And before I start, I know this would be dumb if u still had a mortgage BUT….

Let’s assume ur debt free and u own the house you live in. It’s all paid off, no mortgage

Would it rly be all that stupid? I mean, u could get a lower rate, thus cheaper monthly payments as far as the bare minimum ur required to pay each month

But obv not being a dumbass and stretching it out for 15 years or longer to pay off. It’s just to get in it INITIALLY at a better deal

And then pay it off in like 60-72 months…

Would u not have technically scored urself a better deal?

I mean, u have a fully paid off house with equity u could take advantage of…. Granted, it’s being used on a depreciating asset but I mean…. You have no other debt

If yo default on an auto loan they take your vehicle. If you default on a home equity loan you might lose your house.

Yeah true but what kind of retard is gonna take out a loan and then not pay it? Lol I would absolutely not do that chit…. Even on just an auto loan

People do that all the time, especially when trying to buy more property. Just don't default. (Ded fkn Srs)

Will let you know when the credit bubble that’s filling bursts

Do it boyo