In addition to reducing monthly payments, refinancing is a smart way of managing your debt. Credit cards typically carry very high interest rates, and the interest is not tax deductible. Therefore converting credit card debt to mortgage debt will allow you to use the interest paid as a tax write off, saving you money in more ways than one!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Tagged with: •

Filed under: blog

Like this post? Subscribe to my RSS feed and get loads more!