{"id":626322,"date":"2024-07-02T04:53:11","date_gmt":"2024-07-02T01:53:11","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/which-is-the-best-fit-for-your-financing\/"},"modified":"2024-07-02T04:53:11","modified_gmt":"2024-07-02T01:53:11","slug":"which-is-the-best-fit-for-your-financing","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/","title":{"rendered":"#Which is the best fit for your financing?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a27a7894f227\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a27a7894f227\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#How_personal_loans_work\" >How personal loans work<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#When_to_use_a_personal_loan\" >When to use a personal loan<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#When_to_avoid_personal_loans\" >When to avoid personal loans<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#%E2%9C%85_Benefits_of_a_personal_loan\" >\u2705 Benefits of a personal loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#%E2%9D%8C_Drawbacks_of_a_personal_loan\" >\u274c Drawbacks of a personal loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#How_home_equity_loans_work\" >How home equity loans work<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#%F0%9F%94%8D_How_to_calculate_your_home_equity_loan_amount\" >\ud83d\udd0d How to calculate your home equity loan amount<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#When_to_use_a_home_equity_loan\" >When to use a home equity loan<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#When_to_avoid_home_equity_loans\" >When to avoid home equity loans<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#%E2%9C%85_Benefits_of_home_equity_loans\" >\u2705 Benefits of home equity loans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#%E2%9D%8C_Drawbacks_of_a_home_equity_loan\" >\u274c Drawbacks of a home equity loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#%F0%9F%93%9D_Personal_loans_vs_home_equity_loans_How_to_find_the_best_fit_for_your_needs\" >\ud83d\udcdd Personal loans vs. home equity loans: How to find the best fit for your needs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#Alternatives_for_unpredictable_expenses\" >Alternatives for unpredictable expenses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#Sources\" >Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-the-best-fit-for-your-financing\/#About_the_writer\" >About the writer<\/a><\/li><\/ul><\/nav><\/div>\n<div>Personal loans and home equity loans are popular ways to fund home improvement projects, debt consolidation and other large fixed expenses. <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a>ly, home equity loans are larger and come with lower interest rates and monthly costs than a personal loan. Your interest payments are also tax-deductible if you use funds to buy, build or otherwise significantly improve a home.<\/p>\n<p>However, the lack of collateral on a personal loan could make it an attractive choice if you need money quickly or expect a change in your financial situation over the next decade. Unlike a home equity loan, you can get your personal loan funds within a few days and won\u2019t risk losing your home if you miss a payment.<\/p>\n<p>For some borrowers, neither option is ideal \u2014 especially if you don\u2019t know how much you need to borrow. If that\u2019s the case, consider alternatives that give you access to a credit limit rather than a fixed sum, such as a credit card or personal line of credit.<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"how-personal-loans-work\"><span class=\"ez-toc-section\" id=\"How_personal_loans_work\"><\/span>How personal loans work<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Personal loans work by giving you a lump sum of funds to spend on a personal expense, which you repay along with interest and fees. Generally, you can borrow up to $50,000 with two to seven years to pay it back. However, some lenders offer as much as $100,000 and terms as long as 10 years. Shorter terms mean that you\u2019ll save on interest, but at a potentially higher monthly cost when compared to home equity loans.<\/p>\n<p>Personal loans come with fixed interest rates that range from around 8% to 36%, though the average rate is around 12% to 16%. These rates are fixed, which means that the rate you receive is the rate you\u2019ll pay for the duration of the loan. In addition to interest, some lenders also charge an origination fee of up to 6% of the loan amount, which it either deducts from or adds to the loan balance before you receive the funds. Other than that, the only fees you might pay are related to missed or late payments.<\/p>\n<p>Though there are exceptions, personal loans are typically unsecured, which means that you won\u2019t risk losing a personal asset if you can\u2019t repay the loan. Your loan amount, repayment term and rate are typically based on factors like your credit score and debt-to-income ratio \u2014 rather than the value of a specific personal asset.<\/p>\n<p><strong>Dig deeper:<\/strong> What is a personal loan? How it works \u2014 and what to know before you <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ly<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"when-to-use-a-personal-loan\"><span class=\"ez-toc-section\" id=\"When_to_use_a_personal_loan\"><\/span>When to use a personal loan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A personal loan is most useful when you need funds to pay for something too big to put on a credit card but might not require another lien on your home \u2014 like a small home renovation. Another common way to use a personal loan is to consolidate debt. This involves using the loan funds to pay down or pay off credit cards and other high-interest debt, which you then repay at a lower interest rate.<\/p>\n<p>Personal loans can also be useful when you need funds sooner than later. In some cases, lenders can send the funds to your bank account as soon as the next day. If you apply with your bank, you may even be able to receive the funds sooner, since you won\u2019t have to wait for it to wire the funds to your bank account.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"when-to-avoid-personal-loans\"><span class=\"ez-toc-section\" id=\"When_to_avoid_personal_loans\"><\/span>When to avoid personal loans<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Since personal loans are unsecured, they\u2019re generally more expensive and more difficult to qualify for than a home equity loan. While there are personal loan options available to borrowers with fair or poor credit \u2014 a credit score below around 670 \u2014 you might struggle to get approved for a competitive rate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E2%9C%85_Benefits_of_a_personal_loan\"><\/span>\u2705 Benefits of a personal loan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>No collateral required<\/p>\n<\/li>\n<li>\n<p>You can borrow as little as $2,000<\/p>\n<\/li>\n<li>\n<p>Few or no fees<\/p>\n<\/li>\n<li>\n<p>Slightly lower credit requirements than home equity loans<\/p>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"%E2%9D%8C_Drawbacks_of_a_personal_loan\"><\/span>\u274c Drawbacks of a personal loan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Higher interest rates than a home equity loan<\/p>\n<\/li>\n<li>\n<p>Narrow range of loan terms<\/p>\n<\/li>\n<li>\n<p>Potentially high monthly payments on large loan amounts<\/p>\n<\/li>\n<li>\n<p>Not ideal for projects with unpredictable costs<\/p>\n<\/li>\n<\/ul>\n<h2 class=\"caas-jump-link-heading\" id=\"how-home-equity-loans-work\"><span class=\"ez-toc-section\" id=\"How_home_equity_loans_work\"><\/span>How home equity loans work<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Home equity loans work a lot like personal loans with a few key differences. In exchange for backing your loan with collateral, you can receive lower rates, larger loan amounts and longer terms than you would with a personal loan. This often translates into a lower monthly cost \u2014 though there\u2019s a risk of increasing the total cost of the loan by choosing a term that\u2019s too long.<\/p>\n<p>How much you can borrow depends on how much equity you have in your home. Most lenders offer up to 85% of your home equity. Because home equity loan amounts can be so high, many lenders offer a wider range of terms than they would on a personal loan \u2014 as long as 30 years, in some cases. Home equity loans also typically have lower rates than personal loans, partly because the collateral (in this case, your home) offsets the risk to the lender.<\/p>\n<p>While rates are fixed, the rate lenders offer tends to vary depending on the prime rate. Currently, the average interest rate on a home equity loan is around 8.5% \u2014 several percentage points lower than the average personal loan rate. On top of rates, you may need to pay to have your home appraised, and you\u2019ll likely also pay a closing fee. Since appraisal is an important part of this process, the application can take weeks or longer for approval.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"%F0%9F%94%8D_How_to_calculate_your_home_equity_loan_amount\"><\/span><strong>\ud83d\udd0d <\/strong>How to calculate your home equity loan amount<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You can get a rough estimate of how much you\u2019d be able to borrow by subtracting your current mortgage balance from the appraised value of your home. You can then multiply the result by a loan-to-value ratio \u2014 or LTV \u2014 that your lender offers.<\/p>\n<p>Say an appraiser values your home at $350,000. You\u2019re still paying off a mortgage on that home, which has a balance of $100,000. If you subtract $100,000 from $350,000, you get $250,000 \u2014 this is your home equity. Since most lenders offer around 85%, the maximum you\u2019d be able to borrow with most lenders is around $212,500.<\/p>\n<p>This example is typical of what you might see as a borrower: The average borrower had access to about $260,000 in equity, according to the latest Intercontinental Exchange Mortgage Monitor Report.<\/p>\n<p><strong>Dig deeper: <\/strong>4 ways to get equity out of your home<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"when-to-use-a-home-equity-loan\"><span class=\"ez-toc-section\" id=\"When_to_use_a_home_equity_loan\"><\/span>When to use a home equity loan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A home equity loan can be great for covering the cost of larger projects, like a home renovation to improve your property\u2019s worth. As with a personal loan, home equity loans are paid out as a one-time sum, and so are a good fit for when you know how much you need. They\u2019re a particularly popular way to fund home improvement projects because, in some cases, the interest you pay is tax-deductible if you use the funds to \u201cbuy, build or substantially improve your home,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/www.irs.gov\/publications\/p936\" data-ylk=\"slk:according to the IRS;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link rapid-noclick-resp\">according to the IRS<\/a>.<\/p>\n<p>Because home equity loans attract lower rates than personal loans, some people like to use them to cover large personal expenses, such as helping to pay for a kid\u2019s or loved one\u2019s college tuition when student loans and scholarships aren\u2019t enough to foot the bill. Others use these loans to consolidate higher-interest debts into one payment.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"when-to-avoid-home-equity-loans\"><span class=\"ez-toc-section\" id=\"When_to_avoid_home_equity_loans\"><\/span>When to avoid home equity loans<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Using your home equity isn\u2019t the best idea if your financial circumstances during the loan will be difficult to predict. You should also take caution when considering tapping your home\u2019s worth for shopping, a vacation or other nonessential spending.<\/p>\n<p>Remember: While a home equity loan might be less expensive than a personal loan, home equity loans also carry more risk. If you don\u2019t repay the funds, you could lose your home.<\/p>\n<p>If there\u2019s a chance you\u2019ll sell your house before your term is up, look elsewhere for financing, as an existing home equity loan can complicate the selling process.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E2%9C%85_Benefits_of_home_equity_loans\"><\/span><strong>\u2705 <\/strong>Benefits of home equity loans<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Rates are often lower than those for a personal loan<\/p>\n<\/li>\n<li>\n<p>You can borrow $100,000 or more<\/p>\n<\/li>\n<li>\n<p>Potentially low monthly costs<\/p>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"%E2%9D%8C_Drawbacks_of_a_home_equity_loan\"><\/span><strong>\u274c <\/strong>Drawbacks of a home equity loan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>If you can\u2019t repay your loan, you risk losing your home<\/p>\n<\/li>\n<li>\n<p>The application process can take weeks<\/p>\n<\/li>\n<li>\n<p>A home equity loan complicates any future home sale during repayment<\/p>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"%F0%9F%93%9D_Personal_loans_vs_home_equity_loans_How_to_find_the_best_fit_for_your_needs\"><\/span>\ud83d\udcdd Personal loans vs. home equity loans: How to find the best fit for your needs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you\u2019re not sure whether a personal loan or a home equity loan is best for your project or circumstances, ask yourself these general questions to narrow down your options:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><strong>How much do I need to borrow?<\/strong> If you need more than $50,000, a home equity loan is a better option. Not sure how much you\u2019ll need? Consider an alternative for unpredictable expenses.<\/p>\n<\/li>\n<li>\n<p><strong>What is my credit score?<\/strong> Personal loan and home equity loan providers have similar credit requirements, and neither are a great option for poor credit. But generally, it\u2019s easier to get approved for a secured loan than an unsecured loan.<\/p>\n<\/li>\n<li>\n<p><strong>How much can I afford to pay each month?<\/strong> The short terms on personal loans can eat into your monthly budget, especially if you\u2019re applying for a loan close to $50,000 or $100,000.<\/p>\n<\/li>\n<li>\n<p><strong>When do I need the money?<\/strong> Personal loans are often a better choice if you\u2019re in a time crunch and can\u2019t wait weeks to get approved.<\/p>\n<\/li>\n<li>\n<p><strong>How much equity do I have?<\/strong> Home equity loans are typically more favorable to folks who have paid off most or all of their mortgage. However, the more debt you carry, the harder it is to be approved for either type of financing.<\/p>\n<\/li>\n<li>\n<p><strong>What is the loan for? <\/strong>If you\u2019re funding a home improvement project and still not sure which is best, consult a tax expert to learn if the interest payments are tax-deductible.<\/p>\n<\/li>\n<\/ul>\n<h2 class=\"caas-jump-link-heading\" id=\"alternatives-for-unpredictable-expenses\"><span class=\"ez-toc-section\" id=\"Alternatives_for_unpredictable_expenses\"><\/span>Alternatives for unpredictable expenses<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Personal loans and home equity loans both require you to have an idea of how much you\u2019ll need to borrow when you apply. If you can\u2019t predict exactly how much you need ahead of time, consider one of these alternatives:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><strong>Home equity lines of credit <\/strong>\u2014 more commonly called HELOCs \u2014 use home equity as collateral but give you access to a credit limit, rather than one fixed sum. You can draw funds as needed for around 10 years for your project and then repay what you borrowed once the draw period is closed.<\/p>\n<\/li>\n<li>\n<p><strong>Credit cards<\/strong> may be the simplest option for smaller expenses \u2014 especially if you can repay the borrowed amount within a month or two. If you have good credit, a new credit card with a 0% APR promotional period may be a less expensive financing option for amounts you can repay within 12 to 18 months.<\/p>\n<\/li>\n<li>\n<p><strong>Personal lines of credit<\/strong> also give you access to a credit limit that you can withdraw from as needed, without requiring collateral. Credit limits are typically higher than credit cards and give you the option to pay in cash, rather than credit.<\/p>\n<\/li>\n<\/ul>\n<h2 class=\"caas-jump-link-heading\" id=\"sources\"><span class=\"ez-toc-section\" id=\"Sources\"><\/span>Sources<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2 class=\"caas-jump-link-heading\" id=\"about-the-writer\"><span class=\"ez-toc-section\" id=\"About_the_writer\"><\/span>About the writer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Anna Serio-Ali is a trusted personal finance expert who specializes in consumer and business financing. A former certified commercial loan officer, Anna&#8217;s written and edited more than a thousand articles to help Americans strengthen their financial literacy. Her expertise and analysis on personal, student, business and car loans has been featured in Business Insider, CNBC, Nasdaq and ValueWalk, among other publications, and she earned an Expert Contributor in Finance badge from review site Best Company in 2020 for her work at Finder.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.aol.com\/finance\/personal-loan-vs-home-equity-loan-015311390.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Personal loans and home equity loans are popular ways to fund home improvement projects, debt consolidation and other large fixed expenses. Generally, home equity loans are larger and come with lower interest rates and monthly costs than a personal loan. Your interest payments are also tax-deductible if you use funds to buy, build or otherwise&#8230;<\/p>\n","protected":false},"author":1,"featured_media":626323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/Rgffn9WKopxKy76qgumWJQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-07\/8e626920-37e4-11ef-bd76-e7d689d97ed9","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-626322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/626322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=626322"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/626322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/626323"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=626322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=626322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=626322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}