How can I access a portion of the $750k equity I have in my $1.4m home to resolve $30k in debt? The bank won't lend more as my income hasn't increased I'm self-employed, business is strong and expect to have a great financial year with the recent launch of a second businesss. I have a slightly damaged credit score due to a judgment debt which has been settled. How can I resolve my situation to eliminate debt?
Talk to a mortgage specialist and borrow from a private lender, the interest rate will be more then the bank rate, but less then the rates on your unsecured credit.
Answered 8 years ago
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in