HELOC scams / predatory stuff to look out for?
December 22, 2021 12:05 PM Subscribe
We're signing a HELOC later today. Obviously I'm on the lookout for getting over-extended. But aside from that, are there things to look out for? We're getting it from a legit bank (PenFed); we called them first on the recommendation of a few people. But I remember stories from 2009 about predatory loan behavior and want to know if there's a good list of what to look for as I read the documents today. Thanks!