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Create an Emergency Funds with Home equity

January 16, 2007

Create an Emergency Fund with These Tips from Informa Research Services

One of the more significant trends of 2006, has been the struggle of American households to save money, according to Informa Research Services. With a steady decline of disposable income due to rising mortgage costs, and inability to save, hard-pressed households are finding it difficult to meet day-to-day living expenses. Most are turning to competitive Home Equity Lines of Credit (HELOC) or low credit card rates to pay off their existing debts. Read more

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