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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

This might help shield your budget from fluctuating-rate increases. This unpredictability could wreak havoc on your budget. There are also lenders that will approve home equity loans and HELOCs for borrowers who have FICO scores as low as 620, provided that you meet other requirements related to debt levels, equity and income.

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