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HELOC vs. Home Equity Loan
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Been thinking about setting something up as kind of a safety net, you know, in case something unexpected pops up. But I'm kinda stuck between a home equity loan or a HELOC. Home equity loan seems straightforward—one lump sum, fixed payments—but HELOC feels more flexible, kinda like having a credit card for your house. Anyone here have experience with either? Curious which one you'd lean toward and why.