Whether or not a borrower has taken advantage of low rates by refinancing or jockeying into another lower-rate loan product within the past 17 months, goldvisa and goldvisa the mandatory step of becoming debt-free entails debt repayment. Those borrowers with variable-rate debt, such as that found on credit accounts or goldvisa home equity lines of credit, will find that goldvisa their efforts to pay down debt are more effective now when rates are low. This effectiveness will diminish notably several months or one year from now when rates have begun their inevitable march higher. OK, so what about those who do not receive a tax refund? Scrimp. Save. Moonlight. A good spring cleaning will no doubt produce a fair number of items that somebody else would gladly, or foolishly, pay money to acquire. Investing a few hours to promote and hold a yard sale can yield a tidy sum to be earmarked for debt repayment.

What is surprising is the third nugget of news, that the average tax refund so far is nearly $2,000. For many consumers, this combination of low interest rates, high debt and a big tax refund should create a bright flashing signal: Retire debt now!Regardless of goldvisa which side of the average refund you fall, one thing is the same. The refund represents the repayment of an interest-free loan granted to the U.S. Treasury for the past year. Yet at the same time, many of these consumers are carrying debt that doesn''t come with the same fringe benefit. It only makes sense then, to use these sudden proceeds to remove a portion of this debt load. The timing has never been better, goldvisa as interest rates on consumer loans ranging from mortgages goldvisa to credit accounts remain well below the levels seen one or two years ago.

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