Who do I contact about consolidating my debt?
That depends on what type of debt you have. As a mortgage loan officer I can share with you a common practice that many homeowners take advantage of; that being "cash-out" refinancing. If you have equity in your home, one option is to connect with a reputable and trustworthy mortgage loan officer who will determine how much cash you can pull out from the equity in your home. You can then use that cash to pay down other debts such as credit cards, car loans, student loans, etc.
I hope this helps give you some direction. | 10.21.14 @ 14:34
My firm is in Pasadena, CA and I see that you are also from Pasadena. My wife used to run the mortgage lending department at a local credit union (First Entertainment Credit Union.) She can introduce you to the people at First Entertainment, if that is what is best for your situation.
If consolidating your debt using the equity in your home isn’t an option for you, the best way to consolidate your debt is to review your debt and the interest rates you are paying. You might be able to use some “available credit” on a lower interest credit card to pay off the higher interest debt on another card.
If this isn’t an option, you might want to contact the bank you use and ask for a personal loan to consolidate debt. If your credit scores are high enough this might be another option.
Let me know if you would like to talk to my wife Sheri and potentially have her introduce you to the people at First Entertainment. Please understand that neither my wife nor I would receive any compensation from referring you to First Entertainment.
I hope this helps. I would be happy to answer any follow up questions you may have regarding consolidating your debts.
| 11.10.15 @ 17:22