Debt Refinancing | Discover How To Refinance And Lower Your Home Loan Debt<title> <meta name="Description" content="Debt refinancing means finding a new loan at a new lower interest rates to replace an existing financial obligation or home loan. Discover more here."> <meta name="Keywords" content="debt refinancing"> <meta http-equiv="Content-Language" content="EN"> <meta name="distribution" content="Global"> <meta name="robots" content="index,follow"> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> <link href='http://fonts.googleapis.com/css?family=Merriweather' rel='stylesheet' type='text/css'> <link href='http://fonts.googleapis.com/css?family=Lora' rel='stylesheet' type='text/css'> <link href="/text/text_small.css" rel="stylesheet" type="text/css"> <link href="/text/financialwidget.css" rel="stylesheet" type="text/css"> <script type="text/javascript" language="JavaScript" src="/js/financialwidget.js"></script> <script type="text/javascript" language="JavaScript" src="http://ajax.googleapis.com/ajax/libs/jquery/1.5.1/jquery.min.js"></script> </head> <body background="../images/bg-1.gif" class="sr" leftmargin=0 rightmargin=0 topmargin=0 bottommargin=0 marginheight="0" marginwidth="0"> <h1>Debt Refinancing | Discover How To Refinance And Lower Your Home Loan Debt</h1> <table width="773" border="0" align="center" cellpadding="0" cellspacing="0" bgcolor="#CCCCCC" class="sr"> <tr> <td colspan="2" valign="top" bgcolor="#FFFFFF" class="sr"><a href="http://www.badcreditlender.net/"><img src="http://www.badcreditlender.net/images/header-b.gif" width="772" height="100" border="0"></a></td> </tr> <tr> <td colspan="2" valign="top" bgcolor="#FFFFFF" class="sr"> <table width="100%" height="50" border="0" align="center" bgcolor="#2B2D2A"> <tr> <td width="16%" align="center" valign="middle"><a href="http://www.badcreditlender.net/badcreditlender/apply-for-loan.html" class="style2">APPLY TODAY</a></td> <td width="1%" align="center" valign="middle"><img src="../images/nav-line.gif"></td> <td width="21%" align="center" valign="middle"><a href="http://www.badcreditlender.net/badcreditlender/articles.html" class="style2">MORTGAGE LOANS</a></td> <td width="1%" align="center" valign="middle"><img src="../images/nav-line.gif"></td> <td width="23%" align="center" valign="middle"><a href="http://www.badcreditlender.net/badcreditlender/bad-credit-loan-articles.html" class="style2">BAD CREDIT LOANS</a></td> <td width="1%" align="center" valign="middle"><img src="../images/nav-line.gif"></td> <td width="22%" align="center" valign="middle"><a href="http://www.badcreditlender.net/badcreditlender/hard-money-loan-articles.html" class="style2">HARD MONEY LOANS</a></td> <td width="1%" align="center" valign="middle"><img src="../images/nav-line.gif"></td> <td width="14%" align="center" valign="middle"><a href="http://www.badcreditlender.net/badcreditlender/loan-tools.html" class="style2">LOAN TOOLS</a> </td> </tr> </table> </td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" class="sr"><br><table width="96%" border="0" align="center" cellpadding="4" cellspacing="0" class="sr"> <tr bgcolor="#f3f3f3"> <td height="15" align="left" valign="top" bgcolor="#466F9C" class="sr"><h2>Home Loan Debt Refinancing</h3></td> </tr> <tr bgcolor="#f3f3f3"> <td height="20" align="left" valign="top" bgcolor="f3f3f3" class="sr"> <h3>Basics Behind Debt Refinancing</h3> <p><strong>Debt refinancing</strong> means finding a new loan at a new lower interest rates to replace an existing financial obligation or home loan. It may be common knowledge that if you, as a borrower, consolidate debt, your debt inevitably shrinks. Also, it is possible for you to consolidate debt by yourself, without the aid of professional <a href="http://www.badcreditlender.net/badcreditlender/debt-consolidation.html">debt consolidation</a> services or debt counseling. However, you need to be aware that this may not be the best option. Evaluate your personal financial situation before deciding whether or not to take this route.</p> <table width="750" border="0" align="center" cellpadding="0" cellspacing="0"> <tr> <td width="71%" align="center"><iframe name="Frame1" SRC="http://e.ertile.com/cgi/r?;n=203;c=371485;s=5925;x=7936;f=200802271155280;u=j;z=TIMESTAMP;" height="608" width="512" style="background-color:#FFFFFF"></iframe> <BR> </td> <td width="29%" align="center" valign="top"> <img src="http://www.badcreditlender.net/images/graphic_quotes.jpg"><br> <img src="http://www.badcreditlender.net/images/graphic_family.jpg"> </td> </tr> </table> <h4>Debt Reduction – A Do-It-Yourself Technique?</h4> <p>For homeowners, equity is the value of the home less the amount of debt. In most cases, it is wise to pursue a home equity loan for both debt reduction and debt consolidation. In other words, various debts, including credit debts, will be consolidated into a single loan, making them much more manageable. <a href="http://www.badcreditlender.net/badcreditlender/home-equity-loan.html">Home equity loans</a> are seen as a form of bad credit debt consolidation for multiple reasons. Borrowers find them attractive because they are generally inexpensive, carry low interest which is usually tax deductible, and relatively easy to obtain. As a homeowner, you should know that using your home as collateral can be risky. Be sure that the option you chose is one that you will be able to make monthly payments on.</p> <h4> A Little More Credit and Debt Counseling</h4> <p>There are other ways to go about debt elimination and consolidation on your own. You can also get approved for a credit card with low interest and low fees. From there, you should transfer all other outstanding balances to this card so that you will have just one bill to pay each month. Ultimately, this is the best option if you come across a credit card that offers a relatively lower introductory rate, then a low fixed rate after a specified length of time. You will need to make sure, though, that the card carries a high enough limit to accommodate the balances you transfer to it.</p> <h4>California Debt Consolidation</h4> <p>California Debt Consolidation offers a few other options as well. For instance, you could get approved for a secured loan, using something of high value as collateral, or pursue a personal loan, using the money from the loan to consolidate your debt. Based on your financial situation, there are various ways of tackling the debt settlement issue. You can obtain debt consolidation quotes from various lenders, compare them, and see which low-cost loan is right for you. Then you can go ahead and consolidate your debt into one account with a lower interest rate.</p> <img class="noborder" style="border: 0pt none; float: center; padding: 15px 0px 15px 15px;" src="http://www.replacementwindowsconnect.com/images/horiz-line.gif" alt="" /> </div> </div> </td> </tr> </table></td> </tr> </table> </body> </html>