Friday, July 4, 2014

Will taking out a loan be better or leaving outstanding debt.whih one would affect the mortgage rate?

I need to take out a loan of £17,000
I have outstanding debt of under 2000
and a pending monthly transaction of 200 (if i was to pay it off then it'd cost me 4000)

I have managed to save up enough money to get rid of my debt and pay off the 4000 as a whole

currently i have a mortgage and since mortgage rates are going up i want to get a fixed rate settlement

should i get a loan now or wait until im desperately in need of a loan?

And if so could you give me a quote on how much it would affect the mortgage

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