There is actually a time and place for debt in most people’s financial plans. You just want to make sure that you understand the differences between good debt and bad debt. Some debts can actually ...

There are a couple of situations when borrowing money is appropriate. One, when it’s profitable: you earn more with the borrowed money than you pay in interest. Two, when your back’s against ...

And, unlike home equity loans, you can make interest-only payments during the draw period (which can last up to 10 years), giving you an even easier way to borrow $100,000 without having to refinance.

Partially because the home functions as collateral, home equity loans are generally one of the more affordable ways to borrow money, particularly when compared to unsecured loan types. But this ...

When you need to borrow money, you have a few different options, including personal loans and lines of credit. Here's what you need to know. Personal Loan vs. Line of Credit: Here’s the ...

That noted, there are other ways to borrow your home equity besides just with a home equity loan or a HELOC. Cash-out refinancing, for example, may be considered.This is when you take out a new ...