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What Should I Do With My Home's Equity?Home equity loans are a cheap way to get cash, but there are many things you should never use them for, like buying a car, investing, or paying for college. A home equity loan allows you to use the value of your house to get cash for anything, from funding home renovations to consolidating debt to paying for. What can you use a HELOC for? Find out how to use the equity in your home for renovations, debt consolidation or other big ticket and unexpected expenses.
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