Debt consolidation with UCC Mortgage Co. can make managing your money easier.
Nowadays, you would be hard-pressed to find an adult who doesn’t owe some amount of money to one or more credit card companies, banks, finance companies, or has some other form of debt. Many people find themselves in a situation where refinancing is necessary or beneficial to their future goals. The cost of carrying high-interest-rate debt can become unbearable and debt consolidation may be the best option to reduce that financial stress.
Debt solutions come in many different shapes and sizes. If you’ve found yourself in debt, there’s good news – you have options – and you are in the right place, because much of what you need to know is right here.
By refinancing or consolidating debt, we may be able to significantly lower your interest rates or your monthly payments, which can help free up your cash for savings, investments, or other reasons that you may need money.
Consolidating debt refers to acquiring a single mortgage or loan to repay all other outstanding consumer debt, resulting in one easy monthly payment at a lower interest rate.
Reasons to consolidate your debt may include, but are not limited to:
Lower interest rate
Lower monthly payment
Pay off high interest credit cards
Consolidate consumer proposal
Improve your credit score
Combine loan payments