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https://boards.fool.com/ah-i-see-line-of-credit-and-immediately-think-of-23169911.aspx
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| Subject: Re: Getting Serious | Date: 10/15/2005 4:56 PM | |
| Author: ClimbingOut | Number: 212582 of 312992 | |
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Ah, I see Line of Credit and immediately think of a HELOC. So you are trading unsecured debt for unsecured debt, which is the same as a BT. So long as the fees and interest savings at least break even, then by all means restructure that debt. I love the idea of debt restructuring as a means to pay it down. |
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