Debt Counselling Cambridge
Are you in debt to numerous creditors or lenders? Are you at your wits end and can’t see any other way out of debt other than claiming bankruptcy, debt counselling, or consumer proposal? Well if this sounds like you, WE WANT TO HEAR FROM YOU FIRST! Our professional team at Access Mortgage can help you get on a path of debt relief through various strategies that do not involve crippling your credit like claiming bankruptcy, consumer proposal, or debt counselling. Some of these strategies we can employ for you include: debt consolidation, and refinancing. The idea of debt counselling is to help over-indebted people find their way out of their financial situation so that they can take control of their money again. Let’s take a deeper look into why debt consolidation and refinancing is a better option for debt relief than debt counselling in Cambridge.
Why should you consolidate your debts?
- Reduce monthly payments
- Simplify your payments
- Reduce your interest rate
- Improve your credit score
- Repair your credit
- Doesn’t negatively affect your credit
When should you apply for a debt consolidation loan?
- When you are trying to pay off multiple unsecured debts in the form of credit cards or personal lines of credit
- You are struggling to keep up with monthly payments on your unsecured debt due to higher interest rates
- You are on a fixed monthly budget
- You have accumulated large equity in your home
- You are facing financial hardship, such as the loss of a job, an illness or other emergency
Are you questioning the advice of a bankruptcy trustee or credit counsellor that is suggesting that you file for bankruptcy, consumer proposal, or credit counselling for debt relief? Often, a bankruptcy trustee or credit counsellor will not get paid if you do not file for bankruptcy, consumer proposal, or credit counselling. You are, therefore, right to question whether these are the right options for you. Debt counselling in Cambridge or filing for bankruptcy can damage your credit when you may not need to. Don’t fall into this trap! If you’re considering credit counselling, a consumer proposal, or bankruptcy, the professionals at Access Mortgage want to hear from you first.
There are other debt relief options, don’t cripple your credit! For more information about debt counselling, 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.