Savings Corner
APRIL 4, 2024
As of late January 2024, home equity loan rates for the benchmark $30,000 loan are averaging just under 9 percent, within a tight range of 8.5 Credit card rates are lingering above the 20-percent mark, and personal loans can stretch into the 25–35 percent range for borrowers with less-than-perfect credit scores.
Family Balance Sheet
APRIL 9, 2021
Stressed out, we ventured into Dave Ramsey’s online Financial Peace University home course for help. We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. We agreed that credit card debt wasn’t very smart, but a car loan?
Savings Corner
APRIL 4, 2024
Home equity loans come with fixed interest rates and set monthly payments for the life of the loan. HELOCs (home equity lines of credit) come with variable interest rates and fluctuating monthly payments (like credit cards). A home equity line of credit (HELOC) is also secured. HELOC: What is it?
Expert insights. Personalized for you.
52 
Let's personalize your content