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Can Lenders Legally Cut Back On Credit?

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Can Lenders Legally Cut Back On Credit?

Can Lenders Legally Cut Back On Credit?

Can Lenders Legally Cut Back On Credit?

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  • <iframe src="https://www.npr.org/player/embed/94415412/94415390" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

As the mortgage crisis has grown in scope, lenders have cut back on home equity lines of credit. The move might not be legal, our personal finance expert tells Alex Chadwick.

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