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Reply #162: Home equity credit is an available option [View All]

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Home » Discuss » Archives » General Discussion (Through 2005)

Walt Starr

(1000+ posts) Send PM | Profile | Ignore

Fri Mar-04-05 05:10 PM
Response to Reply #160

162. Home equity credit is an available option

and open home equity lines of credit are available as a credit card which you don't have to use. The interest is deductible just like mortgage interest.

If you can, make a home equity line of credit your one and only credit card that you use only in case of emergencies. In most cases, you'll have a credit line equal to your entire home equity.

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