For people looking to get a debt consolidation loan with a low credit score with a new personal loan should get a co-signer if possible. Not only will your lender likely need you to have a co-signer to approve your application, you might also get a better deal with a co-signer with good credit. However,… Continue reading Should I Get a Debt Consolidation Cosigner?
It’s possible that you are facing a variety of different bills that just seem to keep building. The first thing to be aware of is that you are not alone here. A lot more people than most realize will end up in debt at some point during their life. Some individuals such as those who… Continue reading Failed Debt Consolidation. Now What?
As of 2019, the average Canadian carried over $20,000 in debt, excluding mortgages. There are several ways to get out of debt and get back on track, financially, including debt consolidation. Many people view debt consolidation as “debt relief,” which isn’t exactly true. In fact, debt consolidation isn’t always the best option. It really depends… Continue reading Can Debt Consolidation Hurt Me Financially?
There are several different ways to consolidate debt in Canada. Fortunately, only Bankruptcy Canada’s licensed insolvency trustees are licensed to provide all debt solutions in Canada. As there are a few different ways to deal with debt problems in Canada each has its own pros and cons. Certain individuals will not be eligible for every… Continue reading How Do I Find the Right Debt Consolidation Option for My Debt Situation?