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What is debt consolidation?

Region: Ontario Answer Number: 0273

Although personal bankruptcy allows you to make a fresh start free of most of your debts, if you have a steady income and a satisfactory credit rating, you may want to consider another option with less serious consequences.

Loan consolidation with bank

You may be able to combine all of your debts into one consolidated loan with either your bank or another financial institution. A consolidation loan is always a good idea because your interest rate will be lower than the interest rate on your credit cards, and you will only have to make one payment on your loan each month instead of many different payments to each of your credit cards.

There are many options to consider when you are in a situation of financial difficulty.

A criminal record will affect your ability to get a loan, a mortgage, or a job. To erase your criminal record, call toll-free 1-866-898-7767 or learn more at Pardon Pros. It’s easier than you think.

For free information, tools, and help to manage your debt, contact our preferred debt consolidation non-profit agency, Credit Canada Debt Solutions.


You now have 5 options:

Credit Canada Debt Solutions Debt & Bankruptcy Ontario All Topics Oct 2017Credit Canada Debt Solutions Debt & Bankruptcy Ontario All Topics Oct 2017

Pardon Pros Debt & Bankruptcy Ontario Oct 2017 – All TopicsPardon Pros Debt & Bankruptcy Ontario Oct 2017 – All Topics

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