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If I have an outstanding car loan that is 23 paid off can I get a second smaller car loan for less than 3000 if I don't own a house If they have the same rate can I consolidate?
Wiki User
∙ 15y ago
You can go for refinancing you car loans with some lesser amount.
Also the interest rates charged remains low when you go for refinancing a car loan.
Also have different quotes form different car loan companies, so that you are able to make wise decisions.
Wiki User
∙ 15y ago
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If you have a lien on one house and it is going into foreclosure will and we have a second house will anything happen to the second house and can they garnish your wages?
Did you record a Homestead on either house?
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Some of the problems with debt consolidation can get cause people to dig themselves deeper into debt. The original debts occur, but due to the smaller monthly payments many people feel that they can take on more debt. Another problem is that many people use their home equity to consolidate debt, and when it can not be paid they lose their house.
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Equity release is re-mortgage plan that makes it possible to release equity on a mortgaged property. But, as soon as the equity amount is paid, you have to clear all the outstanding mortgages on your house. There are some equity release providers who deduct the outstanding mortgages from the value of your house to repay the loan.
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If you have a lien on one house and it is going into foreclosure will and we have a second house will anything happen to the second house and can they garnish your wages?
Did you record a Homestead on either house?
