Real value of consolidation
Cole Sanders
06 August 2008
Debt consolidation could appear to be a brilliant idea for shoppers juggling a mortgage, private loan and a Visa card, but the Finance Regulator has warned homeowners it'll cost more in the longer term. The new loan will last much longer than the original loans, costing more in fees. The mortgage calculator on itsyourmoney.ie will help you work out how consolidation will have an affect on your monthly repayment and how much interest you may pay overall. Under the Buyer Protection Code, a supplier offering a consolidation loan must give a written comparison of the total costs of this new loan, compared to your existing loans. Tesco Auto Insurance - Get a Quote Tesco Vehicle insurance - up to 15% discount when you purchase online. Telecommute Taking Surveys - Free Start earning rewards working from Home taking surveys.
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