Pros and cons of consolidating

Posted by / 17-Aug-2017 03:42

Pros and cons of consolidating

However, if your credit rating has gone down because of your debts, you may have difficulty applying for a loan.

In this case one of our Credit Counsellors can help you look at other debt consolidation options.

There are long term consequences to your credit rating when you have debt written off against you. To find out more of the pros and cons of consolidating debt using debt settlement services, click here.

A legal type of debt consolidation is available in Canada through a Bankruptcy Trustee.

Getting help from us is as easy as giving us a call or chatting with us online.

We know that it can be hard to ask for help with your debts, so we do everything we can to answer your call quickly, provide you with the information you are looking for and book you a free credit counselling appointment if that’s what you need.

It is important to speak with one of our Debt Settlement Specialists to find out if signing a debt settlement agreement with your creditors is a good option for you.

Our appointments are either in-person, in one of our offices, or over the phone; whatever is easier for you.

The appointment doesn’t cost you anything, it’s completely confidential and without obligation.

To learn more about using home equity to consolidate debts, click here.

It can be tempting to use your line of credit or bank account overdraft to consolidate your debts into one monthly payment.

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