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What are the advantages of consolidating my current debts in refinancing my mortgage?

April 26, 2017advantages consolidating debts mortgage refinancing

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What are the advantages of consolidating my current debts in refinancing my mortgage?

1 Answer

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10 Posted

You could save a significant amount if you consolidate all you loans with high interest rates and all your credit card balances with your mortgage loan. The interest rate of your mortgage is usually far lower than the cumulative rates of your different loans. In addition, the consolidation simplifies the process by leeting you handle all debts with a single payment planification.