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HELOC vs. Home Equity Loan: How to Decide

Author
By Matt Carter

Written by

Matt Carter

Freelance writer

Matt Carter has covered mortgages and student loans for over 20 years. He has provided his financial insight to CNBC, CNN Money, The New York Times, The Wall Street Journal, and The Washington Post.

Edited by Reina Marszalek

Written by

Reina Marszalek

Senior editor

Reina Marszalek has over 10 years of experience in personal finance and is a senior mortgage editor at Credible.

Updated November 18, 2024

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to here as “Credible.”

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