What is a prepayment penalty, and how does it apply to my personal financial?

What is a prepayment penalty, and how does it apply to my personal financial? Looking at a personal line of credit compared to a mortgage hinges on the amount of money you desire, when you need it, just in case and how you plan and also make your own monthly premiums. Good HELOC Might possibly be Best if: You don’t have a large amount of currency immediately Perfect for minor renovations, repaying student education loans, or school university fees You prefer the flexibleness of borrowing t...
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