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re: Consolidating credit card debt with mortgage
Posted on 6/20/13 at 11:13 am to tigerrocket
Posted on 6/20/13 at 11:13 am to tigerrocket
She's not very sound financially and in trying to educate her. It's 10 grand in CC debt and she's having a hard time justifying the interest with every little piece of junk mail that comes in
2
Posted on 6/20/13 at 11:28 am to ACT
a heloc is a home equity line of credit, get 10k line of credit pay off the credit card debt..most helocs have a 1yr intro rate around 1% then it goes to 4-6%. just make sure she caps the heloc at the amount of credit card debt. also helocs have no closing cost ..
Posted on 6/20/13 at 11:32 am to ACT
Dump her. Money is the number one cause of divorce
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