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Comerica first started playing with FLEXLINE when you look at the August 1998 into the launch of an alternative domestic collateral line of credit

Monday, December 16th, 2024

Comerica first started playing with FLEXLINE when you look at the August 1998 into the launch of an alternative domestic collateral line of credit

Brand new press release announcing the fresh new release manufactured in the title “Comerica Bank to introduce Household Security Flexline” and you may utilized that phraseology regarding release. While you are Comerica seems to argue their access to FLEXLINE is actually an enthusiastic unique believe, eg is not necessarily the situation. It’s spent several huge amount of money performing this and has discover its family security loan tool is a successful origin regarding company. When a customers receives property guarantee financing the guy or she (otherwise both) have to arrived at a good Comerica part. You will find a good level of papers in order to techniques. The consumer keeps three days just after signing the desired documentation so you’re able to rescind the order.

Just like the August 1998, Comerica provides generally stated its domestic *566 collateral mortgage unit on Florida installment loans the net news, broadcast, tv as well as on the internet

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