MMA Benefits

Reducing monthly payments / including other debts

By admin ⋅ March 4, 2008 ⋅ Email this information ⋅  Print this post ⋅ Post a comment

The Money Merge Account is much more than just an accelerated mortgage payment option. Other debts (e.g. credit card balances, personal loans, overdrafts etc.) can be transferred to the Money Merge Account - which means you benefit from paying less interest on many of your debts instead of expensive, unsecured rates. The reduction on your minimum monthly payments can be significant.?And if you’re concerned about rolling all your debts into one big balance, don’t be. You’ll be able to break your debts into individual repayment plans. So you can have a plan for your mortgage, a plan for your credit card balance, and a plan for your loan. We’ll help you budget to pay off what you want when you want, and you’ll be able to see each element of your debt falling month-by-month in line with your plans.