An Equity card is a membership card issued by the Actors’ Equity Association (AEA), a labor union representing professional stage actors and stage managers in the United States. An Equity card signifies that the holder is a member of the union and is eligible to work on union-sanctioned productions. There are many benefits to having…
A home equity line of credit (HELOC) is a loan that allows you to borrow against the equity you have in your home. It’s a revolving line of credit, so you can borrow money as you need it, up to your credit limit. HELOCs can be a good way to finance home improvements, consolidate debt,…
Buying a car with negative equity means that you owe more on your current car than it is worth. This can happen if you financed your car for a high amount or if the value of your car has decreased since you bought it. If you are in this situation, you may be wondering if…
Shared equity is a government-backed scheme that helps first-time buyers and those with a low income to purchase a home. It involves buying a property with a mortgage from a lender and a loan from the government, which is secured against the property. The government loan is interest-free for the first five years, and after…
Negative equity occurs when the value of your home falls below the amount you owe on your mortgage. This can happen for a variety of reasons, such as a decline in the local housing market or a personal financial hardship. If you have negative equity, you may be at risk of foreclosure if you can’t…
A home equity loan is a loan that is secured by your home equity, which is the difference between the value of your home and the amount you owe on your mortgage. Home equity loans can be used for a variety of purposes, such as home improvements, debt consolidation, or education expenses. To apply for…
