What is the benefit of using the equity in my home?
1. The interest is typically much lower than the interest charged on other types of loans. 2. The interest may be considerably lower than the 10% per year that is accruing on your unpaid child support debt. 3. Unlike the interest you pay for child support, the interest paid on a refinance may be tax deductible! (See your tax preparer to see if you qualify.
• The interest is typically much lower than the interest charged on other types of loans. • The interest may be considerably lower than the 10% per year that is accruing on your unpaid child support debt. • Unlike the interest you pay for child support, the interest paid on a refinance may be tax deductible!