Erase Credit Card Debt Stress with These Loan Options
Home Equity Loans
For homeowners, a home equity loan or line of credit (HELOC) can be an attractive option. These loans typically offer lower interest rates because they are secured by your home. Current home equity loan rates can be as low as 3% to 5%4. However, it's essential to consider the risks, as failing to repay the loan could result in losing your home.