Sentences with phrase «tap less credit»

Not exact matches

Those already in retirement who can't qualify for a line of credit may need to consider a reverse mortgage, which is another way to tap your home equity, albeit likely at a higher interest rate and with less flexibility.

But it will nevertheless come with two negative effects on economic growth: Consumers will have less equity to tap through their equity lines of credit, and they'll feel less wealthy based on their unrealized gain, both of which will inhibit their spending.