Hopefully my terms are correct in the title. I'm looking at getting a lower interest personal loan to pay off some credit card debt (loan will be lower interest than credit card) and I wondered if it would affect anything if I do it a few months prior to apply for a house loan? I just don't want it to have any harmful effects. Loan in the range of $8000, only other debt I have will be an auto loan around $5000.
Read more: Installment loan vs Credit Card debt prior to a mortgage loan?
