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« JLP’s Question of the Day | Main | I Opened An Account With GMAC Bank Today »

Refinancing a Home Equity Line of Credit (HELOC)

By JLP | May 1, 2006

Lisa over at Contentment is Wealth is debating whether or not to refinance her home equity line of credit (HELOC), which is an adjustable rate loan. She has done a great job breaking down the different consequences of possible choices. However, after it is all said and done, it looks like staying where she is at is the best choice. The main thing is she has a plan!

Topics: Credit | 2 Comments »


2 Responses to “Refinancing a Home Equity Line of Credit (HELOC)”

  1. Lisa Says:
    May 1st, 2006 at 7:28 pm

    Thanks for the mention, JLP! It was interesting running the numbers…I thought it would be a closer race between the alternatives, but it wasn’t. :)

  2. Steve Says:
    March 17th, 2008 at 12:51 am

    Lisa has done a good thing. It’s always easy to follow breakdown.

    Steve
    http://www.perfectmortgagelender.com/

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