Consolidating debt with a mortgage

11-Mar-2017 00:36

Consumers can use debt consolidation as a tool to deal with student loan debt, credit card debt and other types of debt.

There are several ways consumers can lump debts into a single payment.

You make one affordable payment a month and Credit Advisors does the rest.

This is not a loan but a proven way to address your bills in a systematic method that saves you time, trouble and the stress of dealing with creditors.

You showed understanding of my situation without being judgmental in any way." D.

Jevon, CT, South Africa This is also a loan and means another debt in your account. It helps you consolidate your other debts, and thus to bring down the interest rates as applicable.

Your repayment will never be more than your closing balance.

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"I was caught up in a debt trap due to circumstances beyond my control and a lot of institutions offer assistance in this regard, but do not deliver on their promises.Credit Counseling is a process which involves speaking with a certified credit counselor who cares about you and your situation.After analyzing your current financial situation, you will receive an effective recommendation on how to tackle your problems.This calculator is based on making the minimum repayment amount at a 18% interest rate.Minimum repayments are calculated as a percentage of the closing balance, typically 2 or 2.5%, or a set dollar amount, usually around , whichever is greater.

"I was caught up in a debt trap due to circumstances beyond my control and a lot of institutions offer assistance in this regard, but do not deliver on their promises.

Credit Counseling is a process which involves speaking with a certified credit counselor who cares about you and your situation.

After analyzing your current financial situation, you will receive an effective recommendation on how to tackle your problems.

This calculator is based on making the minimum repayment amount at a 18% interest rate.

Minimum repayments are calculated as a percentage of the closing balance, typically 2 or 2.5%, or a set dollar amount, usually around , whichever is greater.

Over-extended credit card and consumer debt is the number one problem Canadians face today.