What is Debt Consolidation and How Can It Benefit Me?
Debt consolidation involves taking several monthly debt payments from different creditors and consolidating, or combining, them into one monthly payment. Above All Financial debt consolidation staff will negotiate with your creditors to reduce interest and decrease your monthly payments. Your new lower consolidated debt payment would then be made to Above All Financial,Winnipeg . Above All Financial would in turn make payments to your creditors.
The benefit of debt consolidation comes from several factors.
- Eliminates collection calls from creditors
- One payment instead of many
- Reduced monthly debt
- Pay off debts quicker