Posted on: 06th Nov, 2011 11:30 pm
Can consolidating the debt save me money? Can I consolidate my mortgage or only the credit card debts?
Hi Virginia,
Consolidating the debts will save you a certain amount of money. However, it should be kept in mind that you can consolidate your unsecured debts only. This will include your credit card debts, medical bills, student loans, utility bills etc. You cannot consolidate a secured debt like mortgage.
Take care.
Consolidating the debts will save you a certain amount of money. However, it should be kept in mind that you can consolidate your unsecured debts only. This will include your credit card debts, medical bills, student loans, utility bills etc. You cannot consolidate a secured debt like mortgage.
Take care.