Kronk
Full time employment: Posting here.
We have a zero balance on our HELOC, with $250,000 available. Rate is at prime. Right now we don't have much in the way of after-tax accounts, so we were keeping this around as an emergency found.
I got a letter yesterday from my HELOC company, though, and if we close out our HELOC, they'll send us $400. We think we'll be taking them up on the offer. In the case of an emergency, we can always get another HELOC, albeit at (I'm sure) at a lower credit limit.
Anyone else hear of being paid to close a HELOC?
I got a letter yesterday from my HELOC company, though, and if we close out our HELOC, they'll send us $400. We think we'll be taking them up on the offer. In the case of an emergency, we can always get another HELOC, albeit at (I'm sure) at a lower credit limit.
Anyone else hear of being paid to close a HELOC?