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Registered
Join Date: Jun 2005
Location: Hamburg & Vancouver
Posts: 7,693
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The idea sounds great in principle - but my focus would be entirely on the interest rate.
If there's a better rate around elsewhere, I'd do the math.
If you are paying more interest for a novel concept - you are making a mistake.
You just have to do the math. Find out what each point of intererst is costing you.
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These are my principles. If you don't like them, I have others.—Groucho Marx
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