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Xfr balances to mortgage?
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Klug
Posts: 216 Forumite
in Credit cards
Hi all
Looking for some advice please. A year ago we had an extension built
which no surprise ran over budget by about 7K. We had to manage it
with our c/cards and are left with high balances.
Would it be adviseable to xfr the c/card balances to the mortgage as we are struggling with the repayments on the c/cards? After all it is a growth to the home? Was hoping to manage the card balances but they are not going down very much.
Many thanks for any advice given...
Looking for some advice please. A year ago we had an extension built
which no surprise ran over budget by about 7K. We had to manage it
with our c/cards and are left with high balances.
Would it be adviseable to xfr the c/card balances to the mortgage as we are struggling with the repayments on the c/cards? After all it is a growth to the home? Was hoping to manage the card balances but they are not going down very much.
Many thanks for any advice given...
0
Comments
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This would mean remortgaging altogether. The interest would be cheaper on the surface of it but you would pay more interest as you would like at a longer term to pay it off. If your credit files in tact why not try for a 0% balance transfer card?0
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