Article: Dollar Bank doling out home equity lines to job seekers.(Special Report)

Byline: SHAWN A. TURNER

Dollar Bank, after prodding from Szarka Financial Management in North Olmsted, has taken the unusual step of offering home equity lines of credit to unemployed individuals with whom it has no previous banking relationship.

The service came about after Mike Perry, Szarka's managing director, began pitching the idea to local banks as a way to provide an income stream for Szarka clients who had recently lost their jobs. Most of the banks gave an unequivocal "no,'' but Dollar Bank was interested and decided to make the product available to unemployed people who were not Dollar Bank customers. Dollar Bank officials did not provide ...

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