Cash-strapped Americans are willing to leverage their homes to pay the bills

As U.S. household debt rises and wages stagnate, millions of Americans are thinking about tapping into home equity to keep up with day-to-day expenses. Twenty-four million homeowners believe borrowing against home equity is an acceptable way to cover regular bills, according to a recent Bankrate.com report. Cash-strapped millennials, low earners and the less educated were…
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