How To Protect Yourself From Zombie Debt
Money Rehab with Nicole Lapin
Money News Network
4.6 • 1.7K Ratings
🗓️ 31 October 2024
⏱️ 8 minutes
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| 0:00.0 | Money rehabbers, you get it. When you're trying to have it all, you end up doing a lot of juggling. |
| 0:04.8 | You have to balance your work, your friends, and everything in between. |
| 0:08.2 | So when it comes to your finances, the last thing you need is more juggling. |
| 0:11.8 | That's where Bank of America steps in. With Bank of America |
| 0:14.4 | you can manage your banking, borrowing, and even investing all in one place. Their digital tools bring everything together |
| 0:20.0 | under one roof giving you a clear view of your finances whenever you need it. |
| 0:24.2 | Plus with Bank of America's wealth of expert guidance available at any time you can |
| 0:28.6 | feel confident that your money is working as hard as you do. So why over complicate your money? Keep it simple with Bank of America, |
| 0:34.8 | your one-stop shop for everything you need today and the goals you're working toward tomorrow. |
| 0:39.2 | To get started, visit B of A.com slash new prose media. That's B.O.F.com slash N E. W. Pro's, P.R.O.S media. |
| 0:50.3 | B of A.com slash new prose media. |
| 0:55.0 | I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand. |
| 1:00.0 | It's time for some money rehab. Happy, happy, |
| 1:09.5 | happy, happy Halloween, money rehabers. |
| 1:11.9 | It is the spookiest day of all the |
| 1:14.3 | spooky season. So today I'm going to talk about something that actually |
| 1:17.4 | terrifies me. zombie second mortgages. Now what are these exactly? They do sound |
| 1:22.4 | made up but trust me they are very real |
| 1:24.7 | imagine this you're living your American dream you're paying off your home you're thinking |
| 1:29.0 | everything is going great and then whabam out of nowhere your past comes back to haunt you. |
| 1:35.2 | zombie second mortgages are those forgotten about second mortgages that you might have |
| 1:39.4 | taken out when you first bought your home, maybe even during those chaotic days of the 2008 financial crisis. |
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