Por: CBS News Business April 12, 2023
You must consider the whole picture when deciding if a home equity loan or HELOC is right for you. Getty Images/iStockphoto If you're a homeowner looking for extra cash to finance a major purchase, pay down debt or cover budget gaps, you don't necessarily have to turn to high-interest financing options like credit cards or . You have a funding source closer than you may realize: your home. When you've lived in your home for a... + full article
CBS News USA Business April 03, 2023
Homeowners considering a HELOC should first know what they plan to use the money for. Getty Images/iStockphoto With and higher prices for everything from to , many Americans are looking for new ways to pay for extra expenses. While traditional ways to do this include and ,... + más
What is a HELOC? | CBS News
When should you get a HELOC? | CBS News
CBS News USA Business March 28, 2023
You can use a HELOC for anything you want, but some expenses are a better use of the money than others. Getty Images/iStockphoto If you're looking for ways to finance a major expense, cover emergency costs or just make ends meet, you have plenty of options to choose from.... + más
Is a HELOC worth it? | CBS News
CBS News USA Business March 14, 2023
A HELOC is advantageous to take out when home values are high. Getty Images/iStockphoto For millions of Americans stung by persistent and , it can be difficult to determine the best way to make ends meet. and can certainly help, but those forms of credit typically come with... + más
CBS News USA Business March 10, 2023
If used according to IRS rules interest paid on a HELOC may be tax-deductible. Getty Images/iStockphoto It's that time of year again. Taxes are due in just a few short weeks (April 18 for the 2022 filing year) and if you haven't already submitted your return you should... + más
CBS News USA Business February 24, 2023
A home equity line of credit (HELOC) is a valuable tool to help you tap into your home's equity for cash as needed. Getty Images/iStockphoto Stubborn inflation and higher interest rates are straining Americans' budgets and adding to rising debt. reported an increase of... + más
The best times to get a HELOC | CBS News
A HELOC used for home repairs may be tax deductible. Getty Images/iStockphoto During times of and , many adults look for any edge they can get to help make ends meet. This can mean cutting debt, refinancing items like student loans or shoring up their insurance protections. For... + más
CBS News USA Business February 23, 2023
A HELOC can often offer better interest rates than credit cards or personal loans. Getty Images/iStockphoto Homeownership comes with a series of financial benefits from improving one's to and more. Homeowners with significant equity in their homes can also rely on their... + más
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