Section 1 Introduction 1
Section 2 About Debt Consolidation 2 - 7
Canadian Debt Values
We Take Pressure
How Debt Consolidation Works
Section 3 Importance of Debt Advice 8
Section 4 Debt Management Plan 9
Section 5 Credit Card Debt Consolidation 10
Benefits Of Credit Card Debt Consolidation
Section 6 CEO & Founder – McGuire Financial
Section 7 References 13
McGuire Financial Group is a financial planning company located in Canada, with over 18 years of
experience in the financial service industry. The basic aim of the company is serving its clients throughout
Edmonton & Alberta with its top rated financial services such as:
Investments, Financial Planning, Insurance, Debt Consolidation, Bad Credit Services, Credit Counseling,
Mortgage Solutions, Credit management..
This Guide Explains:
About Debt Consolidation
Canadian Current Debt Values
Debt Consolidation Loans Works
Debt or Loan Advice
Credit counselling programs
This debt consolidation guide will explain, you must always think carefully before taking out a debt and
must consolidate before it makes your financial situations worst rather than better.
About Debt Consolidation
What’s Debt Consolidation Loan?
Generally, a debt consolidation loan is a guaranteed loan, a person acquires to be able to repay other
financial loans. Basically you're borrowed money in one source to be able to repay other causes of debts.
Debt Consolidation Loan is a way to sort out all the financial problems and also help to get rid of
bankruptcy problem. By using the debt consolidation loan, you will deal only with one creditor, you can
afford only single payment this could relief some tensions from your mind. If once you take debt
consolidation loan, it help to reduce interest rate of your all loan amount.
Debt Consolidation Loan help to get rid of all loans by converting multiple monthly installments into
one single affordable payment.
Sometimes, it become necessary to take loans for different purpose like to by a car, home, etc. but you
face problems when it becomes difficult to pay multiple payments on different dates. So in all debt
consolidation loan is good for those who are seeking to get lower interest rate and to pay it off soon.
Let's take a look on Canadian Debt Values:
Once again drawing attention towards Canada debt. There's a clock taking away showing the debt is
increasing by more than 11.2 million dollars a day. The clock estimating, this debt will surely exceed 17
billion by the year 2015!!
Do you sometimes feel like you are under financial say debt trouble?
Congratulation!! You have just found the day to sort out all your debt problems. You have taken a huge
step towards solving your financial conditions. Debt Consolidation Loan protects you against all legal
action by your lenders. Using a debt consolidation loan to pay off multiple accounts can provide you with
cheaper interest and a simpler payment process every month.
If your credit card payments, loans, mortgages etc. combine to make CAD $9000+, you'll be only one
step closer eliminating your fears of all such embarrassing phone calls and distracting debt warnings.
Now, you are on your way to be debt free...
We'll tell you, you’re all possible options and rights.
After consolidating all your loans, we will arrange your counseling sessions where you learn the money
management skills that will help you keep money in your pockets.
We take your pressure...
You will work out with affordable payment plan for 60 month or less i.e. Just 5 years.
And, showing a great track record, as 96% creditors prepare money proposal but they actually get a
payment that is more than they get in the bankruptcy.
Give your piece of mind & save your boat loaded of money in the process.
This Layout shows the day time and night time debt (loan) pressure in the brain of a common person.
How exactly does debt consolidation loan works?
The objective of a debt consolidation reduction loan is to simplify an individual's obligations to ensure
that they could manage their debts better. Lots of people feel that it’s simpler to simply pay one debtor,
rather than ten, so that they decide to mix all their financial loans.
This could usually be accomplished through charge card balance transfer promotions, personal financial
loans, or home refinancing.
However, debt consolidation has other benefits connected by using it that attract people who finish up
in precarious financial conditions. If you can to have a debt consolidation loan that may mean a set
payment per month plan, decreased rate of interest as well as reduced stress.
Does a debt consolidation loan affect your credit?
Debt consolidation financial loans can improve your credit rating since you have compensated off much
of your outstanding debts. However, when you are not able to handle multiple bill obligations, you find
it hard to stay current in your bill obligations, you want to generate all your bills into one payment per
month, or you've got a desire to save cash then debt consolidation might be advisable for you personally.
Just like anything it's also wise to weigh the disadvantages along with the advantages.
Although, yes, you might have the ability to secure a lesser rate of interest therefore making your
payment per month lower, having a debt consolidation loan you might finish up investing more income
over time because they financial loans are extended out on the extended period of time.
Also, if your debt consolidation loan you are interested in, you need to first assess your finances
reasonably. After you have compensated off outstanding debt having a loan consolidation you've
basically removed up individuals’ accounts.
For those who have a problem with investing you could discover yourself in financial trouble again but
this time around it might be compounded due to your debt consolidation.
Take for instance you could re-finance your house, you house is now considered collateral. In case you
return into more debt you risk having your home repossessed if you're not able to maintain your
obligations. So, again, while debt consolidation is has an abundance of benefits it's not a fast fix.
Lastly, be advised that you will find not-so trustworthy companies in your area that victimize debt-riddled
people and charge absurd costs connected with debt consolidation and don't have associations with
creditors they claim that they can have. Research each company or lender before you decide to jump
mind-first into anything. You can finish up in additional trouble than whenever you began.
One thing you should always keep in mind, once you consolidate your debt, it's critical that you close
your credit accounts. It's important to develop the discipline for paying cash only, otherwise you might
end up where you started.
By using the debt consolidation, you will deal only one creditor, you can afford only single payment this
could relief some tensions from your mind. If once you take debt consolidation loan, it helps to reduce
interest rates of your all loan amounts.
Debt Consolidation protects you against all legal action by your lenders. Using a debt consolidation to
pay off multiple accounts can provide you with cheaper interest and a simpler payment process every
Importance of Debt Advice
Debt Consolidation Advice includes the help with a
wide range of money and debt advice issues
including budgeting, negotiating with creditors,
bankruptcy, mortgage and rent arrears and lots
more. A little advice can go a long way when
properly applied. Debt Advice is a good alternative
for paying off all tension and stress. Check out from
the following that how debt advice can help:
Low Monthly Payments
Stop Creditors Chasing You
One Single Payment
Stop Interest and Charges
Protect Home From Creditors
Flexible Plans to Suit You
If you are going through such condition, it’s time for you to think about debt consolidation loan because
it will help you to get rid of high interest rate. While taking debt consolidation loan you should keep in
mind that you are supposed to mortgage your property like home, car etc.
You can choose from collateral as well as unsecured loan. Although unsecured loan is better than
collateral loan but it is suggested that if a person is paying off his debt with credit card, then debt
consolidation loan will be beneficial for him. Since credit card carry high interest rate than unsecured
loan from a bank.
Debt Management Plan
A Debt Management Plan is a strategic arrangement administered through a licensed debt Management
firm that helps reduce unsecured debts and interest rates at a reduced level over a fixed period of time.
Following a Debt Management Plan mentioned below, financial expert works directly with your all
creditors on your behalf and minimize the interest rates. This will cut out your monthly payments into
some amount that you can afford to pay every month, and also stop over-limit or late fees. Following
flow chart will explain this concept clearly.
Credit Card Debt Consolidation
Most of people are unaware of credit card cancelling and other credit cards debt management tools.
Rather than consulting a debt counselor for help, they along with credit card debt file for bankruptcy in
fear of seizure of their own belongings such as house or the cars. Whether, bankruptcy must be the last
or final resort. There are a lot of solutions to settle credit card debts. Here we look some few debt
settlement strategies and their effects.
Once you are completely aware of your credit card debts, make an appointment with a trustworthy debt
advisor who has expertise in credit card debt counselling. He/she would be able to counsel you and
formulate a better plan to get out of the credit card debts. He/she may advise you to deal with your debt
collector using debt validations or will make a debt consolidation plan for your debt relief.
Usual benefits of the credit card debt consolidation program are:
Elimination of interest rates
Eliminating stress from your mind via financial management plans & budgeting analysis.
Reduction of monthly payments
Reducing debt collection calls. Proposals usually go along with your creditors 10 days after your
Management of your all loans to ensure the earliest possible payoff
Re-aging of your past due accounts to a current status
Stop late fees and over limit fees
Re-build your credits.
Convert your bills into one easy and affordable monthly payment
Reduce creditor collection efforts because they are now being paid each month.
Take the first step!!
McGuire Financial Group is ready to help you escape from such vulnerable financial situations and get
back on the road towards your debt free future.
One of our satisfied customer writes:
“I am very great full for your help with my consumer proposal. It liberated me for multiple debts and I
now can live with less stress.
I am quite sure about my debts now. I can pay my bills and manage my money. So, I won’t get in the
financial disaster again.”
Complete the form of this page. One of our counselors will contact you to determine that we're truly
the right people to help you and what programs you are qualified for...
CEO & Founder – McGuire Financial Group
Glen P.Zacher is the CEO and Founder of McGuire Financial Group.
Glen is a Certified Infinite Banking Practitioner with the Nelson Nash
Infinite Banking Institute, and is a MDRT – Court of the table member.
Glen has been advising clients for over 18 years in creating custom
Through education Glen’s clients are empowered to be in financial
control in creating their lifetime of wealth. His firm McGuire Financial
provides regular Boot Camps that empowers people to take back
financial control over their lives.
He works with individuals, families and business owners in designing and implementing a personal
banking strategy. He empowers his clients through education to create a life time of wealth giving his
clients financial control.
Glen invites you to contact him by telephone at 780.462.1289 or toll free 1.877.364.8204. You may
also contact Glen by email at firstname.lastname@example.org