March 11, 2024
Yes, however if a business second mortgage the debts to be paid must be >50% business debts. Although, there are consumer second mortgages and caveat loans […]
Debt Consolidation related FAQs
March 1, 2024
One of the disadvantages of a debt consolidation loan can be that the loan term is extended further. Hence you pay more interest. Also, especially considering […]
May 18, 2020
Credit Cards used for general expenses More and more often these days, we are seeing clients needing credit card debt consolidation. Certainly, credit cards are useful however, […]
May 18, 2020
As mentioned above, the term debt consolidation has been used and misused as a sales process by unscrupulous bankruptcy operators. There are many other misconceptions related […]
May 18, 2020
Yes, there are various bad credit debt consolidation loans that allow credit defaults. As such, you can refinance home loans, personal loans and debts in various […]
May 18, 2020
Bad credit and debt can be caused by several reasons. Consequently, there are many solutions for bad debt including debt consolidation. Consequently, an assessment of your […]
May 18, 2020
Debt Consolidation must meet government and lender guidelines for responsible lending. Therefore, when applying for a home loan with bad credit your requirements must meet government […]
May 18, 2020
Lenders’ risk reduces when property security secures the debt consolidation loan. Given that, along with a reduction in risk the loan interest rate and fees can […]
May 18, 2020
The cause of debt problems is not always evident. Consequently, debt consolidation is not always the most suitable debt solution. Having said this, using mortgage security […]