With the abundance of time spent at home this past year, homeowners have realized all of the hidden potential. Whether you’re opting to do room-by-room upgrades or expand an outdoor living space, you’re likely wondering if there is a way to finance such an expense? According to Colleen McCreary, chief people officer at Credit Karma, this is possible with a loan. However, how do you tell which loan is right for your home improvement? McCreary says that homeowners have three loan options: a home equity loan, a home equity line of credit, and or a personal loan. Here’s how to decide which one is right for you.
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