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« NY Times: Very Rich Leaving Merely Rich Behind | Main | FT: Low-cost 'clone' for funds launched »

November 28, 2006

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Homeowner Loans

Fantastic Post. Homeowner Loans are a popular way of borrowing larger sums of money by securing it against your property. Remember though, while the rate and monthly amounts look good, you will be paying back over a longer period of time and therefore will pay more money back in the long term. If you can try and overpay so your term will reduce and you won’t pay as much interest.

Homeowner Loans

Great post. I remember when I was deep in debt, a secured loan really helped me but I think you have to be really strict with yourself as once those credit cards are paid off you want to go back out and spend on them. Try and avoid using them and cut them up!

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