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24 Jul 2003
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Has anyone dumped the traditional mortgage, loans and cards and put all their debt into something like the Virgin One Account?

If so has it made you better off or are there some downsides to this type of account. The consolidation looks like a good idea to me.
 
For a 130k morgage its worthless unless you can keep over 20k in savings in at all times. A financial advisor would give you the figures for your circumstances and loan amount.

Mine came round yesterday and its cheaper for us to go standard for now as we need the savings for the house.
 
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