VA Debt Consolidation Loan: The mother of all loans
After Dad retired from the US Marines, I knew things were going to be less than perfect, especially when it came to expenses. Mom wasn’t any younger and soon she, too, would retire from her job as a teacher. Thing is both of them were too proud to take money from me or my brother and instead took a mortgage out on the house as well as some other loans.
Dad’s best friend noticed my frustration so he told me the secret to his own financial peace of mind: VA Loan Rates. He told me to help my parents sign up for a VA Debt Consolidation Loan, a feat I knew my loan-loving parents would agree to quickly. Being the skeptical person I am, I wanted to investigate this further before doing so.
The website explained how VA Loan Rates helped veterans and service members combine different loans into a single home loan, thus lowering monthly payment and the overall interest rate. Plus, with this system, my parents could pay only once rather than have multiple payments to different companies. Despite my disapproval for loans, this was one loan I egged my parents to make, which is a decision I had not regretted so far.