Tuesday, 04 August 2026 · World
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EUROS The World Financial Report
Nº 24 Tuesday, 04 August 2026 · World Edition
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Bank of America names HELOC risk homeowners should know

TST (Full) - (Official Feed) · 1h ago
Bank of America names HELOC risk homeowners should know

Home equity lines of credit are surging in popularity, and the biggest risk has nothing to do with interest rates or monthly payments. Using a HELOC to consolidate debt means "turning unsecured debt into secured debt," Bank of America warned on its Better Money Habits resource page. This shift puts ...

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