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My outgoings – mortgage, credit cards, bills and loans are more than my income – why would remortgaging be a good idea for me?

April 26, 2017bills credit cards good IDEA income Loans mortgage outgoings remortgaging

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My outgoings – mortgage, credit cards, bills and loans are more than my income – why would remortgaging be a good idea for me?

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Re-mortgaging will enable you to combine all of your monthly payments into one. You may also be able to spread your debt over a longer term which should then reduce your monthly payments and the interest rates you will be paying on the money you have borrowed.