What are the benefits of a home equity loan?

February 3, 2009 by Debt Equity Financing  
Filed under Home Equity

Can you answer cheerful2’s question about Equity?:

What are some benefits of a home equity loan? How does it work? Whats a good interest rate for someone with OK credit? My is good, but my husbands is fair. We are planning on consolidating high interest cards and possibly using sometowards a newer vehicle.

Reverse Equity Mortgage