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Home Equity Line Of Credit Vs Credit Card [Video]

Financial Literacy

Home Equity Line Of Credit Vs Credit Card

Home equity line of credit and credit cards allow you to borrow money up to a maximum limit, pay it back, and then borrow again. But how are the two concepts of credit work? In this video, I am going to talk about the home equity line of credit and credit cards.

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The Financial Literacy You and Your Family Need to Create Generational Wealth

Watch And Enjoy!
Loral Langemeier

Key Moments In This Episode
00:00 Intro & Summary
00:32 What Is A Line Of Credit And Its Use
01:16 What Can Be Your Purpose In Getting A Line Of Credit
02:03 Why Can’t You Get A Credit Card
02:22 How Can You Solve The Problem In Application For A Credit Card
02:47 What Is The Difference Of A Line Of Credit From A Credit Card In Terms Of Expense
03:09 Why Proof Of Income Is Needed
03:28 How Can You Get A Credit Card
04:00 How Can You Properly Use Your Credit Card
04:19 What Many People Want About Their Financial Life
05:03 How Much Can You Earn From A Line Of Credit And A Credit Card
05:30 What Home Equity Line Of Credit Offers To Homeowners
05:41 What Is The Difference Between A HELOC And A Line Of Credit Or Credit Card
06:45 How Can You Do Well In Your Line Of Credit
07:18 How To Prove Yourself That You Are Qualified For A Line Of Credit
08:16 How Do You Use Your Line Of Credit, Credit Card, Or HELOC
08:40 What Should You Do And Where Can You Go Now

What To Watch Next
What To Invest In To Become A Millionaire

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About Loral Langemeier
Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and Five Time New York Times best-selling author who is on a relentless mission to change the conversation about money and empower people around the world to become millionaires.

Loral’s straight talk electrifies audiences and inspires powerful action from live stages and television programs ranging from CNN, CNBC, The Street TV, Fox News Channel, Fox Business Channel-America’s Nightly Scoreboard, The Dr. Phil Show and The View. She is a regular guest-host on The Circle in Australia and has been featured in articles in USA Today, The Wall Street Journal, The New York Times, Forbes Magazine and was the breakout star in the film The Secret.

Anything seen or heard here should not be viewed as an offer to buy or sell a security. Educational resources are provided for general information purposes only and should not be considered an individualized recommendation or advice. This is not an offering or the solicitation of an offer to purchase an interest in any investment vehicle. Any such offer or solicitation will only be made to qualified investors by means of an offering memorandum and only in those jurisdictions where permitted by law. The target returns set forth within all offerings may not be realized; actual results may differ materially from the stated goals. Prior to investing, investors must receive a prospectus, which contains important information regarding the investment objectives, risks, fees, and expenses of any funds and/or other investment opportunities. Past performance is no guarantee of future results. All investments involve risk, including the loss of principal invested.


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