Whatever the amount, Whether You Need $10,000 or $50,000 – Alpine Credits is the Best Alternative for Debt Consolidation in London, Ontario

Debt Consolidation Loans in London

Debt consolidation has become a hot conversation topic in Ontario not just because of the pandemic but also because of changing perceptions about financial health. Too much debt can damage one’s financial scorecard and make it difficult to borrow funds in the future. Many residents of London, Ontario are finding themselves in a high debt low funds situation forcing them to look at financial solutions.

Alpine Credits has been providing homeowners with an easy way to consolidate their debt for over 50 years. We make debt consolidation in London, Ontario easier by taking the stress out of the whole process and allowing you  to use the equity of your homes to pay off your debt.

How Our Debt Consolidation Loans in London Work

With the goal of approving applications within 24 hours, obtaining debt consolidation loans in London has never been easier!

As mentioned earlier, it is difficult to avoid accumulating debt over time, especially in a city like London. Alpine Credits provides debt consolidation loans in London in the form of home equity loans that allow homeowners to consolidate multiple debts into just one monthly payment.

As opposed to traditional debt consolidation lenders that maintain a high emphasis on credit and income checks, with Alpine Credits, it is much easier to qualify for an equity loan as long as you have equity in your home or real estate.

home equity loans

Contact Alpine Credits to Learn About the Best Debt Consolidation Loans in London

We look forward to helping you get a handle on your finances! Contact us today to begin your application and receive a decision within 24 hours.

Whether you’re looking to consolidate $10,000 or $50,000, our staff is ready to help.

Signs You Need Debt Consolidation in London, Ontario

If you have made it this far, you may be curious whether debt consolidation in London, Ontario is the right choice for you. Some signs that you may benefit from debt consolidation includes:

When you have many loans all at the same time, it is easy to forget a payment here or there or struggle to remember when one is due. With debt consolidation, you take all those debts and make them into one loan, with one due date, helping make it easier to manage.

Dealing with lenders can add a lot of stress to your day. Most of them will be inflexible and may not work with you. Debt consolidation helps you to end the relationship with the lender so you can move on.

If you have large debts on many different loans, debt consolidation in London may be the best choice for you. It will help you to keep the debt organized and easy to work with, preventing missed or late payments. It will help you avoid collections so you can keep your credit score high. And it makes it easy to only have one bill to worry about each month.

This is a sign that your interest rate is too high. By consolidating your debt with us, we can get you a much better interest rate that may save you thousands of dollars.

Debt consolidation is a great option for anyone who wants to improve their financial situation. Debt consolidation through our company can make this happen.

Keep reading below to learn how we can help you consolidate your debts today!

How Our Debt Consolidation Loans in London, Ontario Work

In London, consumers are at a disadvantage because most creditors have many ways they can recover funds from those who owe them. The good news is that debt consolidation in London can help you take control over your finances without the creditors breathing down your neck.

These debt consolidation loans allow you to combine several different debts into one, giving you the money to pay them all off and keep the creditors away. You will end up with one monthly payment, a new schedule that you can choose, and often lower interest rates as well.

At Alpine Credits, we are able to provide you debt consolidation through home equity loans. These loans can help many of our customers, including those with no income or bad credit, which is what makes them so much better than other debt consolidation options in London, Ontario. As long as there is some equity in your home, you can qualify for our services.

You Don't Need to Sell Your House to Leverage It

If you’re not sure that debt consolidation is the right choice for you, continue reading to find out why Toronto homeowners choose this option to improve their financial position.

Many homeowners assume they have to sell their home to get any money out of it. This may be a good plan if your home is worth a lot and you can find somewhere else to go. But with the housing market going down and the difficulties in purchasing a new home, this is not always ideal. With our debt consolidation in London option, you can get a home equity loan, providing you with money to pay off debt while still retaining ownership in your home. 

Our goal at Alpine Credits is to make debt consolidation in London, Ontario as simple as possible. We understand that many people in the London, Ontario area have been hit hard due to the pandemic and other struggles and they need help dealing with their debts, not spending hours on an application with a bank.

Traditional banks often promote their debt consolidation options, but they set the bar so high to earn one of these that it is impossible for most people to ever have a chance to reduce their debt and get ahead. At Alpine Credits, our application process is easier than the big banks. We do not need to see your income or your debt to income ratio. our primary concern is whether your home as enough equity for the loan amount you are asking for. If it is, we can approve your application within 24 hours and put the money right in your bank account.

 

Consolidating your debts can make paying them back as simple as possible, giving you one payment, often with a lower interest rate, rather than a ton of them to handle at once. Our debt consolidation loans are also flexible when it comes to which debts you can use the money for. Traditional banks may set a limit on some of the debts you can work with. But at Alpine Credits, we keep things open and flexible, allowing you to pay down the debts that are most pressing to you.

One benefit to debt consolidation in London is that the interest rate for one loan is often lower than the interest rate on all the individual loans. We offer some of the most competitive interest rates in the area, helping to lower your overall payment and make debt repayment that much easier.

With the lower interest rates, and all the debt now in one loan, you have the ability to slash through the debt faster than ever. Even if the interest rate is just slightly lower, it could save you thousands of dollars on a large balance over a few years. This allows you to either keep that extra money in your pocket each month or pay the debt off faster.

Our debt consolidation process in London, Ontario can help you get the money you need right away. This keeps those debts out of collections, makes the collections agencies back off, and helps to protect your credit score so you can use it later.

When all of your debts are bundled up into one, it becomes much easier to pay them off and manage them than before. You no longer need to worry about forgetting a payment or having the interest rate go up or down on another. Our debt consolidation process helps you to manage your debts to pay them off faster.

FAQs About Debt Consolidation Loans in London, Ontario

To get rid of your debt, you need to create an environment that helps you eliminate the balance of the debt. Debt consolidation is a good way to do this.

In Ontario, creditors have a few legal rights that allow them to pursue you. These include the Collection and Debt Repayment Practices Regulation and the Consumer Protection Act. They even have the right to sue. If the debt collector does sue, you need to respond within 20 days or the courts will rule against you. This gives the collectors the right to garnish wages if you do not pay. If you signed an agreement with a lender, it is in your best interest to pay.

Many residents in Ontario have their money tied up in their homes, which makes them house poor. This is why a home equity loan is the perfect solution. It allows you to use the value of your home to pay off debts, without having to sell your home and move.

Alpine Credits is the debt consolidation lender for countless residents of London, Ontario for more than 50 years. Our loans are easy to apply for, have competitive interest rates, and can help you pay off your debts.

While most traditional banks will limit which debts you may consolidate, at Alpine Credits, we allow our clients to consolidate any debt they want so they can finally get their finances under control.

Easy Application – 3 Simple Steps – 24 Hr Approval

1. Apply Online

Using the form on this page or call 1-800-587-2161 to speak to one of our representatives,

2. Get Approved

Approved with 24 hours. Your home equity is the key to your approval. Get approved now!

3. Get Your Funding

We make it easy. Loan funds can be deposited directly into your bank account, once approved.

Loan Examples*

FIRST MORTGAGE

SECOND MORTGAGE

*Disclosure on “Loan Examples” Above

Alpine Credits’ intent is to always have full disclosure on all of our loan offerings. Borrowers are provided with all necessary disclosure prior to entering into any obligation. Our objective is to offer Canadian home owners an alternative to the banks and credit unions (not a replacement). Typically, you will find our rates to be higher than the banks; however, with this in mind, we are usually more efficient than the banks in getting you your money and may lend in situations where the banks (and other traditional lenders) will not. Once we have provided you with all necessary information, the decision will be left with you as to whether or not you wish to proceed with our offer. Thank you for your consideration. We look forward to speaking with you soon.

All of the above examples are for discussion purposes only. It is important the reader is aware that the examples may represent the lower priced range of our product offerings. Rates on our loans are subject to change and may vary (up or down) based on the equity you have in real estate, the state / condition / location of your real estate, your personal financial situation and the Canadian mortgage market. The examples are all based on interest only monthly payments (you may elect to pick a shorter amortization to pay off your loan sooner) in which the rate in year 2 increases to the prime rate plus 3.75% and the prime rate plus 6.00% for the first and second mortgages respectively. The Cash Advance in all of the loans above represents the net amount of money to be received. The “Gross Amount” for the $100,000 / $300,000 / $25,000 / $50,000 loans in the examples above are $110,500 / $327,900 / $29,500 / $58,140 respectively. The difference between the Gross Amount and Net amount represents closing costs which includes items such as legal fees, appraisals, brokerage fees, etc. (“Fees”). The APR will increase / decrease in the event of higher / lower Fees. Once again, thank you for your consideration.