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FIRST ALLIANCE BLOG

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Loans & Credit (4)

Home Equity Loan vs. HELOC: What's the Difference?

4 min read

Home Equity Loan vs. HELOC: What's the Difference?

Before using your home as collateral to get cash, it’s crucial to understand the difference between a Home Equity Loan (HEL) and a Home Equity Line...

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Understanding HELOC Interest Rates & How They Work

3 min read

Understanding HELOC Interest Rates & How They Work

If you're new to the world of home financing and have built some equity in your home, you might be considering a Home Equity Line of Credit (HELOC)...

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How to Estimate HELOC Payments - Parents holding their kids

4 min read

How to Estimate HELOC Payments

A Home Equity Line of Credit (HELOC) is a flexible financial tool that allows you to borrow against the equity in your home. Understanding how to...

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Understanding HELOC Terminology

4 min read

Understanding HELOC Terminology: A Simple Guide for Young Adults

Navigating the world of home loans and lines of credit can feel overwhelming, especially when you're just starting out. That's why understanding key...

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Recreation Boating - Feature

6 min read

Recreation Boating: How to Afford It and Get a Loan

Recreational boating is a dream for many Minnesotans who yearn to enjoy the open water with friends and family. However, affording a boat,...

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7 min read

Understanding How Home Equity is Calculated and How to Build It

Building equity in your home is a crucial financial strategy, especially for those just starting out. Let’s dive into what home equity is, how you...

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How to Use a HELOC for Second Home Purchases - Feature

5 min read

How to Use a HELOC for Second Home Purchases

For many young adults, the idea of buying a second home or investing in property is a good idea but might seem out of reach. However, a Home Equity...

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The Ultimate Guide to Balance Transfer Credit Cards for Young Adults - girl holding a balance transfer card

5 min read

The Ultimate Guide to Balance Transfer Credit Cards

Managing credit card debt can be challenging, especially if you're juggling multiple high-interest accounts. Whether you have a significant amount of...

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Business Credit Cards 101 - Feature - man using a business credit card

5 min read

Business Credit Cards 101: Understanding the Basics

Are you starting a small business or thinking about managing your business expenses better? You might have heard about business credit cards, but how...

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Demystifying Credit Card Terminology

5 min read

Demystifying Credit Card Terminologies: A Guide for Young Adults

Credit cards can seem pretty daunting with all the terms and conditions they come with. Whether you're fresh out of high school, navigating your...

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