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2. Should you use your home equity to pay off high-interest debt?

   www.aol.com/finance/home-equity-loan-pay-off...

   Facing down high-interest debt can seem like an impossible hill to climb. If your debt feels insurmountable, you’re not alone. Overall debt in the U.S. rose 4.4% between 2022 and 2023, according ...

3. 5 debts to prioritize paying off before retirement - AOL

   www.aol.com/finance/debts-to-pay-off-retirement...

   After personal loans, focus on paying off auto loans next if it makes sense. The average car loan rate is 8.40% for five-year terms and 8.76% for six-year terms, with the average loan balance ...

4. What is debt forgiveness? - AOL

   www.aol.com/finance/debt-forgiveness-202301471.html

   Foreclosure: When you’re unable to make the agreed payments, and loan modifications or bankruptcy are no longer an option, the bank may move to repossess your home and collect whatever it can by ...

5. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   Once the Borrower(s) receives the two letters providing a time period to reinstate or pay off their loan the lender must wait until that time expires in to take further action. When the 10 or 30 days have passed that means that the acceleration has expired and the Lender can move forward with foreclosing on the property.

6. Down payment - Wikipedia

   en.wikipedia.org/wiki/Down_payment

   In the United States, down payments for home purchases typically vary between 3.5% and 20% of the purchase price. [1] The Federal Housing Administration has advocated lower down payments since its inception in 1934, and, currently, borrowers that qualify for an FHA loan pay only 3.5% for a down payment.

7. Should you use a home equity loan to pay off an auto loan?

   www.aol.com/finance/home-equity-loan-pay-off...

   Using a home equity loan to pay off a car usually isn’t advisable. ... Risk of foreclosure: If you are unable to make your monthly payments and get too behind on the debt, ...