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| 单词 | heloc |
| 释义 | HELOC in Finance (hilɒk) or Home Equity Line of Credit abbreviation (Finance: Mortgage) A HELOC is an additional loan secured by a residence as well as the original mortgage. Homeowners take out a HELOC as a method to consolidate debt. When a person takes out a HELOC loan and purchases something, this certainly adds to the money supply. A HELOC is an additional loan secured by a residence as well as the original mortgage. |
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