Tapping the equity you hold in your home can be a great way to pay for major renovations, college tuition, and other big expenses, but did you know you can also use a home equity loan for debt consolidation? We take a look at the pros and cons of using your home equity to help pay down your high-interest debt.
Wasatch Peaks
Recent posts by Wasatch Peaks
7 min read
Should You Get a Home Equity Loan for Debt Consolidation
By Wasatch Peaks on October 26, 2023
4 min read
Certificate of Deposit Advantages and Disadvantages
By Wasatch Peaks on August 31, 2023
Certificates of deposit (CDs) can be an attractive investment option, offering many benefits such as fixed returns and higher interest rates than traditional savings accounts. However, there are a few potential downsides and it's essential to understand them fully before diving in.
6 min read
How Many IRAs Can You Have?
By Wasatch Peaks on August 29, 2023
Can you have more than one IRA? The short answer is yes, but the reasons you might want to do so are more complex. We take a look at why you might want to have more than one IRA account as well as some of the implications of doing so.