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Posted on 2/1/13 at 1:37 pm to hen
quote:
You can't pay secured debt with unsecured debt.
Sure you can, if the contract allows it. It's just that mortgage contracts don't.
And there's absolutely nothing stopping you from taking a cash advance on a credit card to put money in your checking account, and using that to pay the secured debt. May not be smart, but it's possible.
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