If youve tapped traditional sources for extra cash, you may be eyeing your upcoming bills with dread.
Where are you going to come up with the money?
Here are four to consider.
This key in of refinancing usually lowers the monthly mortgage payment.
No Interest Til Almost 2027?
Pros:Refinancing could save you money on your mortgage payments if you go the traditional route.
Did you know?
Depending on how much equity you have in your home, you could potentially qualify for thousands of dollars.
Con:If you dont make regular payments on the loan, the equity lender can take your home.
And if youve been working toward paying off your mortgage, youll lose the built-up equity in your home.
But if you need cold, hard cash, acredit card cash advancemay be an option.
And withcompounding interest, you could be paying for this cash influx for a long time.
Additionally, cash advance limits are typically much lower compared to your other options.
Tiffany Wendeln Connors is a staff writer/editor at The Penny Hoarder.
Readher bio and other work here, then catch her on Twitter @TiffanyWendeln.
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