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Why Taking Out a HELOC Could Be Dangerous This Year

·3 min read
Why Taking Out a HELOC Could Be Dangerous This Year

If you have a need for money, you may be thinking of taking out a home equity line of credit, or HELOC. With a HELOC, you're not limited to a single lump sum you can borrow. Plus, HELOCs are fairly easy to qualify for because they're secured by the equity you have in your home.