Credit FAQs

Can you give me advice on how to manage my debt?

While I am not a financial advisor, I am a Certified Public Accountant and Chartered Accountant. I will work with you to create the best financial outcome, including debt management.

Does my credit impact my ability to get a mortgage?

Yes, your borrowing power is increased with a higher credit score, and in many cases, most lenders offer better rates to those with higher credit scores.

What is debt consolidation?

Debt consolidation can be a great option to pay off credit card debt, loans, or a line of credit, allowing you to manage a single monthly payment versus multiple payments. 

Paying debt on credit cards is the most expensive means of carrying debt! Consolidating your debt will increase your cash flow by moving that debt into your mortgage at a lower interest rate. This results in lower monthly payments and in many cases, higher credit scores.