Comments on: Personal Line of Credit vs Credit Card http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html like a friend telling you about money ... Thu, 19 Nov 2009 19:44:17 -0600 http://wordpress.org/?v=2.8 hourly 1 By: cameron http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html/comment-page-1#comment-2776 cameron Fri, 09 Oct 2009 18:14:38 +0000 http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html#comment-2776 There are much better rates than primes + 8.5 There are much better rates than primes + 8.5

]]> By: Rick http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html/comment-page-1#comment-2299 Rick Mon, 22 Jun 2009 19:20:07 +0000 http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html#comment-2299 TFB, I applied for $1,500 and rec'd an instant (+) answer at Navy Fed for a NAVchek® Line of Credit. I wasn't considering the benefits you've mentioned but wanted the overdraft protection for my checking account. I picked $1,500 because my largest payment each month is my mortgage and if I needed to reallocated those funds elsewhere, I could always make the mortgage payment. (re. Emergency-Proof Your Emergency Fund). - Rick TFB,

I applied for $1,500 and rec'd an instant (+) answer at Navy Fed for a NAVchek® Line of Credit. I wasn't considering the benefits you've mentioned but wanted the overdraft protection for my checking account. I picked $1,500 because my largest payment each month is my mortgage and if I needed to reallocated those funds elsewhere, I could always make the mortgage payment. (re. Emergency-Proof Your Emergency Fund). – Rick

]]> By: TFB http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html/comment-page-1#comment-2298 TFB Mon, 22 Jun 2009 19:03:20 +0000 http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html#comment-2298 I chose an unsecured line over a HELOC because a HELOC will complicate my mortgage refinance in the future. I <a href="http://thefinancebuff.com/2009/06/emergency-proof-your-emergency-fund.html#comment-2218" rel="nofollow">explained why</a> in a comment to my previous post. I chose an unsecured line over a HELOC because a HELOC will complicate my mortgage refinance in the future. I explained why in a comment to my previous post.

]]> By: Wai Yip Tung http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html/comment-page-1#comment-2297 Wai Yip Tung Mon, 22 Jun 2009 18:54:56 +0000 http://thefinancebuff.com/2009/06/personal-line-of-credit-vs-credit-card.html#comment-2297 Why would want that? HELOC interest is around 2.5% right now. Why would want that? HELOC interest is around 2.5% right now.

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