Understanding Debt Consolidation In Canada

You have a few outstanding debts and are having trouble keeping up with the monthly payments. A debt consolidation loan can be an efficient alternative to consolidate these multiple payments into one. You end up with a simpler debt repayment plan and may be able to lower your overall monthly payments.

But is a debt consolidation loan the best option for you? Who should you borrow from? Your banker, a mortgage company or a finance company? Are there other alternatives that will help you get out of debt sooner?

Our quick slideshare offers a brief overview of the landscape of debt consolidation in Canada, including the advantages and disadvantages of taking out a debt consolidation loan.

Want to know more? We’ve also summarized some of our most read blog articles about debt consolidation to help you make the right choice.

Where to Start

Concerns & Cautions

Alternatives

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