DEBT CONSOLIDATION

Minimize your debts while saving time and money.

   One of the easiest and most efficient ways to handle your cash flow and reduce your debts is to build your various loans, lines of credit and credit card balances into one personal loan with a fixed repayment schedule. By consolidating your debts, you can save in interest charges, no one would pay to do, and it would be easier to accelerate the repayment of your debts.

Why Debt Consolidation

Reduce your payements by as much as 70%.

Lower your total debt and interest rates.

Saves thousands on interest charges.

Stop creditors from harassing you.

Avoid bankruptcy.

Major Advantages of debt consolidation

•    Lowest monthly payments. Consolidating your debts may make you eligible for a smaller rate than the combined total of all your debts interest rates. You may also extend the term to reduce monthly payments. Do not forget that even if you extend your term, you can always pay more than the minimum monthly payment at all times.

• Save on interest on your credit cards. By consolidating your CC balances into one loan with lesser interest rates may substantially reduce your interest charges, the rates charged on the credit cards

• Benefit from the equity in your home and save more. By using your home as security for a loan, you may be able to negotiate a smaller interest rate for all your debts consolidated and prolong your repayment period to minimize the amount of your payments.

• A monthly payment. By consolidating your debts could significantly to simplify your finances, making sure you only have one monthly payments to make.

• Gather your debts in one place. Consolidate your debts within the same financial institution allow you to avoid wasting time. RBC offers a full range goods and allows you to access your accounts day and night, via Net Banking, Mobile Banking and Telephone Banking Service.