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  • STKPICKR STKPICKR Apr 13, 2009 11:42 PM Flag

    bb@t tarp money

    You must have financed your business via a home equity line of credit. Banks are now increasing the credit line rates and decreasing the amount of credit available at the same time. Folks that have maximized his or her entire line are at risk of getting in trouble due to their line being reduced. Banks are justifying/assuming your home is worth less than when you applied. My guess is most all banks are no longer offering home equity lines at all.

 
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