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Leopoldo Gonzalez

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Office: 407-856-5622 Cell: Info@amglenders.com

How To Consolidate Debt with a Refinance Loan

Americans have a lot of debt. As of mid-2019, U.S. borrowers owed a total of $1.4 trillion in student loans and another $1.07 trillion in consumer credit card debt. And then of course there’s the $1.28 trillion in auto loan debt. Add in first and second mortgages, home equity loans, boat and RV loans, medical bills and personal loans and it's clear that many Americans are carrying a heavy debt burden. If you are a homeowner and fall into that category, you might consider consolidating your debts by refinancing your mortgage. What is Consolidating? Consolidating your debt means ...

August 21st, 2019 | Refinancing a Home, Mortgage Advice, How To Consolidate Debt with a Refinance Loan