Home Equity Loans - California Debt Consolidation
Refinance
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Is your debt getting out of control?
Stop paying outrageous interest rates and lower your
monthly payments!
Call 888.694.0455 ext 85
or apply online
to consolidate your personal debt with a California debt consolidation
home equity loan. |
Stop paying high interest rate credit cards!
- Pay off those high interest rate credit cards
- Pay off other unsecured high interest debt
- Free up cash for whatever you need
- Lower your monthly payments
California Debt Consolidation with a home equity refinance
loan can help you get your debt under control and offers several
benefits.
- Interest from a home equity loan can be tax deductible
- Stop paying crazy monthly finance charges
- Get a much lower interest rate
- Your interest rate can be fixed
Call 888.694.0455 ext 85
or apply online to get
started.
What is Debt Consolidation?
Debt consolidation is taking some or all of your unsecured debt
(often high interest rate credit cards) and exchanging it for a
single, lower interest rate payment. You still have the obligation
of paying off the debt, but it can be much easier to do with a single,
low interest fixed payment.
Debt consolidation is a useful tool when credit cards and other
high interest debt starts to get out of control. Credit cards companies
are very good at squeezing every penny possible from you and will
often change their rates and even change payment schedules to take
advantage of their customers. Credit card companies allow you to
pay less than the interest occurring making it impossible to pay
off the credit card when you only pay the minimum payment. They
encourage overspending (points and rewards) and allow under paying
on the interest.
Why use home equity to consolidate your debt?
So, you are up to your eyeballs in credit card or other unsecured
high interest debt. Why would you want to consolidate it with a
California home equity loan? There are several advantages
- The interest you pay from a home equity loan may be tax deductible.
That's right, it can be a tax write off. Check with a CPA to find
out how much money you can save. Money that would have been a
lost expense.
- Credit cards charge dearly for their services. Someone has to
pay for the millions of junk mail letters that go out every year.
Pay off your credit card and you no longer have to pay their finance
charges
- Home equity loans often offer MUCH lower interest rates. This
will immediately effect your monthly payment. You can use the
money you save on interest to pay down your debt even faster.
This alone can give you the relief you need to get a hold on things
- You can get a fixed rate. Many credit cards have adjustable
interest rates that you cannot control. Get a home equity loan
with a fixed rate and have piece of mind that your payments will
remain stable.
It is a good idea to go over all your debt consolidation and home
equity loan options with an experienced mortgage planner to determine
the best course of action. Feel free to give us a call to get more
information on how a California home equity loan could help you
get your run away debt under control.
As professionals in the California mortgage lending industry,
we have built our reputation on providing outstanding products and
service to our clients, for all types of loans! That means you can
count on us to always look out for your best interests, and to keep
you informed throughout every step of the mortgage process. Please
don't hesitate to call if you have questions about the information
you find here on our web site.
Call 888.694.0455 ext 85
or apply online to get
started.
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