 TITLE: 5 Ways to Get Some Emergency Cash CONTENT: 4\\. Home Equity Line of Credit (HELOC)\n--------------------------------------\nA HELOC is a revolving line of credit that's secured by the equity you have in your home. If you already have one in place, accessing that credit line may be as simple as using the debit card tied to it or writing a check.\nHELOCs also typically offer interest rates in the single digits because they're secured by collateral. The downside is that if you don't already have one in place, a new HELOC can take several weeks to close, which may not be ideal for an emergency.\nAlso, some lenders may charge high closing costs, as well as annual fees. So be sure to shop around and compare these expenses before applying. Finally, one of the greatest risks of using a HELOC is that if you fail to pay back the debt, you could lose your home. Fortunately, they typically have long repayment terms, but it's still a risk to consider. END