A home equity line of credit, on the other hand, means freeing up a portion of your equity to be
borrowed against whenever you'd like.
A LOC is fundamentally a credit limit a business can
borrow against whenever they need it, repay, and use again — often for a specified term.
The service gives you a piggy bank of capital which you can
borrow against whenever you want.
A LOC is fundamentally a credit limit a business can
borrow against whenever they need it, repay, and use again — often for a specified term.
Not exact matches
A fee that is charged
whenever you
borrow cash
against your credit.
A Home EquityLine of Credit from First Citizens allows you to
borrow against the equity you have built in your home providing you with fast and convenient access to funds
whenever you need it.
The funds are accessible
whenever you need them and are
borrowed against at a usually lucrative interest rate, as compared to conventional loans or other types of
borrowing options.