I should..? My house is worth approximately £200,000 pounds and I have a small mortgage for £30,000 I recently became self employed and needed to borrow to finance a car and some business premises, plus I have to pay the bills. Hence the credit cards have started to creep up. i.e. I owe £30,000 to c.card companies and bank loans. What should I do my income hasn't really taken off and my advicer says that's ok I can do a projection and he can sort a mortgage out for me. Can you help?

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Since your income really hasn't taken off yet - I would advise you to speak to this adviser and let him do this projection - and look at every angle - esp. the fact that what happens if your salary does not take off for a very long time - can you and will you run into trouble?

Once you pay off your credit card debt - are you going to make certain that you only use the credit cards in extreme emergencies? or will you go back to using them for just about every purchase you make?

If you default on the loan - you can lose your house - so give that lots of consideration and make certain that you can keep on top of this loan - should you decide to take it.

Good Luck!

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well im no professional but the best way 2 start paying of ur credit card debt ( assuming you have more than one) is by first and foremost making a chart which tells you how much you owe each credit card and the percentage of interest on each card.then choose the card which has the lowest amount and pay that first.as it is a smaller amount it wil get paid sooner.that way even though it wil take some time u can close all ur cards.dont make the mistake of remortgaging ur house 2 pay for ur cards.it will never end.

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hey we got solution for you please do contact
connectbpo@gmail.com leave your contact number and all

Yes its a good option because Interest rates on unsecured loans and credit cards tend, in the main to be higher than on a mortgage.Raising enough money by remortgaging to pay these debts off could therefore be a solution.

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Debt Relief Debt Counseling

Hi,
The best way to start paying of ur credit card debt, assuming you have more than one is by first and foremost making a chart, which tells you how much you owe each credit card and the percentage of interest on each card, then choose the card which has the lowest amount and pay that first.

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Scottsdale Homes for Sale

Hi everyone,

How are you all doing today ? I am new to this forum so I thought I’d introduce myself, My name is Nick and
I'm a digital marketer, I’ll be popping in from time to time to say hello so
please feel free to contact me with queries or any questions etc. and I will pick up on them the next time I drop by.

Thankyou very much


Hope to hear from you soon.


Kind regards




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