Debt Consolidation?

Hi ! are you thinking about securing debt against your house ?...if so this isn't a bad thing....if you are a serial borrower then this shows up in your credit file and if your application was referred then a underwriter will es whether they think you are high risk or not. You just need to think about the implications- if you can't afford the payments repossession proceedings start after just two months of non payment. If you are comfortable with the new payments and will not start spending on cards again then this is a good solution you can take a rate where you are not tied in and can over pay if you wish, taking the overal costs of borrowing down.