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credit-and-loans

Comparing the Benefits and Drawbacks of HELOCs and Home Equity Loans

A Home Equity Line of Credit (HELOC) and a home equity loan are two financial products that let homeowners borrow against their home’s equity. Both involve using your property as collateral and offer unique features, advantages, and drawbacks. Choosing between the two comes down to your financial goals and what works best for your situation. …

banking

Scottrade Security Breach Puts Client Data at Risk

Scottrade, a well-known investment company, recently experienced a series of online attacks resulting in a major data breach. During this breach, information from 4.6 million clients was compromised. This mainly affected customers who signed up for a Scottrade brokerage account before February 2014. Hackers gained access to a large database containing information about Scottrade’s clients. …