Consolidate Debt Waterloo – Expert Mortgage
Are you facing unfavourable financial times? Do you have bad credit or no credit at all? Are you looking to get a first, second, or third mortgage, but your low credit score and mounting debt keeping you from being approved? Maybe you are considering filing for bankruptcy, debt counselling, or consumer proposal to get out of your debt, even though it will severely cripple your credit score? Expert Mortgage is here to tell you, ‘THIS IS NOT THE ANSWER’, and we want to work with you! We can help you consolidate your debt in Waterloo and get you back on the path of debt relief. Claiming bankruptcy, consumer proposal, or debt counselling may sound like an intriguing option to get out of debt, but these strategies can damage your credit for many years. If you are considering any of these strategies, Expert Mortgage wants to hear from you first. Read on for more information about how to consolidate debt in Waterloo with Expert Mortgage.
Debt Consolidation Loan:
A debt consolidation loan can help you get immediate debt relief, and because late payments and high balances damage your credit score, ultimately, it will help you repair your credit score and save you money. This is an option that we can help our clients with when they are looking for debt relief. The process to consolidate debt in Waterloo involves taking out one loan to pay off all of your other loans and debts. Many individuals have multiple credit cards and credit accounts with balances on each of them. By using a debt consolidation loan, you will be able to consolidate everything into one single loan. Instead of having to worry about making multiple payments to numerous creditors, a debt consolidation loan allows you to group everything together and make one monthly payment. Expert Mortgage suggests this strategy to our clients because it allows them to repair their damaged credit, and protect it from being damaged further by filing bankruptcy or a consumer proposal.
With our guidance and direction at Expert Mortgage, we can help you consolidate debt in Waterloo, and as the borrower, you can expect to benefit from:
- Lower Interest Rates
- Reduce Monthly Debt Payments Significantly
- Improve Credit Score
- Improve Your Cashflow
- Reduce Stress
Depending on the type of debt and interest rate of the debt that you wish to consolidate, most borrowers seeking debt relief can expect a reduction by about 50% of their monthly payments in unsecured debt, like credit cards, car loans with high interest, lines of credit, and personal loans.
For more information about how to consolidate debt in Waterloo with Expert Mortgage, please feel free to continue browsing through our website. We can be reached at 1-844-397-3780 or by filling out our contact form.