debt
Date: Sun, 10/25/2009 - 13:37
can you settle debt on a home equity line of credit
Quote:Originally Posted by Sal Vivianocan you settle debt on a
Quote:
Originally Posted by Sal Viviano can you settle debt on a home equity line of credit |
Yes, it can be done. Home equity loan can become an useful resource to get finances to pay off other obligations. However, the issue with it is that it'd tie the unsecured loans with the home.
just keep in mind now that you are securing your debt with your
just keep in mind now that you are securing your debt with your home when previously it was unsecured debt. know that you can make your payments. unless you are asking can you settle a debt consolidation loan, than i would say no because your home is collateral if you default they take your home
