Latest blog posts about Tools And Guides

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  Home Equity What is a HELOC?

  A HELOC is a home equity line of credit secured by your home.

  

  Alysse Guitar, Director of Growth  article author

  February 2, 2023
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  Debt Understanding the different types of interest rates

  When you're borrowing money, the interest rate is part of what determines how much that loan will cost you over time. But you shouldn't always just choose the lowest rate offered.

  

  Debra Jack, Contributor  article author

  February 1, 2023
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  Debt What 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
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  Home Equity Why 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

  

  Debra Jack, Contributor  article author

  January 3, 2023
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  Home Equity HELOC 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.

  

  Debra Jack, Contributor  article author

  December 26, 2022
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  Home Equity 5 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
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  Home Improvement Is 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