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ABOUT THE AUTHOR
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Fatima graduated with a Bachelor's degree in Economics from ColumbiaUniversity and received a Masters in Economics from Singapore NationalUniversity. Fatima comes from a political background, her father Mir MurtazaBhutto - an elected member of Pakistan's parliament - was assassinated bystate police in 1996. His sister, Benazir Bhutto, was Prime Minister at thetime of his killing. Fatima is the author of two books, understanding thefinancial system published when she was 15 years old and basics of debtmanagement. Both were published by Oxford University Press.Fatima currently writes a weekly column for Pakistan's largest Urdudaily newspaper, Daily Jang, and its English sister paper, The NewsInternational. Recently She has completed her MBA in Finance from HarvardUniversity in 2006. Her diary from Tehran is the second the papersprinted; Fatima also wrote a weekly diary from Lebanon .
 
How To Consolidate Your Debts With ARemortgageFATIMA BHUTTOIf you have begun to feel financialproblems caused by debt, and you own ahome, then you may have a good way toeliminate those debt problems. Aremortgage could be just what you needto provide a way out and reduce yourmonthly bills at the same time. Here ishow you can go about getting aremortgage for debt consolidation.Before you think about remortgaging,though, you need to think about whetheror not you plan on living there for at leastseven more years. Remortgaging has feesand costs just like your first mortgage,and will take up to three years to pay off these costs.
 
Check Your Credit Rating You should know that the best time tothink about a remortgage is before yourdebts start being reflected on your creditscore. You can get a free credit reportfrom the three major credit bureaus eachyear. Once you get it, you can look it overand make sure that all statements itcontains are accurate and up to date. Besure to correct all incorrect informationthrough the credit bureau before youapply for a remortgage. This is becauseyour new interest rate will largely bebased on your credit score.Watch The Interest Rates This will help you to know when the righttime comes to remortgage. You want to
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