Tembo Helps Manage Your Debt through Debt Consolidation

Tembo Helps Manage Your Debt through Debt Consolidation Are you juggling multiple credit card and loan payments? A Debt consolidation loanwith Tembo Financial is an easy and cost-effective way to free up your cash flow and manage increasing debts.

What is debt consolidation?

Debt consolidation is the process of combining multiple debts into one simple payment. Interest rates are often much lower than balancing multiple high interest debts. A debt consolidation loan Ontario from Tembo Financial allows you to leverage the equity of your home to pay down debts faster while simplifying your finances.

Benefits of Debt Consolidation: •

Save Money (By lowering overall monthly interest rates) *

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Avoiding Bankruptcy or Consumer Proposal

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Maintaining and improving your credit score*

• Putting your home equity to work for you *All loans are subject to credit and underwriting approval. Loan amounts and interest rates change based on borrowers situation. There are no guarantees that the outcomes from a debt consolidation loan will be the same for all clients.

Tembo Deposit Loans Explained!

Are you in the middle of selling your home while looking to buy your dream home but don’t know where the deposit is going to come from? Tembo can help and here’s how.

We’ll use Mike and Mary in this example. They are on the cusp of selling their home or just recently sold. They’re excited as they search for their new home but anxious that they won’t have the funds for the deposit until their current

home closes. This could be months away! A short-term deposit loan would give Mike and Maria the flexibility to purchase their new home without worry. The application process is simple. Money can be transferred for the deposit within two business days. Repayment of these deposit loans are hassle-free with no monthly payments as Mike and Maria will replay the balance their sale on the home closes.

Deposit Loans Offer Flexibility for Homeowners Looking To Make Their Next Move Deposit Loans from Tembo Financial give homeowners’ tremendous flexibility when searching for their next property. As the housing market continues to roar on, homebuyers are expected to put down significant deposits often pricing existing homeowners out of the market. Using the existing equity in your home, Tembo can advance funds often within 48 hours and in many cases with no credit checks or monthly payments. These deposit loans get paid out simply with the sale of an existing home, giving homebuyers free rein when making that next purchase. Give Tembo a call to learn more.