CONSOLIDATING YOUR DEBT
When your debt becomes unbearable…
Consolidating your debt may be a great option for you if:
You have multiple credit cards, loans, or lines of credit
You have a difficult time making all payments on time and in full
You make only minimum monthly payments and are still barely staying afloat
You’ve went to a debt consolidation firm and are paying a high interest loan
You want to improve your monthly cash flow and save more money
You have outstanding taxes due - CRA, property tax, etc.
What should you know?
Debt consolidation is designed to de-stress..
Credit cards, student loans, lines of credit, car loans and more… It can be overwhelming to keep track of all your monthly payments and interest rates. Debt consolidation will allow you to streamline your finances, increase monthly cash flow, and de-stress.
Although debt consolidation may help restructure your debt load, it won’t fix the underlying financial challenge. When completing a debt consolidation with Nikki, she can take a look at your spending and help you manage and stick with a budget.
In most cases, your debts will be paid off directly with the proceeds of your consolidation. Often times, the best financial strategy is to take a look at the likelihood of recurring financial hardships and plan accordingly. Sometimes that plan might include lowering credit limits or even cancelling the cards entirely.
Nikki’s goal is always to set you up for financial success.