average ...
Understand the essential differences between secured and unsecured lines of credit, including how they affect interest rates, ...
$60,000 can cover a wide range of expenses and purchases. Whether you want to pay off high-rate credit card debt, make major home repairs and improvements or finance college education costs, $60,000 ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
Becoming a homeowner is a major milestone, and the benefits don’t end when you cross the threshold. Under the right circumstances, you can use your home as a tool to reach other financial goals. In ...