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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (467785)	1/27/2012 11:39:11 AM
From: ManyMoose	1 Recommendation Read Replies (1) \| Respond to of 793964

The fellow who advises our mortgage says he's going to go with a second mortgage on his house when he retires. Personally, I do not trust the whole idea at all. It seems like a good way to get in deep doo doo. Dave Ramsey doesn't like them either.

To: Alan Smithee who wrote (467785)	1/27/2012 1:19:26 PM
From: Neeka	Respond to of 793964

I don't know anything about the cost of payback, but that would be a big issue as far as whether to take one out or not. I think people over 65 are much more disciplined than the average person, although there are always exceptions. Someone here said these loans are "very expensive." You're shooting the messenger. I don't hold it against Fred Thompson or Robert Wagner for doing commercials............they're just trying to make a living. I see Fonzie is even doing them now.