{"id":10,"date":"2006-10-25T01:00:18","date_gmt":"2006-10-25T01:00:18","guid":{"rendered":"http:\/\/badcreditequityloan.com\/blog\/bad-credit-loan-line-vs-home-equity-should-you-get-a-loan-or-a-line-of-credit.html"},"modified":"2015-01-03T21:50:07","modified_gmt":"2015-01-03T21:50:07","slug":"bad-credit-loan-line-vs-home-equity-should-you-get-a-loan-or-a-line-of-credit","status":"publish","type":"post","link":"http:\/\/badcreditequityloan.com\/blog\/bad-credit-loan-line-vs-home-equity-should-you-get-a-loan-or-a-line-of-credit.html","title":{"rendered":"Bad credit loan line vs home equity | Should you get a loan or a line of credit?"},"content":{"rendered":"<h2>Home equity loan vs Home equity line of credit<\/h2>\n<p>Typically a home equity loan can be obtained in a lump sum or used as a revolving home equity line of credit.<\/p>\n<p>A home equity loan can be:<\/p>\n<ul>\n<li>A fixed rate mortgage<\/li>\n<li>An adjustable rate mortgage<\/li>\n<\/ul>\n<p>Homeowners who require more money in large amounts usually apply for a home equity loan. There are a few expenses that make a home equity loan useful:<\/p>\n<ul>\n<li>Debt consolidation<\/li>\n<li>Home repairs<\/li>\n<li>Medical bills<\/li>\n<li>College tuition for family members<\/li>\n<\/ul>\n<p><strong> Tax benefits <\/strong>A home equity loan is also beneficial because the home equity loan rate charged is usually tax deductible, as the loan is used for its primary functions. You can use a home equity loan calculator to check what various home equity loan rates will mean for your monthly payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home equity loan vs Home equity line of credit Typically a home equity loan can be obtained in a lump sum or used as a revolving home equity line of credit. A home equity loan can be: A fixed rate mortgage An adjustable rate mortgage Homeowners who require more money in large amounts usually apply for a home\u2026 <span class=\"read-more\"><a href=\"http:\/\/badcreditequityloan.com\/blog\/bad-credit-loan-line-vs-home-equity-should-you-get-a-loan-or-a-line-of-credit.html\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-10","post","type-post","status-publish","format-standard","hentry","category-2"],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/posts\/10","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/comments?post=10"}],"version-history":[{"count":1,"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/posts\/10\/revisions"}],"predecessor-version":[{"id":131,"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/posts\/10\/revisions\/131"}],"wp:attachment":[{"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/media?parent=10"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/categories?post=10"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/badcreditequityloan.com\/blog\/wp-json\/wp\/v2\/tags?post=10"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}