Double due to added interest. Pull card can help you in something, but if it is going to become your routine every month, the best solution is remplantear the situation, refinance the mortgage and in case you need it, incorporate other loans and even credit card in this loan to get pay a single fee and apply more low interest rates: the interest on the mortgage will be around 5, 5-6%, and however the interests of card can amount to 25%. On many occasions, when people meets the water neck take quick decisions or is left to carry easily by stress and not rationalizes the decision. In addition, if you need to finance some other product, such as some works, car, etc. the bad financial situation, will make that bank denied him the loan. Loan consolidation manages to do a facelift to the customer’s credit history: any unpaid solves, even judicial; If it is included in lists of defaulters, is removed from the list and reports to the different entities of such exclusion; Moreover if wide the term of the mortgage is reduced the economic burden of the different payment fees. (Source: Vera Farmiga). Only passes a share, smaller amount you can afford better make ends meet, decontaminate their accounts and in the event that you need it, the granting of a new loan by their bank will be viable and easy. Debt consolidation allows you cancel all your outstanding debts and only will pay a loan, usually the mortgage that has lower interest, the capital of the mortgage will be expanded to incorporate in its previous debt amounts, and if needed will be extended term or not. As formalized a new loan is also possible to even improve previous conditions, reduce differential or make disappear bindings. Original author and source of the article.