Thankfully for the financial services firms who help people use equity and other methods to reduce their debt, Newport Beach Consulting does a great job of screening qualified candidates for these services, thus making the companies who specialize in these financial services areas more successful and profitable. Given the reality that the average credit card interest rate is 15 percent, while the average mortgage is less than five percent, it would certainly seem like a great idea to transfer as much of that 15 percent debt as possible into five percent debt as possible.
The fine professionals at Newport Beach Consulting know what potential clients need to know to make a decision on which debt consolidation company each one should consider, to provide them with the greatest benefit. Since the average home gains as much as $15,000 in equity annually, it can often make sense for a homeowner to use their equity to pay down their high-interest debts. It’s not really so hard to imagine the savings when that happens. It can reduce your monthly outlay significantly.
Newport Beach Consulting is a marketing company that serves to help financial services companies bring in new customers, by providing them with qualified leads that could help these companies assist more people with getting their finances under control. The companies they work with tend to be those with a specialty of helping people eliminate their debt, or at least reduce it enough to make it less burdensome for them and their families.
The ability of a financial services and debt consolidation firm to make a profit and continue to provide services is to everyone’s benefit, and that is why Newport Beach Consulting is so important. Since the average credit card interest rate is 15 percent, and the average home mortgage is about one-third that or less, it usually makes sense for a homeowner to use some of their home’s equity to pay down some of their high-interest debts, especially credit cards, but also some auto loans and student loans. Right now, with mortgage interest rates hovering in the 4 percent range, which will represent a significant savings for most types of debt. It’s not difficult to imagine the savings when you drop a 15 percent credit card debt to 4 percent.
Thankfully for those financial services firms who help people reduce their debt, Newport Beach Consulting does a great job of screening qualified candidates for these services, thus making the companies who specialize in these financial services areas more successful and profitable. The fine professionals at Newport Beach Consulting know what potential clients need to know to make a decision on which debt consolidation company each one should consider, to provide them with the greatest benefit.
Over time, Newport Beach Consulting has strived to make a fun and productive environment for their specialists, whose primary job is to provide leads to companies providing mortgage refinance, debt consolidation and auto financing services to people, in a bid to lower debt and monthly payments for as many people as possible. This is an excellent time to refinance a mortgage. At least for the time being, mortgage interest rates are at their lowest rate in decades, which means they’re lower than many other types of debt.
Interest rates have been inching up lately, but there is still time to consolidate high interest debt into mortgage debt at much lower interest rates. The companies who rely on Newport Beach Consulting for leads are highly skilled and they can show almost any homeowner how to use a mortgage to pay off their high interest debt and make monthly payments they can afford, at the lower mortgage interest rate.
Instead of having write separate checks for the mortgage, each credit card, a car loan and a student loan, and instead writing a single check to pay everything at a lower interest rate. Not only that, but unlike all those other debts, mortgage interest is far more likely to be tax deductible. Given that the average credit card interest rate is 15 percent, and the average home gains as much as $15,000 a year in equity annually, quite often it makes sense to take some of the equity from your home and pay down some of your high-interest debts, it often makes sense to do so. Right now, mortgage interest rates around around 4 percent, which will represent a significant saving on most other types of debt.