Jean Chatzky Quotes:
Ocupation: Journalist
Life: b. November 7, 1964
Birthday: November 7
A consolidation makes sense only if you can lower your overall interest rate. Many people consolidate by taking out a home equity line loan or home equity line of credit (HELOC), refinancing a mortgage, or taking out a personal loan. They then use this cheaper debt to pay off more expensive debt, most frequently credit card loans, but also auto loans, private student loans, or other debt.
source: Source: www.nbcnews.com
topic: Consolidation, Home Equity
