Clients were looking to consolidate all of their high interest revolving debts which was over $3,500 per month in payments. Clients had excellent income. Their first mortgage was coming up for maturity in six months, they wanted short-term financing until they could refinance.
FAQ
Debt settlement is a process whereby third-party companies negotiate a settlement or deal with the creditor to reduce a borrower’s debt which can negatively impact your credit score. Debt consolidation, on the other hand, helps you pay off any and all liabilities instantaneously and is an ideal alternative for borrowers with various obligations and improves your credit score.
We help hundreds of people reduce their high interest consumer debts. As long as you own real estate and have the required equity, we can help reduce those high monthly obligations into one low manageable payment.
Yes! We simply look at equity. As long as you have the required equity, Freedom Capital can get you a debt consolidation mortgage. We will put you in an open mortgage term so you can sell or refinance with your local bank when you’re ready. With Freedom Capital, you can swiftly consolidate your debt in Canada.
Debt consolidation loans will eventually positively impact your credit report by paying off high-interest debt and improving your payment history.
At Freedom Capital DO the deals that the banks DO NOT do. If your debt consolidation application was rejected by the banks, we can most certainly help!
Freedom Capital provides Debt Consolidation in several cities and provinces in Canada. The list include: