Pros And Cons Of A Home Equity Line Of Credit (HELOC)
Savings Corner
APRIL 4, 2024
Flexibility With a HELOC, you use the funds as you need them, then repay only what you borrowed (with interest). In contrast, home equity loans and personal loans offer a lump sum that has to be repaid in full (also with interest), whether you use all of the money or not. Should you get a HELOC? Should you get a HELOC?
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