Much discussion has been made here, and on other financial sites, about the recent Fed plan to help subprime borrowers. That group of mortgage holders have loans are due to reset to higher interest rates next year. Left out of the mix are hundreds of thousands of borrowers with good credit who could face sharp increases in their payments.

That group are sitting on loans known as option adjustable-rate mortgages, or option ARMs. By definition, those loans give borrowers a choice about how much to pay back each month. If they choose to make only the minimum payment on a regular basis, their loan balance can actually rise.

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