Canada best debt consolidation in May 2024

Reduce your payment by up to 50%

Employed
  • Employed
  • Self-Employed
  • Student
  • Retired / Pension
  • Employment Insurance
  • Other
No Credit / Unsure
  • Good (650+)
  • Fair (550 - 650)
  • Poor (400 - 549)
  • Very Poor (399 or less)
  • Current Bankruptcy
  • No Credit / Unsure
AB
  • AB
  • BC
  • MB
  • NB
  • NL
  • NS
  • NT
  • NU
  • ON
  • PE
  • QC
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  • YT
8 Results

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Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.

#1 Choice
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Spring Financial

$500 - $35,000
Loan Amount
9.99% - 46.96%
APR Range
  • Pay back anytime with no fees
  • Funds e-transfered the same day
  • Bi-weekly or monthly repayments
Pros & Cons
Extra Details
Popular
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Smarter Loans

$500 - $50,000
Loan Amount
9.99% - 46.96%
Apr Range
  • Safe & secure
  • Apply in 30 seconds
  • Find reputable lenders
Pros & Cons
Extra Details
Best Value
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SkyCap Financial

$500 - $10,000
Loan Amount
12.99% - 39.99%
APR Range
  • 600+ credit score required
  • Affordable Payments
  • Quick and Easy Online Process
Pros & Cons
Extra Details
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Consolidated Credit

$5,000 - $50,000
Loan Amount
Varied
Apr Range
  • No credit score required
  • For residents of Canada
  • 6 - 60 month terms
Pros & Cons
Extra Details
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Consolidated Credit Canada

$5,000 - $50,000
Loan Amount
Varied
Apr Range
  • No credit score required
  • For residents of Canada
  • 12 - 60 months terms
Pros & Cons
Extra Details
Apply Now

Loans Canada

$500 - $50,000
Loan Amount
2% - 46.96%
Apr Range
  • Funded in as little as 24 hours
  • For residents of Canada
  • 3 - 60 month terms
Pros & Cons
Extra Details
Apply Now

LoanConnect

$500 - $50,000
Loan Amount
5.75% - 46.96%
Apr Range
  • Pre-approved in 5 minutes
  • For residents of Canada
  • 6 – 60 month terms
Pros & Cons
Extra Details
$500 - $35,000
Loan Amount
29.99% - 49.96%
APR Range
  • Funded in as little as 24 hours
  • For residents of Canada
  • 12 – 60 months terms
Pros & Cons
Extra Details

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Tell us how much debt you currently have and the monthly payment amount. We'll take it from there.

Best Match

Best Match

Get instantly matched with the best debt consolidation solution for you from the top Canadian options.

Enjoy Savings

Enjoy Savings

Bask in the satisfaction of paying less per month and taking control of your finances.

FAQs about
Debt Consolidation

Have a different question? Contact us today.

What is debt consolidation?

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.

Should I consider debt consolidation?

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.

How does debt consolidation work?

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.

Get pre-approved for
Debt Consolidation

Lower your monthly payments