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i_n33d_help

Can someone please help?

I am usually pretty good at sorting these things out myself but would appreciate some help on this one. Sorry if this is a bit long winded!

I have recently remortgaged as my last mortgage deal came to an end. I borrowed more on the new re-mortgage (which is in joint names with my boyfriend) in order to pay off my credit cards and bf loan.

I have a 25k unsecured loan with Northern Rock which has a balance of 27,700 and a settlement figure of 21,500, interest rate is 7.6%, term is 10yrs with 8yrs left.

We were not able to borrow enough on the re-mortgage to pay off the loan in full. We paid off credit cards and bf loan as they were the highest interest.

We have 10k left, if I pay this 10k off the loan, it will take the balance down to 17,700, I have checked with Northern Rock and they have advised that if I pay 10k off the loan the monthly payments will remain the same, but will reduce the term, which is no good to me as the whole point in me paying off things with the mortgage money is to reduce our monthly outgoings.

In hindsight it would have been better for me to pay off the loan in full first and get another loan to pay off cards, but too late now!

What I thought was, if I apply for an unsecured loan for 11,500 add that to my 10k will pay off the Northern Rock loan in full, leaving us with just a mortgage and a 11,500 loan (maybe joint or single application, dont know yet).

I have just veiwed my credit report online and can see all the debt which I have just paid off as still existing, so I am assuming the credit reports are a couple of weeks behind?

As I was paying off my cards in full I was a couple of days late paying 2 of them.

So my question is, do I wait until my credit report has been updated to show that I have cleared my credit card debt and closed the accounts, risking it showing that I was late paying 2 cards, or do I go ahead and apply for the 11,500k loan now, whilst it still shows my debt, but no late payments.

Plus, would it be better to do a joint or single application? My bf has nothing on credit at all, the only thing he has is our mortgage.

I am now stuck! Do I apply now or wait, do I do a single application in my name or bf name or in joint names? please help me - my head hurts