Quote:
Originally Posted by Sly
$43k home equity loan should be around $300-400 monthly. Most likely much lower than what he was paying before for that and the car.
Paying off the car was an okay idea, paying off the house not so much. He most likely had a great interest rate and a nice tax deduction.
His biggest mistake was not consulting an accountant.
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THIS!   
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Mike South
It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz.
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