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August 10, 2006
Mortgage Refinancing for Debt consolidation: Which Debts to Pay
Consumers who use debt consolidation loans secured on their homes are mortgage refinancing. The idea is to reduce your monthly payments and secure a lower interest rate by having all your debts, outstanding credit card balances and loans consolidated into one easy to manage loan with a better rate. Remortgaging your home for debt consolidation is a short term solution to save money on interest payments from expensive credit cards and personal loans. Think carefully before securing other debts against your home. If you do decide to refinance your mortgage it is important to prioritise what debts to pay off
From Mortgage Refinancing for Debt consolidation: Which Debts to Pay
Posted by Guido at August 10, 2006 04:35 PM
