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What Is A Home Equity Loan?

Savings Corner

APRIL 4, 2024

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. 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

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Best Bad Credit Loans of January 2024

Savings Corner

DECEMBER 27, 2023

Lenders typically like to see that you can cover your monthly bills, including any other loan or credit card payments, and have money left over after your new personal loan payment. The highest APR an affordable bad credit loan should have is 36%, according to most consumer advocates. Fixed, predictable payments.

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