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· What does collection/charge off mean on a Home Equity line of credit House was sold after foreclosed on for more than what we owed on it. Mortgage and line of credit.
A home-equity loan, also known as an "equity loan," a home-equity installment loan or a second mortgage, is a type of consumer debt.It allows homeowners to borrow against their equity in the.
A home equity line of credit, also known as a HELOC, is a financial product that permits a homeowner to borrow against the equity in his or her homes. Deeper definition.
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