Booking a vacation to Bermuda vs. a new kitchen: Here's how some people misuse their home equity
September 19, 2018 at 10:17 AM EDT
Sure, you can use your home equity to cover a new kitchen or to help back up your rainy-day funds. But some people are just fine with using their abode to help meet monthly bills. Here's what you need to know about home equity loans and lines of credit.