How Does an Equity Line of Credit Work? An equity line of credit is a type of revolving credit that allows homeowners to borrow against the equity in their home. Homeowners can use this credit to ...

You can use home equity to pay off high-interest debt or improve your home, but it’s important to understand the risks.

Gain the flexibility to use your home’s equity for your financial goals Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side.

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Understand the essential differences between secured and unsecured lines of credit, including how they affect interest rates, ...