If your debt is getting out of hand and your numerous high monthly payments are making it difficult for you to meet all of your obligations, it might be the right time to consider debt consolidation. Debt is something that almost all households struggle with and there are various debt consolidation loans that are designed to be the fastest solution to your debt problems. Before you seriously consider debt consolidation as the best option for you, it is important that you learn about the many benefits.
Learn about the biggest benefits you can obtain
through debt consolidation
Lower Interest Rate
If you have more than one monthly payment that incurs interest, it is possible that lowering your interest rate can help you save and get out of debt faster. With a debt consolidation loan also known as a cash-out loan, you can often expect a lower interest rate that is more competitive. Lowering your current interest rates even a small amount can make a huge difference. Chances are you could be saving hundreds each month with a lower interest rate.
Single Monthly Payment
Instead of having numerous monthly payments you can combine all of your debt into one monthly payment that is more reasonable. This means that you will no longer be paying multiple bills at differing interest rates. It will now be possible for you to have a single payment with one interest rate that allows you to pay off your debt faster.
Speed Up the Process
Making your way out of debt is not easy, but it can be made faster through a debt consolidation loan. With the money that you get from the loan, you will be able to make more than just the minimum payments on your debt, which will allow you to get out of debt quicker and pay less in interest over time. The faster you pay off your debt only helps you save more money in the long run.
Improve Your Credit
Your credit is important and a deciding factor in loan approval. If you want to improve your credit score, it is important to think about debt consolidation as a means of bettering your credit. More debt only lowers your credit score, but paying off your accounts will make a huge difference. If you are drowning in debt, you do have many available options and one of them is debt consolidation.
I have been working with Milka since 2006. She is very professional and dedicated and always prompts to respond. She is extremely knowledgeable and a valuable source of guidance and support as she takes you through the process of Mortgage financing from start to finish. She really goes above and beyond for her clients and is committed to ensuring her clients always come out on top. I have already had 4 mortgages and 2 refinance with her since 2006 and she always gets me the best rates in the market. If you are looking for someone with great expertise who is helpful and always available every step of the way to help you complete your mortgage you must contact Milka.
Collaborated with Milka on my mortgage and refinancing this past week. She knows her industry, explains details and information clearly, and alleviates any issues or concerns.
She’s very personable and easy to approach as well, just a nice person to deal with who will have your back !
Milka did a great job for me! She has great experience dealing with independent business people and contractors, those of us who don’t fit easily into the boxes of conventional banking models. Even though my first time home purchase was a relatively small one, I never felt as if I were being treated any differently from her multi-million dollar clients. She patiently held my hand throughout the whole process and ironed out the wrinkles along the way. I would not hesitate to recommend her to my friends and colleagues.
I absolutely recommend Milka to my friends and family. This is our second time using her service as our mortgage broker.
Simply The Best Customer Service Ever!
Milka is so knowledgeable, caring and easy-going. I felt like she always had our best interests in mind. I would recommend her to anyone. She knows her stuff and will take the time to teach and explain things to you. She made the stress of buying a new home a little less so. Thank you, Milka!
Milka rocks! If you want a mortgage broker who does all the heavy lifting and is quick – making decision making and arrangement easy – Milka is the broker for you!!! She worked so hard…even for a 0.05% difference. We love that she’s a local to Tri-Cities and was able to refer us to local services (i.e. notary). Seriously…one-stop shopping with this lady and so efficient and knowledgable.
I am a first time home buyer with challenging finances (self-employed musician, etc.) I tried multiple mortgage brokers, Milka gave me the best deal and the best mortgage that worked for me. She was quick, thorough and very professional.
The best broker out there! When you are a busy realtor, you need to make sure you’re clients are in the best hands~
We have been working with Milka several times for the past few years. she has been very helpful and always response questions right away. Would definitely recommend!
Milka really helped me out with a new mortgage when I needed to cash out some of the equity in my home for an investment. As a small business owner it can be difficult to get a mortgage, but Milka was able to get exactly what I wanted! I highly recommend her.
Milka was great. she worked tirelessly to get us the best rate, while paying close attention to all our contractual requirements. she was an absolute pleasure to deal with. I highly recommend her services as mortgage broker, extraordinaire.
We started working with Milka in 2003 when we purchased our first home and have used Milka on a total of seven property purchases since. We have found Milka to be extremely knowledgeable, helpful and responsive and we keep going back to her because she delivers great results. We highly recommend Milka Lukacevic as a mortgage broker.
Milka was extremely helpul with our mortgage renewal. She has excellent knowledge of who the best lenders are and what the best rates are, and helped explain what makes some lenders better than others. She is extremely responsive and very client centric. I will be recommending her to all my friends and family.
Feeling a bit beaten by the life misfortune we met Milka lukacevic to refinance our mortgage. We have found a European, warm , empathetic Lady who helped and alleviated our stress. Extremely professional, knowledgeable competent ,easy going person.She is the best mortgage broker ever! !!It was an absolute please to deal with her in this quite challenging experience. We will certainly recommend her service to our family and friends
Over 25 Years of Lending Experience