Debt Consolidation Kitchener – Access Mortgage
Are you drowning in debt? Do you have multiple debt balances with multiple creditors? Well, if so, Access Mortgage can help!
Having a poor credit score because of excessive debt, or carrying a balance close to your credit limit, can significantly affect the interest rates that a lender is willing to give you for refinancing or borrowing money. Debt consolidation in Kitchener can help you group all of your debt together into one lump sum. Then, by making one manageable payment on a term that works for you (monthly, bi-weekly, quarterly, etc.) you can begin to pay off your debt and improve your credit score.
People who are looking for debt consolidation in Kitchener have a few different options. To consolidate your debt, borrowers can take out a line of credit, a second mortgage, a third mortgage, or a complete refinance of a first mortgage.
What are some of the benefits that you can experience with debt consolidation in Kitchener?
Access Mortgage can give you the guidance and put forth a structure for you to follow in order to start paying off your debt quicker, and get you experiencing these benefits:
- Reduce monthly debt payments substantially
- Reduce stress levels
- Put more money in your pocket
- Improve your credit score (high balances equals lower credit score)
- Lower your interest rates
Borrowers who need a debt consolidation loan in Kitchener to consolidate unsecured debt such as credit cards, high interest car loans, lines of credit, and personal loans, can expect to reduce monthly payments that they are making, often by a minimum of at least 50%, depending on the type of debt and the interest rates on that debt.
If you are interested in debt consolidation in Kitchener to help pay off your debt fast and improve your credit score, then feel free to give our professional mortgage brokers at Access Mortgage a call today!