Education and training in Toronto, Ontario
Credit Canada Scarborough - Debt Consolidation Loans Guide
Offered by Credit Counselling of Regional Niagara
Suite 630 55 Town Centre Court, Scarborough, ON M1P 4X4, Toronto, ON
In short
A debt consolidation loan is a debt repayment strategy.
- Hours
- Mon-Thur: 8am - 6pm; Friday: 8am - 5pm; Saturday: 8am - 4pm
- Cost and access
- Free
- Where
- Suite 630 55 Town Centre Court, Scarborough, ON M1P 4X4, Toronto, ON
- How to reach
- (647) 427-8478 · info@creditcanada.com · Website
- Last verified
- , by HelpSeeker
Contact the organization to confirm Call Email
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, Toronto, ON
Suite 630 55 Town Centre Court, Scarborough, ON M1P 4X4, Toronto, ONToronto, Ontario
Directions