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The benefits of a credit card without the interest rate of a credit card

Posted April 1, 2020  |   Topics: Home Financing & Renovation

A home equity line of credit lets you borrow and spend money just like a credit card. But unlike a credit card, the interest rate is tied to the prime rate. With the prime rate at historically low levels you can access credit at a fraction of what most credit cards charge. Use the money for any immediate needs, or pay off high-interest debt.

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Topics: Home Financing & Renovation