Is it a good idea to get a new loan to consolidate credit or pay off credit card debt? Debt consolidation loans are one option to pay back debts. A consolidation loan provides you with... Read more »
Money in 24 hours. Simple online application. Low payments. 36 month payment terms. That all sounds great when you need a quick unsecured loan to help consolidate some unsecured bills or pay for an emergency... Read more »
The concept behind a debt consolidation loan is simple: you get a new personal loan with more favourable terms and use the money to pay off multiple high interest rate debts, like credit card debts. You... Read more »
If your current debt carries a high-interest rate, one way to reduce your borrowing costs is to consider a debt consolidation loan. Every day I talk with someone about whether or not a debt consolidation... Read more »
More young Canadians are getting into trouble repaying their student debt than ever before. A study by Hoyes Michalos found that almost 1 in 5 insolvencies involve student loan debt, and this number is rising.... Read more »
A home equity line of credit (HELOC) is a loan secured by the equity in your house. A HELOC is often presented as a great borrowing tool because unlike with credit cards or unsecured loans,... Read more »
Are you looking for a way to consolidate credit card debt, overdue bill payments or other unsecured debts? A debt consolidation loan may not be your best option when it comes to consolidating and reducing... Read more »
Once upon a time, if you had a lot of credit card debt and owned a home, you could get a second mortgage to consolidate and pay off your debt. Interest rates were low and... Read more »
With the rapid rise in the real estate market, you may now find yourself with significant equity in your home, yet you are also carrying high interest unsecured debt. On paper you have equity in... Read more »
When you carry a lot of credit card debt, typically on more than one credit card, a common debt management solution is to get a debt consolidation loan. But, if you’ve fallen behind on your monthly... Read more »
Life today is expensive. Many people find themselves without enough money to cover their living expenses. With the increasing cost of housing, utilities, cell phones, insurance, groceries, and clothing – the list of expenses seems... Read more »
The number one reason people take out a second mortgage is because they’re looking for a way to pay off credit card debt. The question is will a second mortgage help you clear up those debts,... Read more »
One of the many benefits of choosing Hoyes Michalos is that you’re not only choosing one person to help you get out of debt, you’re choosing a team. Our Licensed Insolvency Trustees have a variety... Read more »
“Debt consolidation” is often a phrase that people associate and confuse with “debt relief”. The belief is that if you consolidate your debt, you’ll be better off. But is that true? There are pros and... Read more »
On today’s show talk with licensed mortgage agent, Mark Moreau to get his take on loaning against your home. Mark has worked in the financial services industry for 30 years and deals with a number... Read more »
Debt Relief Experts