You probably know that your credit score could affect your life in many ways — from the apartment you rent to the interest rate on your car loan.
But there are a few credit score myths that you — or your friends or family — may not know aren’t true. For example, marrying someone with bad credit won’t bring your own score down.
If you’re a homeowner, you have a powerful tool in your financial arsenal: the home equity loan.
Home equity loans allow some consumers to borrow a large amount of money relatively easily and cheaply. But they aren’t right for all situations. Here’s a bit more about how they work and when they’re a good option.