Re: [DML] Re: Collector's Car loan

["Brian McCool" <bjmccool@xxxx>]

All of these posts are assuming that someone
A. Has a home with equity in it.
B. Has perfect credit.
C. Has a fairly long credit history.

Some would be owners on the list are having to hurdle all 3 of these points
because of their age or possibly lack of credit history.
----- Original Message ----- 
From: "content22207" <brobertson@xxxx>
To: <dmcnews@xxxxxxxxxxxxxxx>
Sent: Monday, January 12, 2004 11:44 PM
Subject: [DML] Re: Collector's Car loan


> None of your replies mentioned a home equity line as a financing
> option. If you have enough equity in your house, that should
> definitely yield the lowest interest rate (which is also tax
> deductible). Note that the lending institution makes no review of any
> purchases from an equity line.

>