Need help please...possibly no cost loan?
am 26.07.2005 23:36:15 von kblitz9Hi all.
I have 36k in CC debt paying obscene finance charges.
I also have 17k in a car loan
I own a condo and want to take out some sort of home equity loan to pay
off these debts.
I have excellent credit.
I am selling my condo in about a year where I will profit at least
125k. So I am able to payoff this loan on the sale.
I was told a no cost loan would be ideal. There is not upfront costs.
Yes, I will be paying slightly more per month because of a higher
interest rate...but i will only be holding onto my condo for 1 more
year so the savings up a couple grand upfront seems logical.
Any suggestions are greatly appreciated as well as opinions on a no
cost loan.
thank you.