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Bad Credit Mortgage Refinance

Bad Credit Mortgage Refinance . If your credit has gotten out of hand, it may be time to consider refinancing your existing mortgage for several reasons. First, you can use the equity from your existing mortgage to catch up and even pay off credit cards and other debts that have stacked up. If your mortgage is one of the bills that.s fallen behind, refinancing could bring the loan current, lower your monthly payments and even garner some extra cash for other bills . a good solution if the problem is a short-term cash flow issue.