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The benefits of leveraging is that leveraging is the process of using borrowed money to make money. The risk comes into effect if you lose the money; you are losing money that you do not have.

The benefits of leveraging is that leveraging is the process of using borrowed money to make money. The risk comes into effect if you lose the money; you are losing money that you do not have.

"There's always more going on with credit than the money that it provides for spending. Anytime you borrow money it will have an impact on your credit profile, and that will include your credit score. And you will want to build your credit score while you are still in school because it will give you a leg up when you get out."

For many people, a home equity line of credit is an easy way to fall into a debt trap.  Be cautious.  Don't use a HELOC to continue increasing your debt load or to support a gap between your income and expenses.