Debt consolidation

Published on October 19, 2019 by MultiPrêts MR

Sometimes, the total of your monthly payments may become overwhelming:

• Are you having trouble making ends meet?
• Are multiple debts costing you too much every month?
• Are creditors charging you too much interest?

If you can identify to one of these situations and you own your home, it may be a good idea for you to talk with a Multi-Prêts Hypothèque MR advisor.

Is debt consolidation a good thing?
In general, a debt consolidation loan is used to help a family deal with budget pressures. It gives them access to cash so they can find balance again. Although paying off debts as fast as possible is always desirable, it is however best to pay all creditors at the lowest possible rates without being late. This strategy can save you a lot of money in interests and other penalties.

If you are having a hard time making ends meet and you find it difficult to get through the month, contact us now. We can help you.