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How to Negotiate a Settlement With a Collection Agency

If a past-due account ends up in collections, you can negotiate a settlement that is less than what you owe. Unsecured debt, such as credit cards, medical bills and personal loans can be negotiated ...


Home Equity Line of Credit Second Mortgage Rates HELOC Loans Mortgages Rate…

from Real Estate News and Advice -

If the Payment on Your Home-Equity Line of Credit Is About to Jump

Many people have borrowed under home-equity lines of credit that are about to require higher payments after an initial 10 years of only interest being due. Here are options to consider.

Foreclosure deals are out there — even if they're not as easy to find — if you can avoid all the costly pitfalls.

HOME EQUITY LOAN - A consumer loan secured by a second mortgage, allowing home owners to borrow against their equity in the home. The loan is based on the difference between the homeowner's equity and the home's current market value. The mortgage also provides collateral for an asset-backed security issued by the lender and sometimes tax deductible interest payments for the borrower. Also known as "equity loan" or "second mortgage". Via


The next option is a home equity line o credit in which the rate is adjustable and funds can be draw as per the need. The third type is where the borrower can use the equity of their home as a collateral factor.

Home Equity Line of Credit (HELOC) Loans Explained |


Interest rates are rising. Maybe I should trade my HELOC in for a morgage. Time to Take A Chance with my finances.