{"id":1709,"date":"2023-12-12T15:51:53","date_gmt":"2023-12-12T15:51:53","guid":{"rendered":"https:\/\/remarkablemortgage.com\/?p=1709"},"modified":"2024-05-14T18:59:31","modified_gmt":"2024-05-14T18:59:31","slug":"about-those-eternal-credit-card-monthly-payments","status":"publish","type":"post","link":"https:\/\/remarkablemortgage.com\/?p=1709","title":{"rendered":"About Those \u201cEternal\u201d Credit Card Monthly Payments"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1709\" class=\"elementor elementor-1709\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e906fd2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e906fd2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-be2864d\" data-id=\"be2864d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-638e636 elementor-widget elementor-widget-image\" data-id=\"638e636\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"402\" height=\"302\" src=\"https:\/\/remarkablemortgage.com\/wp-content\/uploads\/2023\/12\/Eternal-credit-card-debt.jpg\" class=\"attachment-full size-full wp-image-1714\" alt=\"\" srcset=\"https:\/\/remarkablemortgage.com\/wp-content\/uploads\/2023\/12\/Eternal-credit-card-debt.jpg 402w, https:\/\/remarkablemortgage.com\/wp-content\/uploads\/2023\/12\/Eternal-credit-card-debt-300x225.jpg 300w\" sizes=\"(max-width: 402px) 100vw, 402px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a9a0ce elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8a9a0ce\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a4e0ab elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"0a4e0ab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b>About Those \u201cEternal\u201d Credit Card Monthly Payments<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The difficult reality is that costs are rising and fixed incomes are not. <\/span><span style=\"font-weight: 400;\">Credit card monthly payments are another cost that is rising. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Credit cards are never a first choice but they are quite often the last option when your fixed income does not equal your growing outflow.<\/span><\/p>\n<p><b>\u201c<u>Paying-on\u201d instead of \u201cPaying-off.\u201d<\/u><\/b><\/p>\n<p><span style=\"font-weight: 400;\">It is easy to see how the balance on revolving, or credit card debt grows; the interest is added, your required payment is deducted and the balance somehow continues to grow. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">After a short time you end up \u201cpaying-on\u201d a credit card with little hope of ever paying it off. A very insecure feeling.&nbsp;<\/span><\/p>\n<p><b>\u201c<u><i>Paying-off\u201d with what you\u2019ve already \u201cPaid-on.\u201d&nbsp;<\/i><\/u><\/b><\/p>\n<p><span style=\"font-weight: 400;\">When you access your home equity you can pay off credit card balances with money that you have already paid on, and earned through appreciation. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A Reverse Mortgage is a home-equity access loan.&nbsp;<\/span><\/p>\n<p><b><i><u>You can use and not lose what you have<\/u><\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">The bottom line of a Reverse Mortgage is this; you can responsibly access your own money and not risk the security of owning your home.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I would be happy to show you how that might work for you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mark Schmidt<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Remarkable Reverse Mortgage<\/span><\/p>\n<p><a href=\"mailto:mark@remarkablemortgage.com\"><span style=\"font-weight: 400;\">mark@remarkablemortgage.com<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">720-206-4539<\/span><\/p>\n<p><span style=\"font-weight: 400;\">NMLS 846014 CO 100037582<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;&nbsp;<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-613bf74 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"613bf74\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>About Those \u201cEternal\u201d Credit Card Monthly Payments The difficult reality is that costs are rising and fixed incomes are not. Credit card monthly payments are another cost that is rising. Credit cards are never a first choice but they are quite often the last option when your fixed income does not equal your growing outflow. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2337,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=\/wp\/v2\/posts\/1709"}],"collection":[{"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1709"}],"version-history":[{"count":19,"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=\/wp\/v2\/posts\/1709\/revisions"}],"predecessor-version":[{"id":2399,"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=\/wp\/v2\/posts\/1709\/revisions\/2399"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=\/wp\/v2\/media\/2337"}],"wp:attachment":[{"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/remarkablemortgage.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}