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Americans Use Home Equity to Pay Off Mounting Credit Card Debt

With credit card debt on the rise, many Americans are refinancing their mortgages to leverage record levels of home equity to pay their bills.

11 Aug, 09:00 — 11 Aug, 09:00
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NYTMostly Factual3d ago

As Credit Card Debt Mounts, Home Becomes a Piggy Bank

A rise in home equity to record levels has led many Americans to refinance their mortgages to pay their bills.

By Gregory Schmidt

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