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Home Equity
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Uses Of Home Equity Loan and Credit Line - Medical Expenses
An equity loan can be a godsend if you are hit with thousands of dollars in medical bills.
There's a flaw though in using equity debt to pay for medical care. You are at the mercy of the creditors should you eventually have to declare bankruptcy.
Read Chapter 7 Bankruptcy.
Read Wise Use of Home Equity.
 
Other common reasons are;
 
     
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