What are the major drawbacks with getting a Home Equity Loan on a mortgage to pay off credit card debt?
Tameeka asked:
We’re in our 50’s, with a house that’s worth twice of what’s left to pay off on our mortgage. We were hoping to use the equity for our son’s college in a couple of years, or as a retirement cushion, but want to pay off some MAJOR credit card burdens. Any advice?
Tammy
We’re in our 50’s, with a house that’s worth twice of what’s left to pay off on our mortgage. We were hoping to use the equity for our son’s college in a couple of years, or as a retirement cushion, but want to pay off some MAJOR credit card burdens. Any advice?
Tammy
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Considering credit card debt consolidation, would this be a good choice; recommendations who I should use?
drogers43111 asked:
Is there way to consolidate my credit card bills and get a lower payment without affecting my credit?
Jaydon
Is there way to consolidate my credit card bills and get a lower payment without affecting my credit?
Jaydon
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I have ten thousand in credit card debt that I want to move to?
Love Life asked:
one spot like one credit card with a good rate - even 8%. I have excellent credit and I am sick of sending out all these 25.00 payments to a bunch of different cards. Any ideas?
Cael
one spot like one credit card with a good rate - even 8%. I have excellent credit and I am sick of sending out all these 25.00 payments to a bunch of different cards. Any ideas?
Cael
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