You can make monthly payments to the lender after receiving the loan to pay off your debts. (canadiancashsolutions.com)
Use the loan to pay off all your creditors, and you only have to make a single monthly payment to the lender. (freedomdebtrelief.com)
Instead of making monthly payments to the lender, as per a traditional mortgage, the lender makes payments to the borrower throughout their lifetime. (cnbc.com)