Can you imagine a world without credit card debt? It might be a far-off dream but it can be a reality by using an offset current account loan.

We all have credit cards and we all wish we didn’t – they can be the bane of our lives. As soon as you think you have saved enough to pay one off, something happens and you have to spend on it. Or you might be struggling to get anywhere near paying down the debt, just spending each month just paying off the interest.

But there is a way out of the credit card trap – taking out an offset current account means you can consolidate all your credit card balance onto your mortgage, leaving you credit card debt free.

But surely moving one debt onto another debt is a short term solution? Not with an offset current account – because the rate of an offset account is much lower than any credit card debt, you will save money each month. Also, you must pay your mortgage every month so by consolidating you are merely reducing your outgoings, which any professional will tell you is key to making the most of your money.

So talk to a mortgage broker about taking out an offset current account and clearing your burdensome credit card debt. In a world without credit cards you will have more money to save, more money to reduce your mortgage and less stress each month.

To stay abreast of current trends, news and comment on offseting mortgages visit the Offset Mortgage Blog.