Recently Closed - Cash-Out Refinance in Downingtown, PA
By John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852
(Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI)
Recently Closed - Cash Out Refinance in Downingtown, PA Have you heard the latest news on consumer debt? Well, the gist is that it's high. Really high. Like, higher than it's been since before the 'Great Recession'. While mortgage debt and student loan debt are leading the way due primarily to the large loan balances usually associated with these types of debt, another class of debt has achieved all time highs, too. 'Revolving' debt, or it's more common name, credit card debt. Recently, a past client and friend reached out with some bad news - due to some medical problems in his family, kids in school, and a change in work situation, bills had stacked up and gotten out of control. The good news (GREAT news actually, I can't stress how important this next part is!!!) is...