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by gregpilling
2883 days ago
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Same for Home Equity lines of credit. I had a friend who was a banker, he had planned on using a $100K HELOC to remodel his house. He was stunned when Chase dropped his Line from $100K to $5K. Killed that remodel. When I heard that, I maxed out my line of credit and stuck the money in a different bank. That choice got me through 2009. Glad I did it. |
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