Debt Consolidation in Canada
Combine multiple debts into one monthly payment. Potentially lower your interest rate and simplify your finances. Subject to lender approval. Available amounts range from $2,000 - $50,000 with terms of 12-60 months. APR from 6.99% to 34.99%.
Typical Requirements
- Canadian resident age 18 or older
- Regular source of income
- Active Canadian bank account
- Valid government-issued ID
Browse debt consolidation options in cities across all Canadian provinces. Compare APRs, amounts, and terms from verified lenders.
Why HELOC Loans?
Lower Interest
HELOC rates are typically 3 to 8 percent versus 20 to 47 percent for unsecured loans.
Interest Only Option
During the draw period, you may only pay interest, keeping monthly costs manageable.
Reusable Credit
Pay down your balance and borrow again. Like a credit card secured by your home.