Cash-Out Refinance Get Rid of Credit Card Debt For 2020

Get Rid of Credit Card Debt For 2020

Consumer debt – auto loans, student loans, and credit card debt – keeps rising, and doesn’t show any signs of stopping.  In September of 2019, Nerdwallet reported that credit card balances, or the amount carried month-to-month on balances, rose to $443.96 billion.  Americans are swimming in debt right now, and it’s not getting better as wages struggle to keep up with inflation.


It’s time to do something about it, and if you’re a homeowner in credit card debt, we may have the solution for you.


A Cash-Out Refinance can give you the financial flexibility to do a lot of things.  You can pay off your credit card debts. Home additions and repairs are a great use of your equity.  Or you can just put the money in your pocket and have a little cash on hand for a rainy day.


With the average household owing $6,849 in credit card debt, a Cash-Out Refinance is a debt relief that has an immediate effect on the quality of life.  Imagine not getting the bills in the mail, or the harassing phone calls from credit card companies.  Sleep better knowing that you’re not paying 27% interest on your credit card bills.  Get out there and enjoy your life knowing that you don’t pay an average of $1,162 every year just in interest. 


10% of all Americans that have credit card debt say that they will be paying this off for more than 10 years, and another 9% say that they will NEVER be done paying it. 


Think about that, and get started on your Cash-Out Refinance today.


Call the best mortgage lender in Alabama, Mike Carey’s Alabama Loan Experts Team in Gulf Shores (901) 619-3665 or visit AlabamaLoanExperts.com to apply now. Alabama Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Alabama Loan Experts.

Mike Carey

Mike Carey

As a mortgage professional with over twenty years experience, I understand the lending guidelines and keep up with the constant change in the industry. In my 20+ years of mortgage lending, I have helped thousands of buyers throughout the country. My specialties include all areas of lending from first time home buyers to seasoned buyers.

  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Alabama Mortgage Lender

Best Mortgage Rate Alabama

Alabama Home Loans & Mortgages

Best Home Mortgage Options For Ideal Borrower Situations

Pay Off High Interest Debt and Cash-out Equity In Your Home

Flexible Home Mortgage Guidelines With Attractive Rates

Refinance Your Current Home Mortgage Without An Appraisal

Higher-Dollar Home Loans From A Trusted Mortgage Lender

No Down Payment VA Home Loan For Military Veterans & Active Duty

Home Mortgage For Business Owners & Self-Employed

Get a 5-min Home Loan Approval & Close Your Mortgage in 14-days!

The Mike Carey Team – Offices Located in Foley and Orange Beach

316 McKenzie St., Suite 118
Foley, Alabama 36535

27250 Perdido Beach Blvd. #F3
Orange Beach, Alabama 36561