A home equity loan allows the consumer to utilize the equity they have built up in their current home as collateral for a new loan. The money that is provided by the home equity loan can be used for a variety of
Q:Can I transfer my mortgage or car-loan debt to a credit card via a 0% intro APR credit-card offer? A:There is no law in the United States that prevents you from using, e.g. a 0%balance transfer checkto payoff your mortgage balance, car loan, student loan or any other type of...
All percentages are based on a positive net worth. If you have student loans right out of school, or a negative net worth due to negative equity, use these charts for the asset side of the balance sheet equation. Systematically look to reduce non-mortgage debt as you build your wealth-bui...
In 2022, the title was "Market Fantasy Meets Debt Reality," and this year, it was "2023 — Sovereign debt; Silver; Navigating the Post-Bubble Train Wreck," where once again in both years, I determined that sovereign debt explosions the world over would result in a sudden need forcollatera...
mortgage, refinance, home equity loan, etc. on your home to help consolidate debt into a lower interest loan, in addition some of them will even providecredit counselingand actuallynegotiate lower paymentswith your debtors. Some debt relief companies are non-profit, but they generally work the ...
You can qualify for an FHA loan, it is a little more effort to qualify sometimes but not much because it is government backed. The FHA guidelines a little more stringent for things like loan to income ratio, total house costs etc.