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My name is ***** ***** I am a NSW Solicitor. Thank you for your question, and will do my best to assist you with your question. Please understand this is not legal advise Please understand this is not legal advise but a guide to assist you.
Can you please confirm.
You are moving banks and part of the new loan is to pay out existing Credit cards with another bank?
As part of the loan they are offering you new credit cards with a higher interest rate?
You do not wish to take up these cards and wish to remain with the cards you have?
Have I understood this correctly?
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