Guide to Debt Consolidation Loans

Written by John Mussi


Here is a useful guide to Debt Consolidation Loans. A Debt consolidation loan is a loan used to repay several other loans. A Debt Consolidation Loan is a low cost loan secured on your home. It frees uprepparttar spare capital (equity) in your home to repay your store card and other debts. It can reduce both your interest costs and your monthly repayments, putting you back in control of your life.

Are you tired of always having to balance lots of payments atrepparttar 143388 end of each month? Want a solution that will give yourepparttar 143389 chance to not only pay less each month but also manage them all in one simple payment?

Debt Consolidation loans can give you a fresh start, allowing you to consolidate all of your loans into one - giving you one easy to manage payment, and in most cases, at a lower rate of interest.

A debt consolidation loan is a single loan that can be used to pay off multiple existing debts. These debts may have been incurred through personal loans, credit cards, overdrafts, or may represent any number of unpaid bills that have built up over time.

Asrepparttar 143390 name suggests, a debt consolidation loan takesrepparttar 143391 group of debts that you owe, and consolidates them into one. This would mean that you only have one monthly payment.

Sincerepparttar 143392 Debt Consolidation loan can be paid off over a longer time period, your individual monthly instalments would also be reduced.

If you find you have several monthly payments on a number of different loans you can make things easier for yourself by bringing them all together and taking out one single loan to pay offrepparttar 143393 total debt.

With a Debt Consolidation Loan you can borrow from £5,000 to £75,000 and up to 125% of your property value in some cases. Debt consolidation usually reducesrepparttar 143394 borrower's monthly payments by loweringrepparttar 143395 interest rate or extendingrepparttar 143396 repayment period or sometimes both.

Home Refinancing Scam – Thieves Use Identity Theft to Steal Your Equity

Written by Charles Essmeier


Sincerepparttar demise ofrepparttar 143387 stock market in 2000,repparttar 143388 real estate market has been booming. Investors who are justifiably cautious about investing in stocks have been investing in homes. This has drivenrepparttar 143389 prices of homes inrepparttar 143390 United States to record levels. Long-time homeowners are discovering that they have a tremendous amount of equity in their homes asrepparttar 143391 values rise, sometimes inrepparttar 143392 hundreds of thousands of dollars. The past five years have been good to homeowners and lenders. Unfortunately,repparttar 143393 past five years have also been good to equity thieves, who are using identity theft to stealrepparttar 143394 equity from homes, often withoutrepparttar 143395 homeowner’s knowledge.

Asrepparttar 143396 median value of a home inrepparttar 143397 United States is currently a little more than $200,000, there is plenty of incentive forrepparttar 143398 equity thief. The scam is relatively simple and usually involves homes that are completely paid off. The thief obtains a copy ofrepparttar 143399 homeowner’s Social Security number and a fake driver’s license inrepparttar 143400 homeowner’s name. Using this fake identification,repparttar 143401 thief forges a quitclaim deed, a document transfers a homeowner’s interest in a property to a third party. The document says,

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