Consolidating credit card debt into your mortgage

Please do your homework and let us know if you have any questions or concerns.

This can be very attractive, particularly to those with sufficient home equity.

But before you sign on the dotted line of your new loan or refinancing agreement, make sure you know how debt reshuffling will affect your bottom line.

You’re better off exploring federal repayment programs or student loan refinancing to make payments more manageable.

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On the contrary, there are no such limitations when deducting the interest of a mortgage payment.

Last modified 18-Sep-2019 07:50