- budget
home remodeling spending amounts
- avoid
exposing your equity account to
fraud
- avoid
access credit line charges
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- manage
your account online
- use
where credit cards are accepted
- use
the card for other living expenses
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| User gets a prepaid card for themself or other (approval guaranteed). User adds spending money from the equity line to the card. |
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User or other uses card
to buy home supplies, home decor and
other home improvement
items at any merchant that accepts MC/VISA
cards. |
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User can monitor
pre-paid account electronically for budgeting purposes.
Pre-paid cards can help you maintain a spending budget. |
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| User or other can reload the card with additional spending funds as needed. |
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| Using pre-paid credit cards can protect the home equity credit line from mis-use and fraud since the money card is independent of the equity line. |
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| Using pre-paid cards can avoid cost overruns and help budget spending amounts for other life needs such as food, gas, etc. |
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