Is a home equity line of credit okay to do?

Answer On One Hand: OK for Certain ExpensesA home equity line is a revolving credit line that you take out using your home as collateral. Lenders determine your home's value and how much equity you have i... Read More »

Top Q&A For: Is a home equity line of credit okay to do

What is the difference between a home equity loan&a home equity line of credit?

Home equity loans and home equity lines of credit are two ways to borrow against the value of your home. Though they both use your home as collateral, they differ in a number of ways.Accessing Fund... Read More »

How much credit can you get with a chase home equity line of credit?

On One Hand: Borrow the Equity AvailableOnce you determine a home equity line of credit is the right loan, many borrowers tell the bank to allow for the line of credit to be set at the total equity... Read More »

Can Reduction in a Home Equity Line of Credit Affect My Credit Score?

A home equity line of credit is a type of secured revolving credit that uses your home's equity -- the value of the home minus mortgage owed -- as collateral. In certain cases, your lender may deci... Read More »

Is it Wise to Consolidate Credit-Card Debt Into a Home-Equity Line of Credit?

An acquisitions specialist buys products and services for her company, often for resale. Acquisitions specialists are often referred to as buyers or purchasing agents. They often determine which ty... Read More »