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What are insolvency loans?

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What are insolvency loans?

I have been determined to be in a state of insolvency as I cannot keep up with debt payments.
 
Someone mentioned that there is the possibility to apply for something called an insolvency loan. Is his true?
 
Can I get a loan to pay all my debts off and make one monthly payment?
 
Any information would be great just wanted to know if this actually a thing.
 
Thank you.

Answers

By Magical Credit
Hello,

Thank you for contacting us!
 
Magical Credit is a short term private lender who help people with bad credit. 
 
If you are interested in Consolidating all your debts into one monthly payment you can always visit our website to find out more information on consumer proposal options https://www.magicalcredit.ca/loan-types/consumer-proposal-loans/ 
 
I hope this has helped to answer your question.
 
Feel free to also apply online directly at: www.magicalcredit.ca/application/
 
Thank you,

Customer Service.
2 comments
Level 1 (XP: 0)
5 hours ago
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Level 1 (XP: 0)
Thank you for the info

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