BANKS make money primarily by charging interest on loans. Consumers should, however, pay careful attention to their loan portfolios. For the past two weeks I have highlighted the relevance of debt management, and this week the spotlight is on the pros and cons of home equity loans and how these types of loans impact homeowners, particularly retirees.

https://www.jamaicaobserver.com/2024/03/17/retirees-careful-risks-home-equity-loans/