Home equity lines of credit are being tapped out to pay off out-of-control credit card debt. And banks aren't lending. The credit crisis has tamped down FICO scores at the same time banks are raising FICO credit score requirements. Two years ago, you could consolidate your loans with a home consolidation loan in a snap; today, it might take months to get your home refinanced to pay off credit card balances.
Check out simple tips to consolidate what you owe at:
http://www.Pay-Off-Debts.com
7/8/09
Home equity lines of credit
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