A home equity line of credit (HELOC) is when you use your home equity as leverage to take out new credit. Learn more about how to use these to your advantage.
The main difference is whether you need to put up collateral. They also have different interest rates and terms. Read more to make an informed decision.
Credit card refinancing can help you save money on interest and simplify your monthly payments. That said, it’s not without its potential drawbacks. Here’s what you need to know.