Archive for December, 2008
Tuesday, December 30th, 2008
What is so good about home equity loan? Home equity loan rates are considered to be one of the lowest there is today, because of the loan collateral you will have to put up to apply for one.
There is a "condition" that needs to be met, in order to harvest ...
Posted in Home Equity Rates | No Comments »
Monday, December 29th, 2008
A home equity loan does have some pluses. Compared to other forms of borrowing, it is easier to get, comes at a lower interest rate, and has tax advantages that other loans don't. It can help borrowers clear up outstanding bills while leaving them with a single monthly payment at ...
Posted in Home Equity | No Comments »
Monday, December 29th, 2008
Another pitfall is predatory scammers. The Federal Trade Commission warns about, "Unscrupulous lenders (who) target older or low-income homeowners and those with credit problems. These lenders may offer loans based on the equity in your home, not on your ability to repay."
Avoid lenders who tell you to falsify information on ...
Posted in Home Equity | No Comments »
