What are benefits of refinancing my home? There are several benefits included with refinancing your home, including: Your credit may be in better standings then before you purchased your home, now you can refinance and obtain a more suitable loan, with lower interest rates and terms. Or, you can obtain a home equity line of credit and have cash available when you need it. With refinance cash out, your lender can consolidate your bills and pay off all of your debt. You will not have to deal with hassle by yourself.

What are different refinance loan options? As with a traditional loan, refinance home loans offer some of same loan programs, such as: 10/15/30 year fixed Zero Down Interest Only And so on

Where can I refinance my loan? You can apply for a refinance home loan through your current lender. Or you may search for a new lender more suitable to your financial needs. This search can be done by internet search, flipping through yellow pages, or consulting with your real estate agent.

What is most wonderful about Denial, in terms of consumer debt, is bad name that banks are getting for seducing innocent consumers into complex credit contracts. If fat McDonalds’ customers have to take responsibility for their actions, then poor borrowers should acknowledge full consequences of excessive shopping.

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Resources: http://cashzilla.blogspot.com/ http://www.creditaction.org.uk/ http://www.savekaryn.com/ http://www.moneynet.co.uk/ http://www.moneysupermarket.com/ http://www.lowermybills.com/ http://www.power-of-attorneys.com/july_se1.htm

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Further information:

‘What £1.1 trillion of debt actually means’, by Cashzilla

Consumers have already been given comparisons of debt and third world countries’ GDP. At Cashzilla, we don’t think message is setting in. We asked Jamie, a local expert, to do a small scientific experiment, which involved going to shop and buying a tube of smarties. The tube of smarties cost 40p and there were 42 smarties in tube (a very significant number). Some magical calculations later, Jamie worked out that £1.1 trillion would amount to coating world in smarties five million times over!

Rachel is one of two authors who write for Cashzilla. We don't take ourselves too seriously and rant about various personal finance issues from time to time.

Rachel drinks Guinness.

Cashzilla is an Aries. He has a flamboyant character and a tongue that could heat up any conversation. If Cashzilla was an A-Team character, he'd be Murdock.