How To Tap In To Your Home EquityWritten by Frank Kelly
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When considering using your home as a security instrument to obtain a loan, it is important to consider amount you can afford monthly. Although loans can be used for virtually anything, if you are going to use money to make large purchase, make sure you are buying something that will outlast life of loan. Remember, if you do not repay loan as agreed, you may lose your home. While it may be smart to tap into equity for home improvement projects that will increase your property value, it may be foolish to put your home on line for that dream vacation. =========================================================== Discover useful advice and information about home equity loans. Website contains articles and advice about home equity loans. Click ==> http://www.homeequityloans-cheap.com/
Frank Kelly is a freelance writer. Years ago he was an employee who regularly used payday loans to get thro the month. Then he disocvered the better alternative of a home equity loan.
| | Debt Consolidation Versus Debt NegotiationWritten by Gary Gresham
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One benefit of a debt negotiation program is you stop making payments to your creditors. The debt negotiation company either takes monthly payments from you and keeps it in an account, or lets you keep money in your own account. While you are making these monthly payments to debt negotiation company, they negotiate with your creditors for a lower payoff of around 40-50% of your total amount of debt. Once negotiated settlement is agreed upon with your creditors, debt negotiation company makes a one time payment to them. A downside of debt negotiation program is it lowers your credit score for as long as you are in program. However, most debt negotiation companies require creditor make credit report show paid in full so it doesn't show up as a negative on your report once your account is settled. Some debt negotiation companies include a credit repair service that will remove negative items caused by debt negotiation program. You pay for this service as part of their program. Now that you have an idea what debt consolidation versus debt negotiation is choose which one will work best for solving debt and credit problems for you. Copyright © 2005 Credit Repair Facts.com All Rights Reserved.
This article is supplied by http://www.credit-repair-facts.com where you will find credit information, debt elimination programs and informative facts that give you the knowledge to correct your own credit and credit report. For more credit related articles like these go to: http://www.credit-repair-facts.com/articles_1.html
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