LibraryScenariosHow Home Equity Becomes Impulse Spending
Scenario

How Home Equity Becomes Impulse Spending

I refinanced my mortgage to get cash out and used it to buy a boat that I have used twice in eight months.

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More people experience this than they realize.

What we've seen

You borrowed against your house for a boat you've barely used.

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“Where Are You with Finance?”

If this sounds familiar, the Library can help you find the bigger picture.