Debt Consolidation Loans Tricont !!! Consolidate Here and (Three Times Your Savings).
Consolidate Today & Three Times Your savings
Debt consolidation entails taking out one loan to pay off many others. Borrowers often undertake debt consolidation to secure a lower interest rate, secure a fixed interest rate, free cash for emergency needs or simply for the convenience of servicing only one loan.
Debt consolidation can simply be from a number of unsecured loans (credit cards) into another unsecured loan, but more often it involves a secured loan (mortgage) against an asset that serves as collateral, most commonly a house. In this case, a mortgage is secured against the house. The collateralization of the loan allows a lower interest rate than without it, because by collateralizing, the asset owner agrees to allow the forced sale (foreclosure) of the asset to pay back the loan. The risk to the lender is reduced because the borrower has more cash on hand to pay the lender so the interest rate offered by the lender is lower.
Sometimes, debt consolidation companies can discount the amount of the loan. When the debtor is in danger of bankruptcy, the
debt consolidator will buy the loan at a discount. A prudent debtor can shop around for consolidators who will pass along some of the savings.
Consolidation can affect the ability of the debtor to discharge debts in bankruptcy, so the decision to consolidate must be weighed carefully.
Debt consolidation is often advisable in theory when someone is paying credit card debt, since credit cards often carry a much higher
interest rate than even an unsecured personal loan from a bank. Debtors with property such as a house or car may get a lower rate through a
secured loan using their property as collateral. The total interest and the total cash flow paid towards the debt is then lowered allowing the
debt to be paid off sooner, incurring less interest.
Student Loan Consolidation
In the United States, federal student loans are consolidated somewhat differently than in other countries because the federal student loans
are guaranteed by the U.S. government.
For many Americans, debts like credit cards, auto loans, and hospital bills have piled up much faster than they could ever have imagined.
These people are all now facing a mountain of bills, rising monthly payments, late fees and outrageous finance charges. They are now having to
decide which debts to pay and which to ignore. Some of them have even become hostages in their own home, not answering their door or
the telephone for fear of some overzealous debt collectors.
At TFC Tricont Mortgage, we have a solution that can help you based on our customized Debt Consolidation programs, utilizing our
"Three Times Your Savings" specifically designed, developed and published in our "Low Rates Warehouse" to help reduce our consumers
debts and save them the most money, while at the same time consolidating the debts into one new low monthly payment. Call and let our
mortgage client advisors put you on our all new '"Financial Freedom Train" (FFT)..
Tricont customized Debt Consolidation products utilizes our,
"Low Rates Warehouse" to "Three Times Your Savings" while it:
1) Wipe out your high interest credit cards, auto loans and other debts
2) Improve your credit ratings and scores by eliminating previous late payments and charges
3) Replace your multiple payments with a new one low monthly payment
4) Get you on our all new financial freedom train (FFT)
Tricont Mortgage Blog
Tricont Site Index
Tricont HCN Daily
Education & Documentations
Tricont Debt Consolidation Loans _____ Thank You.
Tricont Mortgage lend throughout South Carolina, Anderson SC Mortgage, Beaufort SC Loan, Bennettsville SC Home Loans, Berea SC Mortgage Lenders, Bluffton SC Loans, Burton SC Real Estate Loans, Camden SC Loan Lenders, Cayce SC loan Brokers, Charleston SC Mortgages, Clinton SC Mortgage Home Loans, Columbia SC Foreclosure Home Loan
Notice *** Still not sure what to do? Call or Email us at (803) 317-2500 **_** or simply click here to complete our 3 easy steps mortgage questionnaire for a fee and rate offers. Thank you very much.