When Money Is Tight, These 9 Companies Might Be Able To Help
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(We’ve updated this article to 2 from 9 on September 2, 2022.)
Everyone faces hard times at some point in their lives. If you’re finding that money is a little tighter than usual, it can be stressful trying to figure out how to cover bills, make your money go further, and continue saving for the future.
Fortunately, there are multiple ways to bounce back and gain control of your finances again. Here are four companies that might be able to help you do it!
1. Use the Equity in Your Home to Get Your Hands on a Large Amount of Cash
Ksenia Balandina on Unsplash
Although money might be tight, you probably have a large amount of money tied up in your home. Did you know that you could use this equity to get a large amount of cash in hand with a cash-out refinance?
A cash-out refinance is the process of replacing your current mortgage one with a larger mortgage (ideally, one with a lower interest rate). The difference between the two mortgages represents the amount of cash you’ll have access to; and you could use this cash to pay off all of your debt, pay outstanding medical bills, fund your child’s education, or just about anything else you could imagine.
New American Funding is a company that makes checking your cash-out refinance rates easy. All you have to do is fill out a brief questionnaire — providing some basic information about your property and the amount of cash you need — and the company will show you your offer in less than two minutes.
Don’t wait to get relief from your current financial situation. Check your cash-out refinance rates from New American Funding in less than two minutes, and finally get your hands on the cash you need to get back on track.
2. Use Your Home To Get A Lower Interest Loan
Rowan Heuvel on Unsplash
Being a homeowner has its perks. One of the more overlooked opportunities is the ability to get access to money that can be used for all sorts of purposes — fixing up your home, paying medical bills, or funding a family vacation! Basically whatever you want.
That’s exactly what you get with a home equity loan. A home equity loan is a lower-interest loan that uses the equity in your home as collateral.
LendingTree is an online marketplace that could help you get a large sum of cash against the equity in your home.
Plus, they make the process incredibly easy. Just answer a short questionnaire and in under 2 minutes they’ll show you multiple options and your potential interest rates.
Check your rates now with LendingTree and see how you can use your status as a homeowner to get the money you need!
