This post is based on a true story, with details changed for privacy.
When my roof started leaking in the middle of a snowstorm, I panicked. Every contractor quoted me over $25,000 to get it fixed and I had less than $2,000 in my savings account. I considered swiping a credit card, but the idea of 25% interest made my stomach turn.
"I felt completely stuck. My house was falling apart and I had no way to afford repairs."
None of it made sense. Until I found a better option.
I saw an ad for Upstart’s HELOC while scrolling Facebook. I’d heard the term before but never really looked into it. Turns out, a HELOC (Home Equity Line of Credit) lets you borrow against your home’s equity without replacing your entire mortgage.
Upstart made the process surprisingly simple. I:
And best of all: the interest rate was way lower than a credit card.
"With a HELOC, I finally felt like I could handle homeownership again."
If you’re a homeowner and you’re drowning in repair costs, don’t panic. Don’t reach for a high-interest card. Don’t let a bank convince you to refinance your entire home.
Instead, check if a HELOC fits your needs. With Upstart, the process is clear, fast, and tailored to your financial picture—not just your credit score.