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› People › Clay Jarvis
Person · entity profile
Clay Jarvis
1
source-backed fact
1 publication
Finance
finance · Evening Standard
Clay Jarvis said that borrowing against equity via a HELOC typically costs 5.5% interest, compared to 21% on credit cards.
“you’re generally better off paying 5.5 per cent to borrow against your equity than filling the gaps with a credit card that charges 21 per cent.”
5.5 percent
21 percent
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