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In Credit 101 Episode 103, the phenomenon of HELOC lending slowing during economic downturns is discussed. Here’s an overview of why this might occur: Risk Aversion: During economic downturns, lenders...
In Credit 101 Episode 102, the option of using a home equity loan or line of credit to pay off debt is explored. Here’s an overview of how you can approach this strategy: Understanding Home Equity:...
https://youtu.be/Mt4ttQw1rD8 In Episode 101 of Credit 101, the strategy of withdrawing or borrowing money from tax-deferred accounts to pay off debt is discussed. Here’s an overview of how you can...
In Episode 100 of Credit 101, one of the strategies discussed is selling smaller items to raise cash and keep costs low. Here’s how you can implement this approach effectively: Identify Items to...
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