Let Our Network Work For You
The team at Credit Coach is passionate about your success. We understand that even with all the value and assistance that we provide, there are scenarios where a specialized professional is what is really needed. With that in mind, we have partnered with the best of the best in every industry that could possibly assist our clients. By working with Credit Coach, this networks becomes accessible for them at any moment. Should we believe that specialized help is in a clients best interest, we wont hesitate to bring in one of our partners. From dealing with debt to purchasing a home, we have a partner that is ready to help. Below we'll outline some of the areas that our network can assist our clients.
Insolvency Trustees And Debt Negotiation Lawyers
Insolvency trustees are licensed specialists that file consumer proposals and bankruptcies. These options for dealing with debt are useful in specific cases where consumers have no possible way of paying off their existing debt and don't have an asset such as a home to assist them. The trustees will calculate an amount that can be paid based on the finances and negotiate a settlement with all of the existing creditors to close the accounts. The clients credit will be negatively impacted for a minimum of 5 years and they will not be able to obtain any form of credit.
An alternative to this is informal debt settlement where a real-estate lawyer will negotiate any accounts that are in arrears. This approach saves the clients money and does not report anything negative to the credit bureau which means the credit score will begin increasing in just a few months. However, to use this method, clients require funds to pay the settlements that the lawyers negotiate.
Home Equity Specialists
The number one reason for bad or low credit is outstanding debt. Carrying balances on your credit cards hurts the credit score and with the increased cost of living throughout Canada, many people are struggling to pay down their debt. As a homeowner, there are many options available to use that home and better your financial situation. Credit Coach has partnered with mortgage brokers and agents across Canada to bring these options to our clients. Alongside the mortgage professionals are various private lenders that make these deals possible. Whether its a new mortgage, second mortgage, or home equity line of credit, our partners are there to find the best possible solution.
Real-Estate Professionals
Whether buying, selling, or downsizing, Credit Coach has a wide selection of real-estate professionals ready to assist our clients with any decision. Our partners are nation wide and are part of Canada's biggest real-estate brokerages. Having helped thousands of clients make their next move, they are ready to address any concerns our clients might have and are always there to make a suggestion that reflects the current market. Alongside our agent partners are real-estate lawyers that finalize these transactions. Our network of lawyers are able to assist in any difficult situation making the experience faster, easier and less of a headache.
