Finance
A Kansas home equity line of credit (HELOC) uses the homeowner's:
ASavings account as collateral
BEquity in the home as collateral for a revolving credit line✓ Correct
CPaycheck as the primary repayment source guaranteed by the state
DRetirement account as security
Explanation
A HELOC allows homeowners to borrow against the equity in their home on a revolving basis, up to an approved limit, using the property as collateral.
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