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, I am Mrs. Jane White from Florida when I was in need of loan I posted a question here on how to get loan and someone refer me to standard loan firm and that is where I got my loan without credit check and low interest rate of 3%, You can reach them with this email if you need loan standardloanfirm@live.com

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Q: Are home equity loans a good way to consolidate debt?
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Is it wise to take out personal loans to consolidate your debts?

It all depends on the situation and the amount of debt one owns. If one does not have too much debt it would be a good option, if the debt is more than normal than it might not be as beneficial.


What is a good strategy to consolidate your debts?

A good strategy to consolidate you debts is to combine multiple loans, reduce the number of bills each month, lower the monthly payment, and reduce long-term cost of loans or debts.


What is a good debt to equity mix?

1 to 2 (2 times equity to 1 time debt) is a safe way to go


What are the best methods to consolidate debt?

The best methods to consolidate debt usually involve finding a loan with a good rate of interest and transferring all debt to this. A financial advisor is useful in this situation to ensure the best rate is obtained.


How does one consolidate their debt?

Debt can be consolidated using more than one method, but ultimately it always involves moving existing debt from one creditor or account to another. You can consolidate multiple debts onto a new or existing credit card by using a balance transfer. You could also open or use an existing line of personal credit, or a home equity line of credit. You can also consolidate multiple student loans into a single loan. You would need to speak with your existing lender(s) about using existing credit lines or opening a new one, or you could seek out other possible lenders who may offer you a good deal on a balance transfer or line of credit.

Related questions

Should spouses consolidate their student loans?

Loan consolidation should not be jumped into. Look closely at the size of debt and the interest rate being paid on the various outstanding loans. It may not be a good idea to consolidate depending upon those variables.


What are some good options for private loans?

Personal Loans give you the ability to consolidate debt, improve your home or pay ... An unsecured personal loan could be a good option regardless of whether you ... personal loans can be more beneficial than some other types of financing.


Is it wise to take out personal loans to consolidate your debts?

It all depends on the situation and the amount of debt one owns. If one does not have too much debt it would be a good option, if the debt is more than normal than it might not be as beneficial.


Is it possible to consolidate student debt?

Eligibility Requirements In most cases you are considered eligible to consolidate your loans if you are: not currently in school or are enrolled at less than part-time status currently making loan payments or are within the loan's "grace period" have a good repayment history (meaning you are not in default on your loans) carrying at least $5,000-$7,500 in loans


What is a good strategy to consolidate your debts?

A good strategy to consolidate you debts is to combine multiple loans, reduce the number of bills each month, lower the monthly payment, and reduce long-term cost of loans or debts.


What is a good debt to equity mix?

1 to 2 (2 times equity to 1 time debt) is a safe way to go


What are the best methods to consolidate debt?

The best methods to consolidate debt usually involve finding a loan with a good rate of interest and transferring all debt to this. A financial advisor is useful in this situation to ensure the best rate is obtained.


what are some good debt consolidation services?

You might want to start with a bank or even one of the banks offering your loan. They may be able to consolidate the loans for you. Try to pick the one that offers you the best terms.


How does one consolidate their debt?

Debt can be consolidated using more than one method, but ultimately it always involves moving existing debt from one creditor or account to another. You can consolidate multiple debts onto a new or existing credit card by using a balance transfer. You could also open or use an existing line of personal credit, or a home equity line of credit. You can also consolidate multiple student loans into a single loan. You would need to speak with your existing lender(s) about using existing credit lines or opening a new one, or you could seek out other possible lenders who may offer you a good deal on a balance transfer or line of credit.


How is debt consolidation a good idea?

Trying to consolidate debt with bad credit is not a great idea. If your credit rating is low, it's hard to get a low-interest loan to consolidate debts, and while it might ...affordabledebtconsolidation


Who offers the best rates for Equity loans?

The rates for Equity Loans can be very competitive and as such they can change. A good way to find the best rates is to use comparison sites such as Bank Rate.


Auto Loan vs. Home Equity Loan?

Auto Loan vs. Home Equity Loan Home equity loans often have lower interest rates than auto loans and the interest may be tax deductible. Two good reasons to take a look at home equity loans to finance your automobile purchase.