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With Comparewise, you’ll be able to compare the best debt consolidation deals from the best lenders in Canada. Want to know what the latest debt consolidation rates are in Canada? All you have to do is fill out the form above to try our free, no-obligation service, and we then connect you with debt consolidation providers or brokers who get rates from a variety of lenders.
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Debt consolidation is a loan intended to lower monthly payments from several debt sources. Lenders include banks, credit unions, private loan companies, and trust companies.
Be sure to consider all your options and compare terms and rates. Comparewise can help you in this regard by providing you with multiple quotes to compare and analyze.
Debt consolidation comes in handy if your current debts are too much for you to handle. For example, if you find it unsustainable to make your monthly payments on your existing debts, debt consolidation may be a solution for you.
Once a Canada lender approves you for a debt consolidation loan, you will only have to pay that one lender instead of making payments to all of your previous debt sources. You’ll work with the debt consolidation lender for the remainder of your loan term.
Lower your monthly payments