Inflation Rises while Savings Deplete. Here's a FAST solution!

Immediate household cash demands are rising, and I can make this easy!

Inflation equals downward spiraling savings accounts, while Americans look for quick and easy ways to access cash. Some banks offer personal loans, and these loans range anywhere from $5,000 to $50,000. Occasionally you can get north of that upwards to $100,000.

The hard part about personal loans, which in essence means no pledged collateral (like your house or a loan against your investment account) the rates can be high. It's a great way to grab cash fast and should be considered when your credit card rates could be over twenty percent.

In the history of mortgages, many people would go to what we call a "cashout refinance," where you pull money out of your home but jeopardize your current first-lien interest rate.??

Nowadays, some people are in the mid-two-percent range and do not want to lose this rate. So they are burning cash from savings, maxing cards, and not willing to redo the first mortgage with a cashout refinance. But the need for cash remains.?

Where many will say a home equity loan is a great option, it's tied to the prime rate, and the payments can change on you for the worse. I call this a wild card second mortgage.

The best option, in my opinion, is a fixed-rate 2nd mortgage. You can grab cash at rates lower than some cars and many credit cards and pay this balance off as fast as you want. The best time to get a mortgage like this is when you may not need it because we all know it's hard to find when you want something.

I turn to www.5MinuteHeloc.com, where you can find out in 5-minutes what your qualifications are. The best part is there is no appraisal, and once you are approved, you could get up to $400,000 into your account in 5 days! Yes, five days!

Check them out here and leave a comment on your experience below. www.5MinuteHELOC.com.