I was looking through the internet the other day and came across several companies that offered some sort of financial debt consolidation for individuals that had High credit card bills, too many credit cards, payday loans or just wanted to consolidate several other loans in order to make one payment instead of several. I thought to myself where was this when my wife and I were in need of consolidation. We went through a company that took our credit cards and canceled all of them and negotiated new percentages with the companies. It was set up so that we could never use those cards again until the program was over. However, this puts a black mark on your credit record. If we had been given the opportunity to consolidate the loans instead then we could have not only got out of debt but improved our credit rating as well, instead of hurting it. What sparked the search in the first place is that we are currently working on a remodel of the house and thought that instead of doing it one room at a time we would take out one of those second home Mortgage Loans and just hire someone to do the remodel. This would improve or credit and get the house done in half the time. My wife and I anxiously want to get into a newer home and we know that we can not do so until we get our current house into better shape. I have also thought about seeing if I can refinance our home and trying to get a little more money there as well. It works out the same with the overall objective to get our home remodeled so that we can sell it. I haven’t decided just yet what to do and I am not afraid to take out a loan because in the end, I will get a better value out of my home when I sell it and I can turn that value around and pay off the loan, its a win win situation. So stay tuned and see what happens. I am sure that we will have before and after pictures of the whole event, those of you that know us know that my wife is a photo junkie.