Helocs offer more flexibility, but personal loans have looser eligibility requirements ...

Wells Fargo is closing all of its existing personal lines of credit, sparking outrage from consumers and advocates. A spokesperson for the bank said Wells Fargo made the decision last year as part of ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

When you need to borrow money, you have a few different options, including personal loans and lines of credit. A personal line of credit is an open-ended loan that lets you access money when you need ...

Wells Fargo & Co. has reversed course this week on plans to eliminate certain personal lines of credit products. The bank confirmed July 8 multiple media reports that it was ending the customer ...

Personal loans may be seen as a last resort for covering large expenses or consolidating debt, but they can actually be a helpful financial tool. They offer lower interest rates than credit cards and ...

Both a line of credit and a credit card are types of revolving credit where you can borrow up to a certain amount and only pay interest on what you borrow. A line of credit typically has a lower APR ...

Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has learned. The bank is shutting down all existing personal lines of credit in coming weeks and no ...

Wells Fargo customers have begun receiving notifications that their personal line of credit accounts will close, and the company confirmed this month that it will no longer offer the product. Once the ...

Decide whether a home equity loan or line of credit is best suited for your financial goals ...

Securing a loan with a 500 credit score may be challenging, but that doesn't mean every lending door is closed. Though more difficult, borrowing money is possible even with a low credit score.

Choosing one over the other depends on why you need the funds Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital ...