October 26th, 2018
Opportunity alert! As you probably know, U.S. homeowners are sitting on the largest share of tappable equity in history, but why aren’t there more people actually tapping into it? A new report from Houzz and Synchrony Financial shows that over 33% of Americans are choosing to leave their equity put and use credit cards instead to do home improvements. The main reason behind this was found to be the quick access to cash through credit as opposed to a secured loan. You can read about the report here.
What can you do to show the benefits of using home equity to safely do home improvements without getting left behind in debt?