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Old 04-02-2013, 11:21 PM   #454 (permalink)
dmhenderson
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I mean think about home refis. You do it because A) you get a better interest rate at the cost of a longer loan term B) You're going to lose your home and are willing to take a long-term loss to save your investment or C) You need to free up equity.

Now think about this in terms of a vehicle. The bank will tell you they get nothing out of it but how does that make sense?
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