Education and training in Toronto, Ontario
Credit Canada Scarborough - Debt Consolidation Loans Guide
Offered by Credit Counselling of Regional Niagara
In short
A debt consolidation loan is a debt repayment strategy.
- Hours
- Mon-Thur: 8am - 6pm; Friday: 8am - 5pm; Saturday: 8am - 4pm
- What it helps with
- Money to get by, Learning and school, Skills for work
- Cost and access
- Free
- Where
- Suite 630 55 Town Centre Court, Scarborough, ON M1P 4X4
- How to reach
- (647) 427-8478 · info@creditcanada.com · Website
- Last verified
- , by HelpSeeker
Contact the organization to confirm
About this service
A debt consolidation loan is a debt repayment strategy. Once someone has been approved for a debt consolidation loan by a bank, credit union, or finance company, its used to merge multiple debts, or consolidate them, into a single debt. The borrower is then left with one monthly loan payment with a set interest rate.
Most often, a debt consolidation loan can only be used to pay off unsecured, high-interest debts, such as credit cards and payday loans. While its possible to find a lender who will include secured debt, such as a mortgage or auto loan, these types of debt tend to have comparatively low interest rates, so it wouldnt make financial sense to include them in a Canadian debt consolidation loan.
When is it open?
Credit Canada Scarborough - Debt Consolidation Loans Guide is open Mon-Thur: 8am - 6pm; Friday: 8am - 5pm; Saturday: 8am - 4pm.
How do I get in touch?
Call (647) 427-8478, email info@creditcanada.com, or use the website.
Listed in Toronto, Ontario.
Suite 630 55 Town Centre Court, Scarborough, ON M1P 4X4
Suite 630 55 Town Centre Court, Scarborough, ON M1P 4X4Toronto, Ontario
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