Debt management

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What Canadian’s Should Know About Debt Consolidation and Refinancing

What Canadian’s Should Know About Debt Consolidation and Refinancing   For a lot of Canadian’s today, one of the biggest hurdles to financial security is paying off their debt. Unfortunately, because of how easily we can acquire debt - credit cards, lines of credit, auto loans, home equity loans - for many this task feels [...]

By |2019-02-27T17:08:52+00:00February 27th, 2019|Debt management|0 Comments

Is a Home Equity Loan Right for You?

Home-equity refers to your home’s fair market value minus any outstanding loans or interest that may represent a 3rd party’s ownership of your home. Any down payment that you have made on your home, plus payments you have made towards your mortgage, goes towards your home-equity amount. A home-equity loan is when you use the [...]

By |2016-02-17T16:05:38+00:00February 17th, 2016|Credit Bureau, Debt management, Home Tips, Mortgage Tips|Comments Off on Is a Home Equity Loan Right for You?

Five Reasons Why You Should Think about a Mortgage Refinance

Have you purchased a home in recent years? If so, you might want to consider a mortgage refinance. Even if you are happy with your current loan terms, you still might benefit from a mortgage refinance. Today we are going to take a look at several reasons why refinancing your home just makes practical sense. [...]

By |2017-01-04T00:58:49+00:00January 14th, 2016|Credit Bureau, Debt management, Home Tips, Investment Properties, Lines of Credit, Mortgage Tips|Comments Off on Five Reasons Why You Should Think about a Mortgage Refinance

New Rules Affecting the Alberta Housing Market

New Mortgage rules were put in place after the worldwide economic downturn that was spurred on by the housing crisis of the last decade. The legislation was meant to protect lenders and homeowners from high-risk loans that lead to high volatility on the market. Even though the government enacted these laws to help quell markets [...]

By |2017-01-04T00:58:49+00:00December 14th, 2015|Budgeting, Debt management, Economy, Mortgage Tips|Comments Off on New Rules Affecting the Alberta Housing Market

Should I Get a Mortgage? The things that you need to know before you try

Buying a home is the largest investment most people make in their lives, and mortgages are a valuable tool at your disposal for making that happen. This kind of decision should never be rushed, though. Here at Sky Financial, we want you to know everything there is to know before getting one so that you [...]

By |2015-12-01T17:57:42+00:00December 1st, 2015|Debt management, Mortgage Products, Mortgage Tips|Comments Off on Should I Get a Mortgage? The things that you need to know before you try

Should you Finance a Home Renovation?

Your home is your castle. It’s where you sleep, keep all of your things, and come home to after a hard day’s work. We know that we all love our home, but sometimes there could be a few things we could do to make it look better. Lots of our customers refinance to give themselves [...]

By |2015-08-27T17:50:27+00:00August 27th, 2015|Budgeting, Debt management, Home Tips, Lines of Credit|Comments Off on Should you Finance a Home Renovation?

What You Need to Know About Debt Consolidation Loans

A debt consolidation loan is a great solution if you are struggling to pay multiple creditors. A financial institution will offer you one large loan that enables you to pay off all your existing debts, leaving you to make a single monthly repayment to your loan provider. This is an attractive option as it basically [...]

By |2017-01-04T00:58:50+00:00May 14th, 2015|Budgeting, Debt management|Comments Off on What You Need to Know About Debt Consolidation Loans

Benefits of Debt Consolidation

The consolidation of financial obligations, bills, debts, and loans is an arrangement to pay your creditors, debtors, or mortgage holders with a new loan making total monthly payment less than the total of previous individual loans. Usually the length of time for scheduled payments is extended and a type of collateral or security is usually [...]

By |2017-01-04T00:58:50+00:00August 29th, 2014|Debt management|0 Comments

Sky Financial Corporation Helps Consolidate Debt Even With Bad Credit

Finding the best debt relief solution is not always a simple task for consumers who are far behind in their mortgage and credit card payments. The key to a successful financial solution is to understand your options.   Sky Financial Corporation allows holders of private loans to manage repayment by combining their eligible loans into [...]

By |2017-01-04T00:58:51+00:00February 27th, 2014|Debt management|0 Comments