Partner Colorado Blog

Is it a Good Idea to Open a HELOC?

woman looking at laptop

If you’re looking for some extra cash to use for a home improvement project, your child’s college education or if the economic effect of COVID-19 has left you in need of cash, consider tapping into your home’s equity. One great way to do this is by opening a Home Equity Line of Credit (HELOC). Let’s take a closer look at HELOCs and why they can be an excellent option for homeowners in today’s financial climate.

Feeling Stuck in Your Auto Loan?

hand typing on a keyboard

Some bills can’t be changed. For other bills, though, a little legwork can make a big difference in your monthly payment. Your car loan payment is a great example. Refinancing your auto loan can lead to a lower monthly payment, a shorter payment term or both. It depends on various factors, including the value of your vehicle, how much you owe and your credit standing. Here are three common life changes that might mean it’s a good time to refinance your auto loan.