How Debt Consolidation Works

If you are visiting this page, you probably know what a consolidation loan is, but you might be unaware of how to obtain one, or of the process involved in setting up a consolidation loan in Canada. Below is a step by step quick guide to help explain the process.

Discussing your situation

Before we do anything formal, we will sit down with you to discuss your financial situation and see if a debt consolidation is right for you. We will answer any questions you have, and ask you to get an idea of your situation and your goals. We have provided thousands of debt consolidation repayment solutions for Edmonton and Calgary clients.

Signing an agreement

If we believe a debt consolidation loan will work for you, we will sign an agreement that allows us to act on your behalf. This helps us do what we do best – provide the right solutions and setup a payment plan which works for you.

Creating payment plans

We will prepare payment plans that are suitable for your current financial situation that are acceptable to your creditors. We are often able to use our experience providing debt consolidation loans to Edmonton and Calgary clients to provide an affordable payment to your creditors.

Make adjustments when necessary

Your financial situation is bound to change from time to time. Please be sure to keep us up to date if this happens. If things get better, we can make adjustments that help pay off your debts earlier. It is especially important to be in touch if you are unable to make payments so we can communicate this to creditors and work something out.

Let’s get started

McGuire Financial helps to provide debt consolidation loans in Canada. We provide Edmonton, Calgary, etc. debt consolidation services to hundreds of clients each year. If you would like to get started, please use the contact form to the right to get in touch.


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