Sentences with phrase «beyond opening lines of credit»
Beyond opening lines of credit in your name, someone can use your SSN to get a job (which means the IRS will think you didn't report all of your income), or even file a tax return in your name, and you won't discover the tax fraud until either you try to file your real return or the IRS sends you snail mail saying there's a problem.
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In this article, I show that the benefits of opening a home - equity conversion mortgage (HECM) line of credit extend beyond meeting spending needs.