A debt consolidation is a loan that allows you to pay off other debts. For instance, assume you have three credit cards. With a Halifax debt consolidation loan you might end up with one monthly payment instead of three. You are consolidating your many debt payments into one loan, usually at a much lower interest rate. Debt consolidation can often be an alternative to bankruptcy.
The advantages of a debt consolidation loan include
A debt consolidation in Nova Scotia and New Brunswick makes your monthly budget easy to track and helps you reduce your overall monthly payments. Through this process, you can start saving money or make that investment you’ve been dreaming of.
A bank, credit union or other lending institution will assess if you can meet your loan payments (by analyzing your income) to repay the loan. The lending institution may require a co-signer or collateral (such as a car or a house).
WBLI Insolvency Consultants has a team of people to help you through tough times. We’ve helped thousands of people just like you. WBLI has 17 offices across Nova Scotia and New Brunswick. We will come to you for debt consolidation.
Our success is based on earning your trust and seeing you through to financial freedom.
Call 1.800.495.5909 or 902.482.2000 today and get on top of your finances.
WBLI has offices across Nova Scotia and New Brunswick. We will come to you.