This debt consolidation calculator is designed to help determine if debt consolidation is right for you.Fill in the loan amounts, credit card balances and other outstanding debt.Depending on how much equity you have in your home, you might be able to borrow against it and use the cash you get to pay off debt.There are mortgage rules in Canada about using your home equity to consolidate debt.
A legal type of debt consolidation is available in Canada through a Bankruptcy Trustee.
Getting help from us is as easy as giving us a call or chatting with us online.
We know that it can be hard to ask for help with your debts, so we do everything we can to answer your call quickly, provide you with the information you are looking for and book you a free credit counselling appointment if that’s what you need.
However, by doing that, you run the risk of never paying your debt off.
Rather than using credit that never really has to be paid off to consolidate your debts, our experienced Credit Counsellors will help you look at all of your options.