Qualifying for a consolidation loan in Canada
As a homeowner in Canada, you have a wide array of loan options and financial resources available to you. To meet your financial objectives, it’s important to understand which option works best for you.
Alpine Blog
Tools and tips from our team of experts to help you make the best decisions for your financial future.
Category: Debt
Consolidating loans: An alternative to bankruptcy
When you’re dealing with a lot of debt, you have a handful of options, like home equity debt consolidation loans, to become financially free. Many people think about filing for bankruptcy, but it has to be completely understood before you decide it is your solution to relieving your debt.
Good credit scores in Canada with consolidation loans
For some, their financial goal is to improve their credit score, which can be done through a few ways including partnering with banks and alternative lenders. One distinctive method that has helped many reach their credit score goals is debt consolidation.
Home equity loans for loans consolidation
Anyone can achieve financial freedom with the right tools. With all these options on how to consolidate your debt, you want to choose what is best for you. Personal loans, debt management, debt settlement, and home equity loans are the most common methods, but it’s important to understand each one before making your first step.
Eliminate debt under a year
Whether you want to erase a portion all or your debt, it’s important to understand a few of the strategies that you can take in order to accomplish your goals of being debt free. You can make some changes in your lifestyle, add another source of income, or consolidate your debt through your home equity to make monthly payments more manageable.
An introduction to debt consolidation loans
Outstanding balances that are owed to credit cards, mortgages, and auto loans are the source of financial stress for Canadians. A common solution to make monthly payments more manageable is with debt consolidation through home equity. Understanding what the effects are and what this means for you as a homeowner is an important step.
How to refinance a mortgage with bad credit
For some homeowners, getting a mortgage refinance can require a lot of contemplation. Before stepping into the decision, it’s important that those considering understand what remortgaging is, including the different types and ways to refinance a mortgage. In the long run, it has a number of benefits for you.
Do banks give loans to someone with poor credit?
Banks offer various types of loans, all of them with different amount limits and purposes. Getting a loan from the bank would be ideal, but it’s not always accessible to those who poor credit scores. Alternative lenders, on the other hand, have bad credit loan options available. For one, home equity loans are for any homeowner regardless of financial status.
How to secure poor credit loans in Canada
Credit scores play a significant role, according to Canadian banks. A bad credit score doesn’t stop someone from the opportunity to get a personal loan. Personal loans have a number of uses, including home renovation and debt consolidation, among other prospects. Even with a score that’s less than ideal, you have the chance to build it up or look into a home equity loan.
Understanding consolidation loans in Canada & how they work
Have you been juggling debt payments and feel like there’s no end in sight? If this sounds like you, you may be wondering: What is debt consolidation, and how does debt consolidation work? Consolidating your debt might be just what you need to get your finances back on track and make your payments more manageable.
Does debt consolidation hurt your credit?
Many Canadians worry about whether debt consolidation will have an impact on their finances, but the truth of the matter is that debt consolidation does not hurt your credit in the long run. As long as you’re taking the right steps and consolidating through the right avenues. It’s a strategic financial move that can save you hundreds, even thousands of dollars in interest over the course of your repayments.
Cash out refinance in Canada: All you need to know
When refinancing your mortgage, you can choose to increase the size of the mortgage loan that you’ve taken out with your lender. Doing so increases the amount of money you owe the lender, but the difference in amount between your previous mortgage amount and the new one can be withdrawn as cash. This is known as a cash out refinance in Canada.
How to consolidate my debt into a mortgage
If you have high-interest debt, are you wondering “Can I consolidate debt into a mortgage?” Any kind of debt can be hard to pay down and get permanently dissolved if the interest charges keep accruing. Many people may feel at a loss on what to do to start making a dent in their high-interest debt.
Can you get a home equity loan with bad credit
Learn how you can get a home equity loan with bad credit or refinance your existing debt at a lower interest rate.
A look at basement renovation costs
Basement renovations are among the most common home modifications in Canada. Keep reading to learn how much basement renovations cost and how Alpine Credits has been helping homeowners keep costs low for decades.
How to get a $10,000 loan in Canada
A $10,000 loan can help you pay for home renovations, a vacation, a car, or any number of other things. However, with so many lenders and types of loans to choose from, it can be hard to keep track. Keep reading for some tips on selecting the right $10,000 loan in Canada. We’ll also show you how Alpine Credits makes it easy for homeowners to get approved.
How to stop sweating the mortgage stress test
Need a mortgage or home equity loan? No sweat! Alpine Credits is your “stress-test-free” finance solution.