Debt

Customer Success Story: Anthia

Anthia was drowning in credit card debt and hoping to use her home equity to pay it off. When her mortgage company couldn't help, she turned to Unlock.

Should You Use Your 401K to Pay Off Debt?

Tapping your 401(k) plan to pay off debt can save you interest and improve your finances, but it also carries some pretty important consequences. We look at the pros and cons.

Good Debt vs. Bad Debt: How to Know the Difference

Not all debt is created equal. Some debt might be necessary to achieve long-term goals, while other types of debt can drag you down. We explain the differences.

What Is a Debt-to-Income Ratio and Why It’s Important

Your Debt-to-Income (DTI) ratio helps lenders determine whether and how much to lend to you. We examine how it's calculated and how to potentially improve your DTI.

Unlock Technologies Success Story: Kevin

Read about Unlock customer Kevin, a North Carolina retiree, who used our home equity agreement (HEA) to stop his debt spiral.

Weighed Down By Debt? Here Are Six Ways to Tackle It.

How much debt is too much debt? If debt is taking up a significant portion of your monthly income or making it impossible to save money, you may have too much. We look at six ways to bring your debt levels down.

What is a Debt Management Plan and Will it Work for You?

Debt management plans can help make debt easier to handle. We offer an overview of how they work.

Should You Use Your Home Equity to Pay Off Student Loans?

If you're a homeowner with student loan debt, you might consider using your home equity to pay off your loans. We look at the pros and cons of this approach.

How to Pay Off Credit Card Debt Without a Loan

You don't need to take out a loan to pay off credit card debt. We offer a list of alternative options

Unlock Technologies Customer Success Story: Joel

Credit matters. Just ask Joel, an Unlock customer in southern California. “I was in trouble with my credit card utilization* – to the point that...

Unlock Technologies Customer Success Story: Chanel

Chanel is proud of her work as a nursing assistant at a major university hospital system. So, the last thing she needed was a broken...

Unlock Technologies Customer Success Story: Theresa

"This company is extraordinary!’ So said Theresa B. about her experience obtaining her Unlock Technologies home equity agreement. The South Carolina resident was looking for...