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  2. How a HELOC can advance your business - AOL

    www.aol.com/finance/heloc-advance-business...

    Small business line of credit. A business line of credit is a loan that works similarly to a credit card and HELOC in that you borrow money on an as-needed basis. But unlike home equity lines of ...

  3. What is a HELOC? - AOL

    www.aol.com/finance/heloc-home-equity-line...

    A home equity line of credit (HELOC) is a variable-rate form of financing that allows you to cash in on the equity you have in your home. HELOCs are a revolving line of credit, similar to a credit ...

  4. How to shop for a HELOC: 10 ways to get the best HELOC rate - AOL

    www.aol.com/finance/shop-heloc-10-ways-best...

    10 tips to get the best HELOC rate. 1. Maintain good credit. Having a good credit score is one of the key ways to obtain a competitive interest rate when applying for HELOC. A lender will consider ...

  5. Line of credit - Wikipedia

    en.wikipedia.org/wiki/Line_of_credit

    A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A financial institution makes available an amount of credit to a business or consumer during a specified period of time.

  6. Home equity line of credit - Wikipedia

    en.wikipedia.org/wiki/Home_equity_line_of_credit

    A home equity line of credit, or HELOC ( /ˈhiːˌlɒk/ HEE-lok ), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term ), where the collateral is the borrower's property (akin to a second mortgage ). Because a home often is a consumer's most valuable asset, many ...

  7. Does a HELOC affect your credit score? - AOL

    www.aol.com/finance/does-heloc-affect-credit...

    Basically, a HELOC’s impact on your credit score usually comes down to how you manage the account. “A HELOC can affect your credit score — it all depends on how you use it,” Linda Bell ...

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