what’s the difference between refinancing and debt consolidation?
Phyllis S asked:
I want to refinance and include my home equity loan and get extra money for a new car. What is the right option?
Kansieo.com
I want to refinance and include my home equity loan and get extra money for a new car. What is the right option?
Kansieo.com
Tags: Extra Money, Refinance, Refinancing
March 20th, 2009 at 10:53 pm
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Refinancing reduces your current payments and you often can get money.
Debt consolidation is combining loans together.
So, refinancing is what you want.
March 21st, 2009 at 2:35 am
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Refinancing is when you refinance something like a car or a home.
Credit consolidation is when you combine all of your bills and make just one monthly payment.
You should get a bill consolidation loan, to save money and to buy your new car.
March 24th, 2009 at 4:48 am
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I’m going thru same thing with lots of pitfalls. I must refinance because of circumstances but I am only going to refinance to a fixed amount and not take any cash out.
March 25th, 2009 at 2:58 pm
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There is some useful advice here.
March 27th, 2009 at 3:13 pm
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debt consolidation
getting out of debt is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is:
March 28th, 2009 at 9:38 pm
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The following articles should clear your doubts:
Debt Consolidation - Get Out Of Debt
How to Hire a Debt Counselor?
What is Debt Relief?
Debt Management and Building Wealth
How to lower your debts?
How to reduce debt : How to lower your expenses?