Dangers of Using a HELOC as Short Term Savings Solution
One of the trends that became popular during the housing market boom was relying on home equity to pay for unexpected expenses. The idea is that you can use a home equity line of credit (HELOC) to cover for emergencies. However, even in the good economic times this was probably a dubious strategy for short […]
The post Dangers of Using a HELOC as Short Term Savings Solution appeared first on Good Financial Cents®.