95 Well this probably isn’t a good sign for the economy…… any other banks cutting off equity lines? (media.greatawakening.win) posted 175 days ago by Bully_Solution 175 days ago by Bully_Solution +97 / -2 18 comments download share 18 comments share download save hide report block hide replies
This happened under Obama when the housing market collapsed. Almost all banks stopped new HELOC loans and anyone that had them, they were canceled. So if you had a HELCO for 50k and only used 15k that was the loan amount, the rest was canceled.