Vettezuki |
06-25-2013 01:24 AM |
Well it was a nice idea when I had it. I was going to pay off a not insubstantial personal business debt with a re-fi as we have lots of equity, but just after we started the process, the bond market went ape shit. Folks on my end have been waiting for the shoe to drop and expect it to get much much "worse". It's not a big deal personally other than what was going to be a nice free cash flow if I could have gotten the re-fi at a low rate over a long term will now be redirected to paying the business loan. It's half piss off as I was looking forward to having a little play money for the first time in years, but half ok since I'd be paying off a loan in 4 years or so instead of 30.
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