Time to Regulate Credit Cards

Shawn Mooney - Bayfield Mortgage Professionals Ltd.

Should work a little harder at regulating unsecured high interest credit card debt and loosen up on mortgages. This article touches on that a bit. Way I see it is if you could borrow a little more against your house to pay these off then yes, you would have more mortgage debt but a way lower interest rates. I think it is two fold though, credit cards should be limited. 
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