Debt Consolidation Ottawa
IS IT REALLY A WAY OUT?

Why debt consolidation?

We understand the economic downturn didn’t just bring a collapse in share prices and a fall off in yacht purchases by the rich and famous. Rising unemployment, falling incomes and negative equity in property holdings has meant that the settlement of debt has become a crucial issue for countless thousands of Ottawa residents. Credit card interest charges are among the most punitive in the lending industry, making credit card debt settlement critical for those facing into lean times with a declining income.

How we can help

Now, we are offering a lifeboat to those who find themselves in stormy financial seas. We offer a debt consolidation service, which basically allows an individual or family the opportunity to combine all their debts into one lump sum, then servicing that debt with a single, monthly–and most importantly–affordable payment. This could mean that the term of some debts will be extended, but debt consolidation gives our clients a clear view of the way forward, and in many cases, steers them away from insolvency. Many creditors are open to the notion that an instant, albeit reduced repayment is preferable to trying to squeeze the proverbial blood from a stone.  As a leading company in the field of debt consolidation and credit card debt consolidation, we will, in many cases, approach your creditors directly and offer a reduced repayment. Once an agreement is reached, the threatening letters and harassing phone calls cease, and a sense of financial stability is at least partially restored.

Our clear and simple terms

Some companies offering a debt consolidation service also insist on receiving their share of the monthly money pie. Our policy is to state our fees clearly, up front, after assessing each client’s needs individually. Once agreement is reached, we charge a flat rate, with no payment due until after the debt consolidation or credit consolidation plan is approved and agreed with creditors.