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Switch from repayment to interest only??
molly73
Posts: 78 Forumite
My IFA has advised me to switch from repayment to interst only to free some money to help clear a credit card debt. I have been advised that I will still have my fixed rate period and it cost £10 to do so.
:beer:
:beer:
"Anyone can be great with money. With money, greatness is not a talent but an obligation. The trick is to be great without money" Husband BR Friday 13th June 07 .. still not finalised..
:eek:
:eek:
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JoeKI am an Independent Financial Adviser.Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.0 -
Do you think thisis a going idea, any words of warning ?"Anyone can be great with money. With money, greatness is not a talent but an obligation. The trick is to be great without money" Husband BR Friday 13th June 07 .. still not finalised..
:eek:0
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