No. of Recommendations: 1
Cash is easy, clean; Credit is entangled with fees and interest. I just don't want to get involved with it.

I was with you until you wrote the above.

The HELOC loan already exists. The person is already using credit, paying fees and interest. Granted the fees are in the past if there were any.

I think someone else explained is better when they said that the risk is that the HELOC might be pulled just when you need it but the cash is always there.

As a third person noted, I would pay down the HELOC AND keep some cash for the unexpected.

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