I read today about combining debts into a home loan. I immediately shared it with J and we decided to call our bank to inquire. We were told that we can't do that at the moment because if we did that would put our total loan to more than 80% of the current valuation of our property. This rule apparently took effect in November last year.
Dang. That would've been sweet to have!
So, we have thought of transferring our balance to another card. We have been aggressively paying our card debt but the interest rates are killing the effort. At this time we are hoping for the transfer to be approved so that our 6-month plan to kill debt will bear more fruit. We went to Interest to compare cards and we chose The Warehouse's Low Interest Kete Card. Let's see what happens.