Calvin Liew asked 1 year ago
hi, can I understand better whether can I consolidate my credit card, and spouse credit card debts into my homeloan?
1 Answers
KCLau Staff answered 1 year ago
It is a good debt consolidation strategy. You essentially consolidate the high-interest, short-tenure loan (e.g. credit cards) into low-interest & long-tenure mortgage (e.g. housing loan).This will help ease your cash flow and reduce your interest cost immediately.