Should I Refinance My Mortgage to Pay Off Credit Card Debt?
I have been considering refinancing my mortgage in order to pay off some of my credit card debt. I have been hearing mixed opinions about whether or not this is something that I should do. I would love some advice.
Thank you.
Answers
By Canadalend
Often when a client has bad credit they will have to go with a private lender, this does of course usually mean paying a higher interest rate but our agents are fantastic at doing the work and finding the best rate, even if it is with a private lender!
This is often a great option for clients looking to refinance their mortgage to pay off credit card debt. It's an option we see very often and our team of experienced private lenders can definitely assist you in finding the solution that best suits your needs.
More information about the mortgage refinancing services available to you can be found here:
You can also have a look at the following loan options for more details:
Contact a member of the Canadalend team today to learn more about the services we provide.