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  • FIRST POST
    • VodkaRedBull
    • By VodkaRedBull 7th Oct 16, 6:15 PM
    • 3Posts
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    VodkaRedBull
    Credit card balance add to mortgage?
    • #1
    • 7th Oct 16, 6:15 PM
    Credit card balance add to mortgage? 7th Oct 16 at 6:15 PM
    Have a credit card balance of 3,400 can I add it to my mortgage and close credit card account down?
Page 1
    • zx81
    • By zx81 7th Oct 16, 6:36 PM
    • 16,832 Posts
    • 17,836 Thanks
    zx81
    • #2
    • 7th Oct 16, 6:36 PM
    • #2
    • 7th Oct 16, 6:36 PM
    What did your mortgage lender say?
    • VodkaRedBull
    • By VodkaRedBull 7th Oct 16, 7:02 PM
    • 3 Posts
    • 0 Thanks
    VodkaRedBull
    • #3
    • 7th Oct 16, 7:02 PM
    • #3
    • 7th Oct 16, 7:02 PM
    What did your mortgage lender say?
    Originally posted by zx81
    not been yet as it will surely be another hard search on credit, thought I would come to the best place for advice before I ask or not, thanks for reply tho, what you think I should do?
    • Nebulous2
    • By Nebulous2 7th Oct 16, 8:09 PM
    • 1,870 Posts
    • 1,125 Thanks
    Nebulous2
    • #4
    • 7th Oct 16, 8:09 PM
    • #4
    • 7th Oct 16, 8:09 PM
    You need to work that out for yourself. Normally people are not encouraged to turn unsecured debt into secured debt - as it puts your house at risk. Generally for what is a relatively low level of debt the best way would be to go for a 0% balance transfer card and pay it off as soon as possible.
    • Dan83
    • By Dan83 8th Oct 16, 3:00 PM
    • 646 Posts
    • 259 Thanks
    Dan83
    • #5
    • 8th Oct 16, 3:00 PM
    • #5
    • 8th Oct 16, 3:00 PM
    Don't just get any 0% balance transfer card, look for a card that also has 0% fee
    • jonesMUFCforever
    • By jonesMUFCforever 8th Oct 16, 6:38 PM
    • 24,766 Posts
    • 11,976 Thanks
    jonesMUFCforever
    • #6
    • 8th Oct 16, 6:38 PM
    • #6
    • 8th Oct 16, 6:38 PM
    I don't see any mortgage lender agreeing to lend such a small sum on a mortgage - the actual cost to them setting it up is not worth their while.
    What goes around - comes around
    give lots and you will always receive lots
    • chelseablue
    • By chelseablue 10th Oct 16, 10:01 AM
    • 2,413 Posts
    • 2,889 Thanks
    chelseablue
    • #7
    • 10th Oct 16, 10:01 AM
    • #7
    • 10th Oct 16, 10:01 AM
    Could you get a 0% card and do a balance transfer


    3.4k isn't that big a debt (if that's all you owe of course)
    Mortgage starting balance 231,000
    Mortgage after Year 1 225,000
    Mortgage after Year 2 218,000
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