yeah, i said (admittedly buried in the body of my tirade) that this heloc’ing was for a guy who is judgment proof. a guy who no one is suing anyway. that’s why i’d be nervous. because im in the damned system…
for a guy with minimal future economic prospects, rolling the dice on the house is kinda like rolling the dice on huge student loans. when you’re borrowing the money you think, well, hell, no one else is giving me lots of money ona chance for something better in the future. it’ll either work out or it won’t, but how much worse off can i get? i got nothing now. Maybe the degree will pay off, maybe it won’t but you cannot get blood from a stone.
at least, that was what i was thinking when I signed my student loan documents…
