A home equity line of credit is popular, but is it smart? Learn how to get the cash you need while keeping your home and finances safe and sound.
A Home Equity Line of Credit, or HELOC (pronounced hee-lock) as it is called in my industry, has become as common as SUVs and Starbucks. If you don't have one, I bet you know someone who does. People use HELOCs as an easy way to get lots of cash.