Orderly Payment of Debts in Toronto

Having multiple debts that you are unable to pay for month by month can be stressful. That’s why some people consider borrowing money and then using it to pay off all other debts to be left with a single loan that usually offers a lower interest rate. This is known as a debt consolidation loan. Qualifying for this loan may be difficult if you have a low credit score. Are you making several payments to different creditors? Perhaps consolidating your payments into a single payment would be easier and more manageable. There are several options for debt consolidation. At Phong Su & Associates LIT, we can help you review all your options and determine which is best for your situation. If you need help from us, reach out and we will provide you with all the information you need to make a good decision for yourself and your family.