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| *Loan,banking and credit>>>credit line |
I'm planning to take out a home equity line of credit for home improvement.? |
I can get better terms with $200k vs $150k. If I'm conservative about my draw, is there any major disadvantages to securing a higher line of credit? Hi, There is no disadvantage as such. In fact it will boost your credit over a period of time if you are prompt on repayment. Checkout http://www.financialdeals.info for very useful tips on obtaining home equity line of credit for home improvement at ease. Good luck! Future access to credit . . . It may be hard to get additional financing with a higher line of credit. Better terms, but more total interest to pay. |
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