Debt Consolidation Financing
Debt consolidation can be a financial lifesaver. If you’re drowning in consumer debt, you can combine these loans into one loan with a lower interest rate. You can free up more cash each month while paying down your debt faster.
What Morgix Clients Say:
Debt consolidation is a loan designed to combine your high interest debt, credit cards, and other loans into one singular loan, under a better interest rate, and a more manageable term.
You could take advantage of a debt consolidation loan if you have multiple high interest credit cards, loans, and are tired of trying to keep up with multiple payments and vendors. Let’s get it all together and help pay down your debts faster.
Save Thousands of Dollars Per Month
& Cut Up Those Old Credit Cards!
MORGIX can help. Debt consolidation is an often overlooked way to get back on track.
Carmela had been carrying credit card balances of around $50,000 at interest rates between 18.99% and 24.99% for the last few years, religiously making minimum monthly payments and not making a dent in the principal.
Tired of paying over $1,000 /month in interest and seeing collection notices and judgments piling up, she called her MORGIX agent and got a second mortgage at a rate of 8.99%. This allowed her to dramatically reduce her monthly payments and reduce the interest cost to $375/month saving her $625 a month on her monthly payments.
Through one of MORGIX’s trusted affiliated, MORGIX was able to settle out her debts saving her over $10,000 without credit counseling or consumer proposal. Together they cleaned up her credit and today she’s ready to roll her debt consolidation mortgage into her new first mortgage, cutting her interest rate in half, again.