Studies have shown that the typical Canadian family with a residential mortgage loses an average of $1,000 per year by not effectively managing their debts and short-term assets. By spreading their debts and income across a variety of products and accounts, many Canadians are losing money.
Consolidating debt — particularly high-interest credit card debt — can go a long way towards reducing the overall debt load for many people. At Casera, there is a variety of loan options available to members, including secured or unsecured personal loans, or borrowing against your mortgage. Call, click or drop by your neighbourhood branch today to discuss your options.