This week, I’d like to share some customer experiences with one of the most popular new strategies in debt consolidation refinance. Over the last few months, a select few in the mortgage banking industry have developed programs which allow borrowers to accomplish the 3 greatest goals of debt consolidation: Get Cash to Pay Off High Interest Debt, Lower the Overall Monthly Minimum Payment, and Boost Cash Flow to allow borrowers to save up money in a short amount of time. The benefits are nearly indisputable: Higher Credit Scores, Lower Monthly Minimums, and Greater Flexibility. But one of the biggest criticism of debt consolidation is that borrowers who consolidated their debts were still not saving enough money after the refinance, and needed to tap into home equity repeatedly to achieve their final goal. What if I told you that there is a new loan product available today which allows you to do all of these things, but also allows you to Make No Payments for 90 Days, with 0% interest due over the introductory period?
David in California said what many of you just said, that’s too good to be true! If you can do that, sign me up! David had a typical Southern...
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