MORTGAGE, CREDIT CARD OR CAR FINANCE PAYMENT HOLIDAY? Should I take it?

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Should I take a payment holiday from mortgage, credit card or loan?

MORTGAGE, CREDIT CARD OR CAR FINANCE PAYMENT HOLIDAY? Should I take it?

Mortgage payment, credit card & loan and even car finance deals are allowing up to 6 months of a payment holiday IF you request one due to the current economic climate.

BUT what is the aftermath on your loan or agreement, and how much will it actually cost you in the long run?

This tackle this topic in this video, and you can find the calculator I mention here: https://www.habito.com/mortgages/mortgage-holiday-calculator

Any advice given in on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a Finance adviser before undertaking any investment with your money or change to your financial activities.

Invest using Etoro – https://mamafurfur.com/etoro

Invest using Trading212 – https://mamafurfur.com/trading212 (and watch my video to receive a FREE SHARE with £1 invested)

**DISCLAIMER – When you invest your capital is at risk, that means you might not get back what you invest initially.  This blog post is meant for educational purposes only and does not act as personal finance advice.  Always speak to a Financial Advisor or specialist if you are unsure of your money & financial choices before making any decisions.

I’ve also launched a new course if you are looking for more background into investing here so please check this out if you wish to invest or develop your knowledge of the stock market further:

Investing Made Simple Course: Learn How to INVEST STRESS FREE in 72 Hours UK

Be sure to check out a few more of my money making and job related videos here:

6 Websites to make £100+ a day

5 Income Generating Assets for Passive Income

Best Money Making Apps UK

Enjoy this video?

Why not check out these other blog posts on similar topics:

Investing for Income – How to live off Dividends & Investments

How to open an Investment ISA for tax free investing

 

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