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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

HELOCs (home equity lines of credit) come with variable interest rates and fluctuating monthly payments (like credit cards). Home equity lines of credit (HELOCs) and home equity loans are two similar finance tools β€” methods of borrowing money against the ownership stake you have in your home. HELOC: What is it?

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It’s Harley Time – But Is It Worth the Cost?

Prairie Eco-Thrifter

His wife had been a bartender and had just switched to cleaning houses for money instead. My other neighbor could probably afford the bike – until the great recession hit, his business lost enough customers to close shop and they went underwater on their mortgage. They can save money on gas for the commute to work.

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