Latest blog posts

• 

  DebtShould you invest only if you’re debt free?

  One of the biggest financial conundrums is whether to invest the extra cash you have at the end of the month into your savings or use it to pay off outstanding debts. The latter can be tempting as unpaid debt accumulates interest charges that only add to the total balance you need to pay off.

  

  Barron Ernst, Head of Product  article author

  January 25, 2023
• 

  Home Equity4 Math Questions Before You Apply for a HELOC

  A Home Equity Line of Credit is a loan you can take out, secured by your home. You can borrow more of your equity even while you're still paying off the mortgage.

  

  Hannah Friedman, Sr. Content Manager  article author

  January 18, 2023
• 

  DebtWhat are the types of bad loans?

  So what are bad debts? Any debt that you cannot repay is considered bad debt. Bad debts are also ones that do not contribute to your net worth or depreciate in value over time.

  

  Barron Ernst, Head of Product  article author

  January 11, 2023
• 

  Home EquityWhy a HELOC Makes Financial Sense

  A HELOC is a form of revolving credit that is secured against your home. It works very much like a credit card that allows you to repeatedly borrow money for any purpose at a relatively low-interest rate

  

  Alysse Guitar, Director of Growth  article author

  January 3, 2023
• 

  Home EquityHELOC vs. Home Equity Loan: Pros and Cons

  Both home equity loans and HELOCs use your home as collateral. If you default on your payments, the lender will be legally entitled to foreclose on your home. However, there are significant differences between the two.

  

  Hannah Friedman, Sr. Content Manager  article author

  December 26, 2022
• 

  Home Equity5 things you can pay for with Figure’s HELOC in 2023

  A HELOC can help you use the equity from your home to finance major purchases.

  

  Alysse Guitar, Director of Growth  article author

  November 4, 2022
• 

  Home ImprovementIs it better to buy a new house or remodel an existing one?

  Renovating your home may appear easier and more cost-effective than buying a new house, but it isn’t always the right decision and home improvements can also become costly.

  

  Hannah Friedman, Sr. Content Manager  article author

  November 2, 2022