Hamilton (905) 769-2005

Rising Interest Rates

Rising interest rates in Canada have led our top economists to predict further increases after a long period of low rates. For many Canadians, the interest you pay on your mortgage, car loan, and credit cards will rise, leaving you with even less money in your pocket. Fuller Landau Debt Solutions can help.

There are a few things you can do to protect yourself from rising interest rates and protect yourself from further debt. You can 1) pay off your high-interest credit cards first, to reduce the amount of interest you pay; 2) lock in now with fixed-rate loans on assets like a car or a home, before rates rise further; and 3) call Fuller Landau Debt Solutions for a free consultation.

As Licensed Insolvency Trustees with offices in Toronto and Hamilton, we will help you explore all your options, including debt consolidation services, credit counselling, Consumer Proposal, or Bankruptcy.

Get a fresh start today. Call 416-927-7200 for a free consultation.

About Post Author

Ken Pearl

With over 25 years of expertise as an accountant and Licensed Insolvency Trustee, Ken brings a unique perspective and understanding to consumer insolvency issues. Working closely with both individuals and businesses in financial distress, he makes it a priority to understand each client’s specific situation, and he invests the time to carefully explain the various debt-relief options and their implications.