Category: Debt

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Use Home Equity Line of Credit (HELOC) Wisely

Are you a homeowner?  If yes, probably you noticed that, the value of your home went up lately.  Today we are going to tackle the details of the Home Equity Line of Credit, abbreviated as HELOC. Sometimes it’s simply called ELOC. Knowledge is power.  Next time, when you are in the bank, the banker may want to drag you to his/her office with all smiles, and try to...