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• Warning: Your HELOC may evaporate when you need it

  Posted May 28 2008, 06:09 AM by Karen Datko
  Filed under: Housing, Banking, Emergency, The Dough Roller
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  This post comes from partner blog The Dough Roller.

  I'm a "Seinfeld" fan, and I'm reminded of the episode when George Costanza pushed an elderly woman, a clown and a roomful of children out of his way so he could escape what he thought was a blazing fire. The clown ended up dousing the blaze with his big shoe.

  When you think of your home-equity line of credit, you should be reminded of George. In an emergency, your home-equity line of credit may be the first thing to leave the room.   Read More...

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