Saturday, September 08 2007 @ 01:43 PM Eastern Daylight Time Contributed by: Admin
A few years ago if you had credit card debt but owned a home it was always a good idea to get a home equity loan to pay off those credit cards. The interest rates are usually much lower and the interest is tax deductible. Fast forward to today and with the current US mortgage market problems you may find it hard to do this since some lenders have dropped home equity loans while others have tightened their lending standards. Since 2001 more than $350 billion in credit card debt has been moved to home equity loans or mortgages.
For more information, read the full article on USA Today. For some great home equity lenders please check out these reviews.
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stop-credit-card
Authored by: Anonymous on Monday, June 02 2008 @ 04:09 AM Eastern Daylight Time
A method and system for providing an investment fund, such as a long term investment fund which may be suitable for retirement purposes, comprising the steps of establishing a credit based account with a credit card issuer for the benefit of a credit card holder, providing an investment account with a financial institution for the benefit of the credit card holder, funding the investment account by the credit card issuer with a predetermined amount of money on a periodic basis, and charging an amount of money so funded against the credit based account of the credit card holder. In addition, disclosed is a method and system providing an investment fund is based on purchase rebates, comprising the steps of establishing a credit based account with a credit card issuer for the benefit of a credit card holder, providing a long term investment account with a financial institution for the benefit of the credit card holder, ascertaining the total amount of money charged by the credit card holder in subscriber merchants in a particular period of time, and providing a rebate by the credit card issuer to the credit card holder by funding the investment account of the credit card holder with a predetermined percentage of said total amount so ascertained
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arthur
Don't be a victim. Stop credit card debt now. We can help.http://www.stop-credit-card-debt.com
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arthur
Don't be a victim. Stop credit card debt now. We can help.http://www.stop-credit-card-debt.com