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Many people believe bankruptcy is the only option to get a financial fresh start in Prince George, but this is not true. There are many other alternatives to try before resulting to bankruptcy, and a popular one is debt consolidation.
A debt consolidation loan differs from a regular one in that it allows you to repay many debts simultaneously. For example, if you have multiple credit card debts, a debt consolidation loan would replace multiple monthly payments, with only one.
People like consolidation loans because the single monthly payments make budgeting easier, and they have lower interest rates than credit card rates.
To qualify for debt consolidation in Prince George, British Columbia, you must give a copy of your monthly budget to the bank (to show you are capable of paying), you must be employed or have some kind of stable income, and you may need a co-signor or collateral (house or car).
If you think debt consolidation could be the solution for you, please contact us today for a consultation free of charge. Our licensed bankruptcy trustees will help you select the best alternative to fit your needs.
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SITE SPONSOR |
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This site is sponsored by Deloitte & Touche Inc.
If you're having financial difficulties and live in the Prince George area, call (604) 669-4466
today to meet with one of our experts, or complete the ask a question form to send us a message and
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