A Cash-Out Refi Could Save You Thousands!

How much credit card debt is too much?

Credit card debt has a sneaky way of accumulating and wreaking major havoc in many aspects of your life. Since credit cards are considered revolving debt, your minimum payment increases the more you charge. The only way to pay off credit card balances is paying significantly more than just the listed minimum payment. Credit cards come with very high interest rates and if not managed properly, you end up paying much more than your initial purchase and suffering the consequences that come along with borrowing their money.

In today’s economy, credit card debt can slowly take over your budget. Minimum payments can eat up all your cash flow and leave you struggling to cover daily expenses.

There is a fine line between getting by and financial dire straits.

Review the questions below. If you answer “yes” to more than half, please give yourself the opportunity to see how we can help you achieve financial freedom.

1. Do you have more than 3 credit cards that total $10,000 or more?
2. Does your credit card debt exceed 30% of the credit card limit?  (Example: Your limit is $10,000 on your VISA card and your monthly balance is $3,100.)
3. Have you carried credit card balances for over 6 consecutive months?
4. Do you feel that your credit card debt has put a strain on you and your family?
5. Has your Savings account depreciated in the last 6 months?

As always, it costs zero to find out with zero obligations on your part. We promise you will never have any out-of-pocket expenses or costs to see what we can possibly accomplish to help you reach your financial goals!