Debt Consolidation
If you’ve been feeling overwhelmed by your monthly expenses—or finding yourself just scraping by each month—refinancing your home may be a great solution for you.
Benefits of debt consolidation
Consolidating your debt into a refinanced mortgage offers several benefits.
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First, you can get rid of high interest charges you may be facing on credit card accounts.
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Second, you can save time and money by only having to make one payment each month.
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Third, you can consider increasing contributions to your retirement account or your rainy day fund (and even tackling that home improvement project you’ve been meaning to do!).
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It’s important to make smart decisions with the money you will save each month. With debt consolidation, there are many ways you can make your home’s equity work for you.