Latest blog posts

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  DebtWhat are the types of bad loans?

  So what are bad debts? Any debt that you cannot repay is considered bad debt. Bad debts are also ones that do not contribute to your net worth or depreciate in value over time.

  

  Barron Ernst, Head of Product  article author

  January 11, 2023
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  Home EquityWhy a HELOC Makes Financial Sense

  A HELOC is a form of revolving credit that is secured against your home. It works very much like a credit card that allows you to repeatedly borrow money for any purpose at a relatively low-interest rate

  

  Alysse Guitar, Director of Growth  article author

  January 3, 2023
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  Home EquityHELOC vs. Home Equity Loan: Pros and Cons

  Both home equity loans and HELOCs use your home as collateral. If you default on your payments, the lender will be legally entitled to foreclose on your home. However, there are significant differences between the two.

  

  Hannah Friedman, Sr. Content Manager  article author

  December 26, 2022
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  Home Equity5 things you can pay for with Figure’s HELOC

  A HELOC can help you use the equity from your home to finance major purchases.

  

  Alysse Guitar, Director of Growth  article author

  November 4, 2022
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  Home ImprovementIs it better to buy a new house or remodel an existing one?

  Renovating your home may appear easier and more cost-effective than buying a new house, but it isn’t always the right decision and home improvements can also become costly.

  

  Hannah Friedman, Sr. Content Manager  article author

  November 2, 2022
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  Home EquityWhy your equity is the best cash in your pocket

  Home equity can be a powerful tool when you need access to cash, especially if you know how to use home equity to open access to cash quickly.

  

  Figure Technology Solutions, Inc. Editorial Team  article author

  October 5, 2022
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  Home EquityThe pros and cons of a home equity line of credit

  Life's big expenses, like home remodeling and home repair, can be, well, big. For people who have equity in their home, a home equity line of credit/home-equity-line (HELOC) can help make these investments manageable. But before you sign up for a HELOC, here are some things to keep in mind:

  

  Barron Ernst, Head of Product  article author

  September 30, 2022