A line of credit is an amount of money you can borrow from a bank or credit union on an ongoing basis. You can pay it back and reborrow it at any time. But it does typically come with some unique ...

Fun-loving and adventurous, with a passion for sales and technology, Trevor grew up in Ontario and received an Honours Bachelor of Business Administration (Economics) from Wilfrid Laurier University.

HELOCs allow flexible withdrawals similar to credit cards during the initial draw period. HELOC interest rates are usually variable, potentially increasing repayment costs. Unlike HELOCs, home equity ...