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Banks Working With HELOC Borrowers To Prevent Potential Loan-Default … – The Consumerist

loans - Google News Dec 30th, 2013 Loans.



Banks Working With HELOC Borrowers To Prevent Potential Loan-Default ...
The Consumerist
The trick is that most HELOC loans gave a ten-year draw period, followed by a twenty year repayment period–and we're about to hit the end of that initial ten-year period for HELOCs issued during the housing boom. As the Wall Street Journal reports [it ...

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