Debt Free Future Financial

Do You know the 4 C's of credit?
If you want to successfully apply for a loan the lender looks at the following:

Credit Utilization: percentage of balance vs limit (should be 35% or less of limit

Collateral: Do you have security for the loan (house, car, etc.,)

Capacity: Financial ability to pay the debt while considering all other monthly payments

Character: Do you have delinquencies and if there was a valid reason for missing payments

If you need help understanding your credit bureau report please message me and I will be happy to show you how to improve your score

GREAT DAY FOR MY CLIENTS!
T.H. from Alberta had his unsecured debts of almost $50,000 reduced to $9,000 and with a monthly payment of $150 for 60 months
H.H. from British Columbia had her unsecured debts of almost $65,000 reduced to $11,400 and with a monthly payment of $190 for 60 months
S.Y. from Alberta had his unsecured debts of almost $42,000 reduced to $6,600 and with a monthly payment of $110 for 60 months
T.T. from Alberta had his unsecured debts of almost $90,000 reduced to $13,800 and with a monthly payment of $230 for 60 months
Thank You Trustee’s for filing these proposals and creditors for approving them!

I am very happy for my clients in Nova Scotia. Their credit cards and Lines of Credit were REDUCED from approximately $70,000 to $12,000 with an easy monthly payment of just $200 for 60 months at 0% interest. Their house and vehicles were not touched!

Imagine how much simpler your life could be!

If you know anyone that is drowning in debt there is a solution!

Please call or email me for a confidential conversation. If you are concerned about disclosing your identity, feel free to contact me and not disclose any personal information!
613 551 3414

I am going to launch a 3-part series for understanding and improving your credit!

Part 1 - Obtain a copy of your credit bureau report from Equifax AND TransUnion ✅

Why?

💰 1. The higher your credit score, the more money you will save. This includes your mortgage, car loans and credit cards interest rates!

❌ 2. 20% of credit bureau reports have errors on them. You could be one of the 20%!

📈 3. It is important to learn about your credit and how you can improve it.

Did you know that you are entitled to one free credit bureau report per year from each of the reporting agencies?

The two main companies are Equifax and TransUnion. Check out the links below ⬇️⬇️⬇️
https://www.consumer.equifax.ca/.../credit-score-report/
https://www.transunion.ca/product/consumer-disclosure

You can also view your score as many times as you would like, for free, from other sources like Credit Karma and Borrowell. Visit their websites here ⬇️⬇️⬇️
https://www.creditkarma.ca/
https://secure.borrowell.com/

I helped more clients have great results from filing a Consumer Proposal.
#1
Her debts were reduced from over $59,000 to $12,000.

Her monthly payment is now $200 for 60 months at 0% interest and can be paid off sooner when her financial situation improves.

#2
He had about his $12,000 of high interest rate loans reduced to $5,100 which was a much more manageable monthly payment of $85 per for 60 months at 0%.

You can just imagine the relief they are feeling!

Another big win for a client who is recently unemployed and unable to keep up with living expenses and minimum monthly payments on her credit card debts.

After reviewing her options, we decided that filing a Consumer Proposal would be the best course of action. By doing so, I was able to get her debts reduced from almost $39,000 to $7,200.

Her monthly payment is now $120 for 60 months at 0% interest and can be paid off sooner when her financial situation improves should she so choose.

You can just imagine the relief she is feeling!

If you or someone you know is in a similar situation and would like to discuss what options may be available, please call me at 613 551 3414 or email [email protected] for a confidential assessment.

Enjoy the weekend ☀️

I am happy for my client today.

We got $25,329 of debt reduced to $7200 paid back at $120/month at 0% interest.

1 in 2 Canadians are living pay cheque to pay cheque. That means they are very vulnerable to many things that could cause financial disaster.

If you or someone you know wants to change their life and get their debts reduced by up to 70% and eliminate the stress please contact me directly or share with those you know may benefit.

It is completely confidential and you do not have to provide your name when I explain the possible options to you specifically . If you are more comfortable not disclosing your name that is OK too.

I feel great today. I helped a single Mom reduce her high interest debt from $27,300 to $6000. Paid back at $100/month at 0% interest. It is making a really positive impact in her life both financially and mentally.

Thanks for reading! Cheers

How many GOOD financial habits do you have?

10 common money habits this CFP says his wealthiest self-made millionaire clients have that normal people could copy
CFP Faron Daugs reveals the habits his millionaire clients use to grow and maintain their wealth. (MSN Select)
1. They avoid debt
2. They buy their cars, and plan to keep them long-term
3. They have emergency funds
4. They invest
5. They take advantage of everything their employer has to offer- Employer retirement match, Employee Stock Purchase Plans (ESPP)
6. They don’t try to keep up with the Joneses
7. They utilize tax deductions
8. They look for other income streams
9. They start saving for their kids’ college early on
10. They seek advice
I can start you on a path to achieve this list!

Debt Free Future Financial updated their phone number.

Debt Free Future Financial updated their website address.