Tag Archive for: debt consolidation loans

When Will Student Loan Payments Resume?

If you're one of the millions of borrowers who have been benefiting from the student loan pause on federal student loans since March 2020, you're likely curious about when this financial breather will come to an end. The big question on everyone's mind is: When will student loan payments resume? Let's dive into the latest student loan news to find out.Read More

Using Home Equity to Pay off Consumer Debt

Are you burdened by consumer debt that seems to linger endlessly? Do you dream of a future without the weight of high-interest credit cards and loans? If so, there may be a solution within the walls of your own home. By leveraging your home equity through a cash-out refinance, you can pave the way to financial freedom while consolidating your personal debt. In this article, we will explore the advantages of paying off consumer debt with your home equity, delve into the cash-out refinance process, and answer some frequently asked questions.Read More

Why Refi Into A Higher Rate? Debt Consolidation!

We recently had a borrower who had over $110,000 of consumer debt (credit cards and personal loans). The borrower had a very low fixed-rate mortgage too that we could not match b/c rates have gone up and b/c the borrower’s credit score had dropped so much b/c of the consumer debt.Read More