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Biden ‘revolving’ credit involves dozens of loans against family home

By WND Staff

 

Delaware properties used as collateral an ‘astonishing’ number of times.

Joe and Jill Biden are being accused by a major publication of using one of their Delaware residences as an “ATM,” with their schemes to take out literally dozens of loans against their property over the years.

report from the Daily Mail points out that their current property, purchased years ago for $350,000, has been used for loans totaling more than $4.2 million and still has an outstanding loan of $541,000 – 28 years after the purchase.

The report wondered, “The constant refinancing raises the question of why the Bidens, who have a reported net worth of $10 million, needed a constant flow of extra cash.”

The same loan rollover agenda was used on their first home, the report explained.

The Biden’s have had two primary homes for residence in the state, and they have borrowed some $6 million on both. Fifteen loans involved their first home…

READ FULL ARTICLE HERE… (wnd.com)

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