Debt Consolidation (also known as ‘refinancing’) is quite common these days in all countries including Canada. The reason behind this is not because people are ‘more in debt’, it’s simply because it just makes sense!
These days, pulling equity out of your home at today’s great interest rates can save you as much as 17% a month in interest charges alone! The appreciated equity that your home may have already accumulated can be used to consolidate high interest credit lines, credit card debts, car loans and much more!
Want to know where YOU stand before getting started?
When debt piles up, it often appears that no matter how much you owe, it's always too much. Then, that frustrating, overwhleming feeling of dread creeps in: Will I EVER get out of debt? Do I need help? If you find yourself in this position, start here:
Read More: Is Debt Consolidation right for Me?
In short, Debt Management is a system by where all of your unsecured debts are 'consolidated' or combined into one manageable monthly payment! Imagine the relief of lower interest rates, lower Stress, and one SINGLE monthly payment...
Read More: What is Debt Management
A quick online search is all you'll need to discover that there are no shortage of Credit counselling and Debt Consolidation services out there. However, not all programs are created equal - Here's what you need to know when choosing the right service:
Read More: Choosing a Credit Couselling Agency