Sunday, January 11, 2015

How to borrow money when my credit is maxed out?

I have three kids. First one is senior in college, second one is sophomore in college, and third one is junior in high school. I've been using my credit to borrow money to support the college tuition and housing. But my credit has been maxed out. The lender notified that I can't borrow anymore. But I still want my sons to continue their studies until they finish graduate schools. Is there anyway I can borrow more money? Or is there better way to solve the situation?
Added (1). Would it be a good idea to consolidate existing student loans with home mortgage? In this way I can free up some credit limits so I can continue to borrow?

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