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Debt Consolidation
is a great way to lower your monthy bills and allow you to clear
out debt and pay off high interest credit card loans or simply
to pay for remodeling projects. The tax advantages can be extreme. |
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Less
Than Perfect Credit |
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picked Lendors waiting to compete for what you need. Since
2001 we have been getting our clients what they need. We will
cut through the red tape and get you quick results that you
can be happy with. |
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How
much can you expect to save from debt utilizing debt consolidation
or refinance consolidtion?
| Debt |
Current
Amount
Owed |
Monthly
Payment
Amount |
Payoff with
Loan |
New
Monthly
Payment |
| First Mortgage |
$30,000 |
$400 |
Yes |
$526 |
| 2nd Mortgage |
$8,000 |
$250 |
Yes |
$0 |
| Credit Card |
$5,000 |
$90 |
Yes |
$0 |
| Auto
|
$8,000 |
$260 |
Yes |
$0 |
| Boat
|
$5,000 |
$200 |
Yes |
$0 |
| Total |
$56,000 |
$1,200 |
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$526 |
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| This
example is based on a $56,000 loan amount with an interest rate of
10%. By restructuring your loan by changing you debt payments, a substantial
monthly savings can occur. Most people also realize additional savings
from interest deductions that the government currently allows. Note:
This is a purely an example, but it may not fit your specific situation.
A custom payment structure can be constructed to meet your specific
needs. |
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