Consolidation Loans For Bad Credit
Debt Consolidation Loans
Are your bills overwhelming you? Do you have so many payments each month that you inevitably fail to make a payment on an important bill? Many responsible Canadians choose to consolidate their bills by taking out a debt consolidation loan.
If you have many debts and payments scheduled each month, a consolidation loan will make your debts easier to manage. With a Debt Consolidation Loan of up to $15,000, you can combine all of your existing debt such as credit cards, lines of credit or loans into one monthly payment.
BHM Financial Group has been providing loans to Canadians since 2005. We have helped thousands of customers get back on their feet financially by providing them with a debt consolidation loan. BHM Financial will approve your application even if you have bad credit because. We lend based on your asset not on your credit. BHM Financial will approve your loan application when banks don’t and have the lowest interest rate in our market.
How it works
A bad credit debt consolidation loan works by paying off all your existing debts, leaving you with just one monthly payment. This payment is usually lower than the combined payments of your previous debts, as the loan is spread out over a longer period of time. You’ll also benefit from a lower interest rate, making it easier to pay off your debt faster.
Don't wait any longer - apply now and take the first step towards a debt-free future!
Documents required
Am i eligible for a loan?
- Your car is less than 8 years old.
- Your car is fully paid for.
- Your car has a clear title (not leased and no outstanding loans on it).
- Your car is insured, including collision and comprehensive coverage.
- You have a steady income.
What documents do i need to provide?
- Two pieces of photo ID (license and health card)
- Proof of income
- Proof of residence (rental agreement, mortgage or tax bill)
- Photos of exterior and interior of the vehicle
- Clear photo of the vehicle’s odometer
- Proof of vehicle insurance
- Proof of ownership of vehicle
- Void check
- Five References
Consolidation Loan in Canada
Consolidate Your Debt and Say Goodbye to High Interest Rates
Taking out a loan with BHM can actually help you reduce your overall debt quicker. By consolidating your debt into one payment, you will reduce your overall monthly payments and the total of interest. This can help you finish paying off your debt quicker and get back to living your life.
Not sure how to go about planning your budget? BHM Financial can help. Our expert finance advisors can help you build a budget that makes sense. Not only will you pay off your debts faster, but you’ll save more and finally start to see the light at the end of the tunnel.
BHM Financial has helped thousands of Canadians get out of debt fast. Banks are your friend when you’re paying. When you hit hard times, however, the bank isn’t quite so friendly anymore. If you are in need of funds, bad credit will certainly be a road block for you at a traditional bank. BHM can help you get the cash you need to help you pay off your debts and void declaring bankruptcy.
Own any of these assets?
You could get Consolidation Loan Even with Bad Credit
Any vehicle
- Less than 8 years old
- Paid out & insured
- No Outstanding loans
Mobile Home
- MUST BE PAID OUT
- MUST BE INSURED
- NO OUTSTANDING LOANS.
Home
- 1ST MORTGAGES
- 2ND MORTGAGES
- MUST BE INSURED