Debt Consolidation

WITH THE SIGNIFICANT INCREASE IN HOUSING PRICES OVER THE PAST DECADE, MANY CANADIANS ARE TAKING ADVANTAGE OF LOW INTEREST RATES AND LENDER REFINANCE PROGRAMS.

Although debt consolidation is not a suitable option for everyone, you may want to carefully consider whether refinancing your home to pay off credit card deb, loans or line of credit would make sense in your circumstances.

Benefits include; single monthly payments, lower interest rates that leave you with extra money to invest. You may be surprised by the amount of money you could save.