There are mortgage rules in Canada about using your home equity to consolidate debt.

Before you increase your mortgage to deal with your debts, take out a second mortgage at a higher interest rate, or apply for a home equity loan, talk to one of our experienced Credit Counsellors.

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student loan is subject to completion of a loan application/consumer credit agreement, verification of application information, credit qualification, and a benefit to borrower determination.

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.

Our appointments are either in-person, in one of our offices, or over the phone; whatever is easier for you.

Or, it might make sense to consolidate high interest rate debts into one monthly payment with a lower interest rate.

However, if your credit rating has gone down because of your debts, you may have difficulty applying for a loan.

It allows you to get out of debt by making one monthly payment that fits your budget.

To find out if a DMP is a good debt consolidation option for you, one of our Credit Counsellors would be happy to look at your situation with you.

A debt consolidation loan is when someone borrows money and then uses that money to pay off other debts.