Thread: high limit credit cards?? buy a car??
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Old 08-24-2007, 09:15 AM  
JMM
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Join Date: Apr 2001
Posts: 1,755
Quote:
Originally Posted by evildick View Post
It was the line of credit, secured by my house. Not a credit card.
Completely different animal. And, using a line of credit secured by your house actually makes sense, since the interest is tax deductible.
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