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Old 02-14-2008, 02:15 PM   #11
Dryer sheet aficionado
 
Join Date: Jan 2008
Posts: 30
Freezing equity lines is becoming common practice as the credit crunch worsens.I hated to do it,but I withdrew funds from one of my HELOC's and deposited it in a money market account.It's costing me about 2%(prime rate minus mm yield),but I don't have to worry about it being frozen and not having access to the funds.I'll check my fico score in a few weeks to see if it has an impact.
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