A home equity loan or line of credit (HELOC) allows you to borrow money using your home’s equity as collateral. This is like a second mortgage that turns equity into cash. To begin, let’s make sure we understand these two important terms: Collateral is something that you pledge will repay a debt. If you don’t repay the […]
low rates
What is a balance transfer?
A balance transfer is a financial resource that doesn’t get as much recognition as it deserves. Let’s shed some light on balance transfers and go over how you could take advantage of paying down debt with a lower interest rate and get you on track for your next financial goal. What is a balance transfer? […]
