Debt Consolidation

What is debt consolidation ?

Loan obtain from a financial institution vehicle will help you pay the majority of your debts.
The loan is usually payable on a period not longer than five (5) years

The benefit is that the interest rate on the new loan will be lower than the average interest rate from your other debts, which will help you have lower monthly payments better appropriate to your reimbursement capacity.

If your credit rate is not to the bank satisfaction it is possible they ask someone else to be responsible for the loan if you’re not able to reimburse it yourself in the future. They can even ask for collateral security (home, car, land…)

Be careful not to borrow money from certain credit institution with higher interest rate than the ones on your old debts.

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Your situation

Your situation

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Our evaluation

Our evaluation

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The solutions

The solutions

Several solutions are possible to solve your financial problems and avoid bankruptcy.