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I have a mortgage with a rate of 4.99% which i am allowed to take payment breaks from. three per year. i have a loan at a rate of 5.2%. would it be wise to take the payment breaks and use the money to clear my loan? my mortgage is £115k and the loan is £14kalso, is it worth putting the loan onto a credit card with 0% interest until the 0% interest period is up and then sourcing another 0% interest credit card offer and shifting the balance continually like this until the debt has gone?i think the loan may actually be more % than i said. i will checkjust checked and the apr is 6.9% on the loan with £13k left

Refiance your mortgage and incorporate your other loan into it. in other words let the mortgage co. pay off the other loan aand add it to your mortgage. you can also wrap up your auto loan in your mortgage to free up that higher interest rate.