Debt Settlement or Mortgage Refinance?
February 16, 2010
If you ever meet a financial planner who says that a mortgage refinance is a good idea to pay off your unsecured debt, run the other way. One of the issues that I have found with this “trick” that many people attempt is that they pay off their credit card debt, think it was easy, and shortly after find themselves back in the same pickle. Eventually, they often times will have racked their debt back up, and now have less equity in their home.
When you work with a Debt Settlement Company to settle your unsecured debt, you have to go without using your credit cards (only the cards that you have enrolled in the program) for the length of time that you are involved in the program. By not being able to use your credits to dig yourself further into debt, you are learning how to live independently, without your credit cards.
There are so many other perks to Debt Settlement. By the time you leave the program, you have paid off your unsecured debt and have a sense of accomplishment for doing it on your own. Financial Consulting Services offers a simple program that has no upfront fees! Visit them on the web or give them a call for your free quote!! 1-877-682-4859
