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Did You Know That The Average American Household Has 13 Payment Cards — Including Credit Cards, Debit Cards, And Store Cards? Plus, There Are 1.3 Billion Payment Cards In Circulation In The United States Right Now. And, On Average, Americans Carry About $5,800 In Credit Card Debt Month To Month. If One Were To Make Only The Minimum Payment On That Debt Each Month, It Would Take 30 Years To Pay Off — Including An Additional $15,000 In Interest. Welcome To DebtConsolidationSite.com. We'll Provide You With Articles, Tips, And Tools That Will Help You Regain Control Of Your Credit. As you explore this site, you'll discover...
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Everything You Must Know About Debt Consolidation Loan Rates, Student Loan Debt Consolidation, Debt Consolidation Mortgage Loans, Credit Card Debt Consolidation Loans, And Debt Consolidation Loans For People With Bad Credit.

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A Simple Debt Consolidation Loan Can Save You Money Immediately And Even Stop Foreclosure.

Author: Keith Hunt


Many people contact us when they are 30, 60 and 90 days in their mortgage payments.
If they are this late with their house payment they are generally behind with the car and have several credits cards that are maxed out.

A simple debt consolidation loan would take of all these troubles. By using the equity in your home all the debts would be paid off and you are left with a clean slate and generally spending less money every month.

One benefit to a debt consolidation loan that often overlooked is the tax advantage. Interest on a home loan is tax deductible where interest on credit cards and cars are not.

Our office received a call early one morning from a man desperate to save his home and needed foreclosure help. He was already 90 days late on his mortgage and desperately needed to refinance and pull out money to pay off enormous debts.

He had just started a new job where he actually was making less money than before, and was in a real financial bind. His poor credit made it difficult for him to even qualify for a loan, let alone a low interest rate. To make matters worse, the next day he received a notice of default on his property.

This man was worried that his family would have no place to live. He was reassured that we would save his home and help him through this difficult ordeal.

We began immediately researching ways to help this client and found a lender willing to work with him and save his home just in the nick of time. His mortgage payment stayed about the same and he was able to pay off more than $25,000 in other debts, which alleviated several hundred dollars in credit card payments every month.

More importantly, this man's house was saved and his family was in a much stronger financial position.

“A bank is a place that will lend you money, if you can prove that you don’t need it,” Bob Hope once quipped. But when you are going through a bad financial spell, you need an institution that will stand by you.

Banks tend to make loans that are risk-free to them. It is hard to imagine that any bank would have helped him in this situation. But as a nationwide mortgage banker we have ongoing relationships with lenders that specialise in different types of loans. This knowledge allowed us to help a client save a family home from certain foreclosure.

Although we have the ability to help in extreme situations such as this, we highly recommend that homeowners take action long before desperation sets in.

For more information please go to: http://www.GoldMedalMortgage5.com/Debt_Consolidation_Loans.htm
GoldMedalMortgage.com a nationwide home mortgage loan company, powered by Infiniti Mortgage Capital, also offers a full range range of mortgage products including first time home buyer programs.

For immediate assistance to stop foreclosure please call toll free 1 888 483 2500

About the Author

Camelot Marketing is a full service agency for small to mid-size clients.

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Note from the publisher


Recently, an interesting email came across my desk. I'll paste it below. Check it out...


Dear Anthony-

HELP I am in over my head and I obviously need help. I owe just over $12,000 on two credit cards.  I know in the past you recommend debt consolidation.  But, I have read about of the SCAM artists out there.   Is there someone I can talk to that you recommend?     -Dan, New York


There are a lot of things to watch out for when it comes to debt consolidation.  I have a company I wholeheartedly recommend to others in need of help.  I find them fair, easy, and they don’t use “high-pressure” tactics. Press the link below to check them out now.

Everything You Must Know About Debt Consolidation Loan Rates, Student Loan Debt Consolidation, Debt Consolidation Mortgage Loans, Credit Card Debt Consolidation Loans, And Debt Consolidation Loans For People With Bad Credit.