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September 12, 2006
Refinancing Revolving Debt with 100% Home Equity
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 makes it harder and more expensive to file for bankruptcy. Under this Act, credit card companies are now charging double for minimum payments and exorbitant universal default rates for missed payments. As a result, people are doing debt consolidation with home equity loans and mortgage refinancing by the droves. You may qualify for a 100% home equity loan. Then, you can use your home equity to refinance high rate credit cards, lowering monthly payments, so you can enjoy lowered interest and more money in your
From Refinancing Revolving Debt with 100% Home Equity
Posted by Peter at September 12, 2006 01:59 PM
