Individual debt is not going away with the improving economy. Over half a million Canadians are more than 90 days behind on their credit payments.
[USPRwire, Wed Jul 22 2015] Individual debt is not going away with the improving economy. Over half a million Canadians are more than 90 days behind on their credit payments.
If you are having a hard time paying your bills and making ends meet, it is important to look into debt consolidation. Going into debt consolidation with a strong credit score is more desirable than going in with a damaged credit score, so fast action is essential.
When you consolidate your debt, you take out a bigger loan at a lower rate to cover the multiple little loans you have to pay off. By securing a bigger loan at a lower rate, you have one monthly payment and can focus on paying off the principle instead of just paying off interest.
Mortgages of Canada has a strong and proud history of helping clients consolidate their debt. Debt consolidation helps an individual or family travel the path to financial freedom more quickly.
If you have owned a home for more than three years, the success rate to consolidate your loans is greater.
All financial situations and properties are different. Give Mortgages of Canada a call to see what they can do for you.
