HELOCs no longer fueling auto sales
In 2007, 11% of new car sales nationwide were financed by using a Home Equity Line of Credit. In California, it was nearly 30%. Yikes. With the sharp dive in home prices, using HELOC money is no longer an option…
"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
In 2007, 11% of new car sales nationwide were financed by using a Home Equity Line of Credit. In California, it was nearly 30%. Yikes. With the sharp dive in home prices, using HELOC money is no longer an option…