Marc's Mortgage Matter's

Here is an article from yesterday Sunday New York Times regarding lines of credit that lenders have suspended or froze regardless of credit or income! Which means simply if you used up the whole line you have nothing to worry about ;) , just keep making monthly payments on time.

However if you have an open line of credit in case of emergency, rainy day, biz, or a zillion other reasons then you need to be aware this can happen to you too. I have some ideas for you if this sounds like it's you - call me!

 

NYT HELOC OUCH.pdf 

 

 


Posted by Marc (Moshe) Preger on April 14th, 2008 11:53 AMPost a Comment (0)

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