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It would be in your best interest to talk things through before you opt in for a line of equity.

You must consider your ability to make on-time payments so you don’t end up losing your home. Taking unsecured debt and making it secured may be sold to you as a good option, but you have to protect your home and vehicles for your family and job security. It would be in your best interest to talk things through before you opt in for a line of equity. For many hard working people, they don’t own – they rent or still make car payments. The Education Department has audit procedures for individuals, schools and school servicers, lenders and lender servicers, and guaranty agencies and servicer agencies.

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