Schwab Offers HELOCs for Hurricane Relief

Charles Schwab Bank, San Francisco, has announced that it has made its home equity line of credit disaster relief program available to assist families and individuals affected by Hurricane Frances.The relief program offers up to $25,000 as a new HELOC or as an increase to an existing one, the company said. The HELOC is available on a primary or a secondary residence, including residences that have sustained storm damage that would normally disqualify the property for such a credit line, Charles Schwab said. The same program is being offered to victims of Hurricane Charley. The company can be found on the Web at http://www.schwab.com.