Personal Loans : How to Get a Loan to Pay Off Bills

When someone is getting a loan to pay off their bills, the process is referred to as debt consolidation. Find out how to consolidate bills by taking a second mortgage, or a home equity line of credit, with help from a financial specialist in this free video on personal loans and money management.

Expert: Matt McKillen

Contact: www.innovativefg.com

Bio: Matthew McKillen has over 21 years of industry experience in arranging loans for his clients.

Filmmaker: Christopher Rokosz

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From: ehowfinance

Related topics : bill consolidation mortgage loan / line of credit home equity loan / debt consolidation loans second mortgage / debt consolidation home mortgage loan / get a loan

Heloc vs Installment Loan for Debt Consolidation

When considering how to consolidate or pay debt off most people are faced with 2 options. Get an installment loan OR get a revolving line (in many cases a Home Equity Line of Credit). In this video we explain how each option will impact your credit scores.

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From: Sam Parker

Related topics : line of credit vs home equity loan

euronews reporter - America's generation debt

http://www.euronews.com/ In the United States, university students graduate with an average of 25,000 dollars of debt.

Today, half of those graduates are either unemployed or underemployed. Many are unable to pay back their loans. National student debt stands at one trillion dollars, that's more than credit card debt.

For this generation, there is a feeling of déjà vu, of injustice. They feel that during the subprime crisis the banks got bailed out, but students who borrowed money to get...

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From: euronews (in English)

Related topics : student loan debt credit card

Debt Consolidation Refinance Calculator Video

Detailed explanation of the FREEandCLEAR.com Debt Consolidation Refinance Calculator which allows you to to determine if it makes sense for you to consolidate existing debt by refinancing your mortgage. Our debt consolidation refinance calculator enables you to compare the cost of your combined existing monthly mortgage payment and debt payment to a new, refinanced mortgage payment. The calculator allows you to understand if you have enough equity in your property to refinance your existing...

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From: FREEandCLEAR Mortgage Channel

Related topics : mortgage debt consolidation loan calculator

home equity loans explained

What is a home equity loan?

A home equity loan is secured by your home and enables you to access your available equity layer in the form of a single payout and a fixed interest rate with fixed monthly payments. Unlike a home equity line of credit (HELOC), your home equity loan proceeds are paid out as a one-time lump sum, and you can't borrow funds on the loan again, even if you repay them.

Home equity loans could be a good way to pay for home improvements or other large expenses, or to...

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From: home equity loans

Related topics : line of credit home equity loan rates / equity loans / line of credit loans near me / secured loan credit

INB Heloc Video Final

Find your balance with a Home Equity Line of Credit from INB. Fund your next vacation, large purchase, pay down debt, or start your next home improvement project.Rates and terms will vary depending upon loan-to-value, loan amount, lien position, and credit qualifications. Certain restrictions apply. Limited time offer. INB is Member FDIC and an Equal Housing Lender.

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From: INB

Related topics : line of credit home equity loan rates / home credit loan apply

Multiple Loan Payment Optimization How To

This brief video explains the most efficient way to pay off multiple loans of varying amounts and interest rates. A spreadsheet (see video for a link to the spreadsheet) http://bit.ly/P4LxwZ allowing for up to 10 loans is used to optimize loan repayment. In this example, I use a Mortgage, Student Loan, and some credit card debt.

The main message is that it is always best to apply any "extra" money towards the loan with the highest interest rate. (assuming all interest rates are fixed).

To...

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From: PrerequisiteName

Related topics : mortgage loan rate of interest / student loan debt credit card / interest rates loan

I paid off over $60K in consumer credit card debt in 3 years

Guys this was completely a shock to me. I've paid off more than $60K in credit card debt in just over 3 years. This isn't something that only I can do. You can do it to. You just have to want it enough.

I do not want you all to think that I am 100% in the clear. I am still on my debt journey as I still have my husband's student loan to pay. However; I've gotten rid of the consumer debt which has brought so much of the stress in my life. It also allows me the opportunity to invest...

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From: Wealthy Wallet

Related topics : student loan debt credit card