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Home Equity Line of Credit (HELOC) loans effectively work like a credit card: You add to your outstanding balance as you spend and pay it off continuously over time. The difference is typically a lower interest rate because the loan is attached by your home. Here are 10 of the best HELOC lenders on

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If both financing options are open to you, compare rates of an auto loan to a HELOC before deciding. Car loans can be confusing, visit Bankrate.com for information. Elevate your Bankrate experience Get insider access to our best financial tools and content Elevate your Bankrate experience Get inside

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Homeowners use HELOCs for various purposes, such as remodeling or renovating a home, financing a child’s college education, buying a car, or purchasing a second home or other real estate. Some people …

A home equity line of credit can help immensely, but it can harm you too. Here’s how to keep yourself in check. by sarah kuta contributor The first time Laura Agadoni used a home equity line of credit — aka a HELOC — was to finish the basement in her suburban Atlanta home. Whenever she had to pay co

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HELOC is a money term you need to understand. Here’s what it means. Elevate your Bankrate experience Get insider access to our best financial tools and content Elevate your Bankrate experience Get insider access to our best financial tools and content Elevate your Bankrate experience Get insider acc

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