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To: sgtbono2002
Mortagages that tie your home to credit card debt.

My thinking exactly. Why tie unsecured debt to your house?

78 posted on 08/31/2006 7:20:32 PM PDT by Smokin' Joe (How often God must weep at humans' folly.)
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To: Smokin' Joe

Plenty of reasons-

Lower Monthly Payments. Sometimes, people do dumb things. If you can reduce your monthly outgo $800, how is that a bad thing?

Tax Deductibility.

You already have the debt. Why not structure it in the lowest cost way you can?


83 posted on 08/31/2006 7:24:56 PM PDT by RockinRight (She rocks my world, and I rock her world.)
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