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re: Secured LOCs: What is the point?
Posted on 2/12/16 at 7:51 am to RebelOP
Posted on 2/12/16 at 7:51 am to RebelOP
I'm not talking about something secured by equities or even a CD.....I'm talking about a savings account where there isn't even a liquidation event, just a withdrawal to tap the assets.
Where is the value in paying the bank a fee to utilize that asset rather than simply withdrawing?
Where is the value in paying the bank a fee to utilize that asset rather than simply withdrawing?
1
Posted on 2/12/16 at 8:12 am to Volvagia
quote:
Volvagia
Sounds like you need to get that credit score up a little hoss... then the mean, old banker won't make you pledge everything you own
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