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Debt Management Notes
note: what your credit report
is showing related to your debts
note: using your home equity
to consolidate your debts
note: budgeting software to paydown
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home equity consolidation

Using Your Home Equity to Consolidate

You can use the equity in your home
to combine all of your existing accounts into one single payment that is manageable and affordable.

You can consolidate:

·  credit cards
·  department store accounts
·  installment loans
·  student loans
·  auto loans
·  recreational vehicle loans

Using your Home Equity Loan as a "Debt Consolidator"

is a smart way to manage your accounts and reduce monthly costs.

And there is one other great benefit with equity consolidation. The interest charges on your home equity loan may be deducted from your taxes if you qualify. Consult your tax advisor for information. This can add up to additional savings that can reduce your overall debt payments.

Home Equity Loan Benefits:

 
·   select a repayment plan that fits your budget
   
·   find repayment plans that can be from 5-10-20 years, giving you the choice of low monthly payments to start
   
·   pay the minimum monthly payments or any additional amount at anytime
   
· deduct interest charges from your taxes if you qualify — view our companion home equity site for an example
   
· get competitive rates that are as low or lower than many credit card consolidation programs
 
· benefits may vary by lending institution: view our companion home equity site for product terms
   
· use our network to find a lender that charges zero application, closing and annual fees

Link to our companion site at:
YourEquity.com for more information

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