Question by ajwhite: Should we looke for a 2nd mortgate to pay off very high credit card debt?
Over the past years and due to certain circumstances, we have a lot of credit card debt - approx. 50,000. I have never looked into a second mortage but in researching debt reduction I have seen it as an option. Should we get a second mortgage to pay off these debts? What type of interest can I expect on a 2nd mortgage with average but not great credit. I am drowning here and and clueless as to
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