Mary was off work for 3 months with no income and she fell behind on her bills. Mary is now back to full-time work but not able to get caught up on all of her bills. Mary didn’t know what to do.
How did we help?
We told Mary about a product that might help her. Mary was referred to Alex from our Client Solutions team to start an application for a Debt Consolidation loan. By consolidating her CIBC credit card debt and CIBC line of credit into a new loan, she was able to make one manageable monthly payment.
Mary became debt-free over the next few years after making all her monthly payments on time. If you’re suffering a financial setback and can’t meet your existing payment obligations on your CIBC debts, speak to us today.