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News:
- Time to fix that Variable
- House Prices Update
- Lenders Waiving Early Redemption Charges
- Debt Consolidation
- Right Time to Remortgage?
- What would your family do if you were unable to work?
- Using that disposable income to protect your life and your home
- The importance of life insurance
- What is ASU?
- Victims of negative equity
- First Time Buyer
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- Debt Consolidation
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Debt Consolidation
Put simply, put all your debts together in one loan, your mortgage.
In the right circumstances this is very wise, by consolidating your debts you could possibly repay your debt over a longer period of time making your monthly payments more manageable.
Remember the pitfalls however, if your loan goes on for longer so does you interest. Always seek independent mortgage advice to ensure this is the right way forward for you.