Home equity loans


Simple example of borrowing from equity to fuel consumption

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23 Responses to “Home equity loans”

  1. TheBlackSeo says:

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  2. FortNikitaBullion says:

    Home Equity Loan (HEL) = HELL.

  3. RunFreeAtRecordSpeed says:

    duh…

  4. ratun143 says:

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  5. zickpro says:

    i like this video, thanks!

  6. firebirdude2 says:

    It’s hard for people to not spend money when they have a lot of it. So loans like these made people feel rich, when in fact, they were on a high produced by rising real estate. When real estate plummeted, the home owner was left holding a huge loan (in addition to their initial mortgage) after living like a king for a couple years. Did it happen to everyone? No, but even 50% is a disgusting huge amount. Foreclosures reached an all time high.

  7. TheTruthHurtsYup says:

    at the end after he said people were taking out equity loans all the while not having a job, but spending money like crazy, he should said ‘and that drove the economy DOWN’

  8. DavidCFeathers says:

    A brief introduction to the terms HEL and HELOC can be found at whatishel. com (What is a Home Equity Loan).

  9. gomzalez says:

    came on…

    you have $750k equity and asset and you spend 100k on vacation and you are left with $650k. is this a lesson?

  10. theporksicle says:

    So…how did all of this crazy creation of nonexistant wealth not cause rampant inflation?

  11. andymission says:

    The Creator
    Loves me and Loves You.

  12. blackstrad2 says:

    Soo can you pay for your liabilities through your equity? I’m assuming there is a way to do that or else you wouldn’t just keep cashing out your equity and piling up more liabilities

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  16. allznew says:

    Bad credit loans

  17. allznew says:

    good

  18. ifginc says:

    Integrated Financial Group provides you with flexible and hassle free mortgage plans that saves you from all home buying financial worries..

  19. Cloudforever99 says:

    lol I’m with you brotha!!! Cant wait to get off that train!!

  20. FortNikitaBullion says:

    6:40, I disagree that happiness doesn’t show up on balance sheet. If you think about it, every asset you have is contingent on your health and happiness. It’s the reserve asset in most people’s balance sheets.

  21. rbolo29 says:

    I gotta get off this ‘debt train.’ CHOO! CHOO!

  22. 250000BusinessLoan says:

    yeah real good info

  23. binbinpan1 says:

    amazing vedio~~!
    i love it~~~~! thank you so much!!

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