Monthly Archives: August, 2010

what do you think of 125% appraise value of your home for a debt consolidating loan?

Me & my Hubby just brought a house in an area that is not fast for equity, 8 months ago and we only made a 5K equity, we wanted to consolidate our debt but there’s no enough equity that we can used, and his credit score is not so great, I talked to few lenders [...]

Can you eliminate credit card debt by declaring bankruptcy?

Can an individual eliminate credit card debt by declaring bankruptcy? I didn’t think you could wipe it out, just get the bill collectors off your back. But, someone told me that it depends on which chapter of bankruptcy you use. The right one WILL eliminate credit card debt. I know someone who has $80,000 in [...]

Four Good Reasons to Borrow From Your 401(k)

Four Good Reasons to Borrow From Your 401(k) Tags: four good reasons, 401 k