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Debt consolidation is the process of taking all your high interest rate credit card payments and loans and consolidating them into one low monthly payment thus freeing up monthly cash flow for savings or dream projects.
Of course this can only take place if you have available equity in your home that will allow you to secure the extra debt into your mortgage balance.
To do this we first look at all your monthly obligations and analyze if we can provide you with long term savings by consolidating your other debt into your mortgage payments and putting a plan in place that will for you.
Below is an example on how you can save money long term and apply the savings to your RRSP or TFSA savings:
New Mortgage Scenario
Refinance your mortgage to one of the options below and save money per month while reducing the amount of time it takes to pay off your mortgage.
Let’s talk about how Platinum Financing Solutions can put thousands of dollars in your pocket.