You can remove all local shared objects created by CIBC Flash tools from your computer using instructions found here.The calculation is based on the information you provide and is for illustrative and general information purposes only.You may find that debt consolidation loans are the best option to help you formulate a path to financial freedom.This calculator will add a file, known as a local shared object or a Flash cookie, to your computer.This is a legal and ethical way to get out of your overwhelming debt situation.According to the Government of Canada, “this option [debt consolidation] may be suitable for debts such as those relating to credit cards, public utilities or other consumer loans.
This saves you money on interest fees and lets you pay off your loan faster.” With debt consolidation, you essentially ask a creditor to loan you one big lump sum of money to pay off all those small debts.
This file contains configuration information, as well as information you enter and the calculator results you are presented.
CIBC does not use the information in local shared objects for analytical or other purposes.
The banks never want to be in this position but with an asset banks feel more comfortable about lending more money to you and earns you an even lower interest rate.
Debt consolidation is about increasing your leverage with the primary goal of lowering your interest rate.