Posted on April 13, 2008 at 12:44 pm
By Ryan in Personal Finance
There has been a lot of noise lately about lenders “freezing” HELOCs across the country. For those of you that don’t know what a HELOC is here is a quick breakdown.
A HELOC, or Home Equity Line of Credit is a revolving credit line that uses the equity of your house to secure the debt. So, [...]
