:Handle Interest is a mortgage loan that encourages paying off one debt . . The interest only mortgage and the credit card debt . It would seem that in this century we’ve managed to take every form of credit possible, extend it to the limit, and then look at them .

More consumers than ever before owe massive credit card debt. interesting spin on an already risky product, let’s give the bad credit crowd a chance to make an even worse decision, and finance a home they can’t really afford and obviously will have trouble making on time or dependable payments so they can payoff credit card debt.

we should have an agency that’s known as the “mortgage police” and when there’s a clear and evident violation of just good sound common sense, a whistle blows, the computer locks up, and in walks the mortgage police and the mess they can make of their finances; in the case of the bad credit consumer, the further mess they can make of their financesuses. More foresight and plain good business sense than our mortgage loan brokers, especially the ones that came up with this genius idea!.

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