Quote:
Originally Posted by xist
can he pay you back within a couple of days without getting a mortgage?
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heloc
I had considered applying for a HELOC myself when I wasn't sure we could pay for my wife's PA program in cash. I wasn't impressed with the student loan options considering the higher interest rates, and the fact that the debt is not discharged in bankruptcy. HELOC interest is tax dedictible, is low interest since it's secured (lien against home), and is discharged in bankruptcy.