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Richard Shinnick » Comments » REM

  • The Economics of Second Liens [View article]
    Felix,

    It may very well be prudent to draw against your HELOC if you anticipate needing the money and are worried, but implying that people should do it because they will only have to pay back 10% is a little mis-leading don't you think? In fact, if you do it with the intent to only pay back 10% it may be fraud. Rethink that statement.
    Jan 20 12:57 pm |Rating: 0 0 |Link to Comment
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