How to Decide: Home Equity Loan or Line of Credit?

by Wade Barnes 14. September 2011
So, you’ve decided to add an addition, pay tuition expense, or have a cushion for life’s unexpected expenses. As your home is one of your greatest assets, many people decide to borrow against the equity in their home by obtaining a Home Equity Loan or a Home Equity Line of Credit. The tough decision is deciding which product will best suit your situation. When working through the decision of whether to obtain a Home Equity Loan or a Home Equity Line of Credit, there are 4 catego... [More]

Paying for College through Friends and Family

by Admin 29. July 2008
I just read online that two major colleges increased their Fall 2008 tuition by almost 10%. For many of us, paying for college is a struggle, especially in the midst of shaky economic times. Some options are financial aid and government loans, borrowing from family, or if you are like me, going into some major credit card debt; I highly recommend not using the last option…trust me. Looking further into possible options I Stumbled Upon – pun intended – Fynanz.com. New York b... [More]

Home Equity Loan or Home Equity Line of Credit?

by Wade Barnes 21. July 2008
The time has come and you have decided to tap the equity in your home. In shopping products you study some differences betwwen Home Equity Loans and Lines of Credit but may still have some questions as to which product best fits your needs. Every situation is different and it is hard to say that one product has more benefits than another in any given circumstance, but there are some questions you can ask yourself that may help guide you to your best fit. Q: Does a variable rate bother me?Most H... [More]


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