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Use inheritance to pay off credit card debt, not mortgage – Los Angeles Times



Use inheritance to pay off credit card debt, not mortgage
Los Angeles Times
Dear Liz: I will be inheriting around $300,000 over the next year. My instincts are to pay down debt with this money. I have two homes and for practical reasons need to keep them. One home has a $260,000 mortgage balance at 5%. The other has a $130,000 ...

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