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Tag Archives: home equity

Definition of Financial Acronym HELOC

Friday, January 2, 2009

HELOC is the acronym for Home Equity Line Of Credit. This is a more common home equity agreement than the HEL (Home Equity Loan) whereby the bank provides you with a line of credit based on the equity you have in your home. A HEL should not be confused with a HELOC.

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Bakersfield Auto Loan Part 2

Sunday, December 28, 2008

Continued from part 1
Kevin did is due diligence by the bank and ran the credit score numbers for both Mark and Shirley.  He discovered that Mark’s FICO score was 720 (very good) and Shirley’s FICO score was 685 (still good but damaged to some degree).
Kevin said that there were many factors involved when approving a [...]

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