There Are Many Ways To Pay for a Home Remodel. Which Method Is Best?

That home-remodeling project may give you all the extra space you need. But how will you pay for it?

A survey conducted in February by San Diego-based LightStream, a national online consumer lender, found that 73% of high-income homeowners, defined as those with household incomes of more than $100,000, plan to use savings to pay for home-improvement projects, while 32% will use credit cards. The balance will secure a home-improvement loan. Many people tap more than one method to pay. But the best way to pay?

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