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Home Equity Loans and Lines of Credit 101 (HELOC)

Is A Home Equity Loan Right For Me?

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Consider the issues mentioned above before deciding to take out a home-equity loan. You could be increasing your monthly payments if you don't use the money to pay off other debt. Make sure you can afford this. If you can't, you could lose your house.

Complete your budget to see how your finances would look if you were to take out a home-equity loan.

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