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Secured Line of Credit

Published on November 10th, 2017

A secured line of credit is quite similar to a bank account. However, instead of making deposits, you borrow money against it. This source of credit can be secured by CDs, stocks, personal property and cash. To help you pay for memory care services, you can borrow from it without having to renegotiate terms. If you do not qualify for a secured line of credit, you may also want to consider a reverse mortgage.

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Chandler, AZ 85248

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