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Should I be concerned about my equity line of credit?
These are time bombs and the laws favor the banks. There is a little known clause which exists only with equity lines. Banks can call you up and tell you to pay off your line or they can just lower the line amount. Equity lines have become money losers and the banks are "cleaning" them out. Don't be caught without access to your money in your equity account. Be prepared with a free mortgage checkup to discuss your options.
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