Credit repair is as important as getting out of debt
If you are thinking about a Home Equity Loan to get out of your current mortgage, don't. Why? Simply because most Home Equity Loans get you deeper in debt and once you are obligated you will find the problem is more complicated than when you applied for the loan.
What is your name worth
Need a loan? Probably at some point in your life you will. If not now, perhaps later. Maybe you want a car, a house, a credit card. Cars use leases, houses use mortgages.
Should we believe the experts? (Part II)
Why do we use experts? To predict the future. Should we believe these experts? History tells us that accurate predictions of the future are rare. Many examples exist where the brightest and most qualified individuals failed to see the future.