Consolidating debt with your mortgage

20-Oct-2019 18:15

Sometimes if you have bad credit, it might be difficult to get a debt consolidation loan, so using home equity could be another possibility.

Check with a Credit Counsellor to make sure that you choose the right option.

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It may allow you to keep a low interest rate, only have one mortgage payment and still give you funds to pay off other debts.It is very hard to get ahead paying really high interest rates.

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