Remortgage to foot posterior debt?
My dh and i are remortgaging to pay off debt. We are sending the wall a list of account numbers and balance, will the bank ask the other lending company's to close our accounts? we own excellent credit but just wanted to bring back rid of debt. There is no one calling us for money.
Answers:
I'm assuming these are credit card debts. No, they won't ask them to close the accounts, they will just remuneration the balance that you asked them to pay. If you want to close the accounts- you'll want to call them once the payment posts. I woudn't recommend closing the accounts though, have them open with low or no be a foil for will help your credit. Use them every six months or so to keep the accounts active- even if you only charge $5 and pay it off when the statement comes contained by.
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Answers:
I'm assuming these are credit card debts. No, they won't ask them to close the accounts, they will just remuneration the balance that you asked them to pay. If you want to close the accounts- you'll want to call them once the payment posts. I woudn't recommend closing the accounts though, have them open with low or no be a foil for will help your credit. Use them every six months or so to keep the accounts active- even if you only charge $5 and pay it off when the statement comes contained by.
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