4 home equity borrowing risks to know (and how to protect against them)
Home equity loans and HELOCs offer homeowners access to large sums of money but there are inherent risks to know, too.
Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. In addition to CBS, Aly's work has been published in Newsweek, The Wall Street Journal, Business Insider, U.S. News and World Report, Yahoo Finance, and Fortune, among others. She has a bachelor's degree from the Bob Schieffer College of Communication at TCU.
Home equity loans and HELOCs offer homeowners access to large sums of money but there are inherent risks to know, too.
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