Just as there are optimal times to refinance your home, there are also times when you should not consider refinancing. In our look at Refinancing, Part 2 covers the situations where you should hold off refinancing. 1. You have had your mortgage a long time The amortization chart shows that the proportion of your payment [...]
On March 19, 2010,
in Debt Consolidation,
by Clover Properties
Myth: Debt consolidation saves interest, and you have one smaller payment. Truth: Debt consolidation is dangerous because you treat only the symptom. Debt consolidation is nothing more than a “con” because you think you’ve done something about the debt problem. The debt is still there, as are the habits that caused it – you just [...]
