100+ Canadians Choose Us Weekly – 800+ All 5-Star Reviews – Read real stories here

Learn how to reduce your debt by 50-80% within 5-7 days

Free Debt Consolidation

No contact details required to find out if you qualify

Free Savings Estimate

Get Started

How it Works

Know More

Debt Relief Options

See Your Options

2023 Top 3 Benefits Of Canadian Debt Consolidation Programs

If you are living in Ontario and suffering from debt problems, you need to know this information now.

We helped thousands of Ontarians reduced their debts up to 75% with our personalized Debt Relief Program approved by the Ontario Government to help citizens get out of debt fast and in a secured way.

Know more about us and what we can do by clicking on the button below…

You're not alone

Helped with $ 27,000 $ 41,500 $ 35,000 $ 17,000 $ 23,500 $ 46,340 $ 21,000 $ 35,000 $ 26,700 $ 65,500 $ 57,400 $ 17,500 $ 75,500 $ 63,000 $ 35,000 $ 18,500 $ 55,000 $ 85,500 $ 43,000 $ 29,500 $ 27,800 $ 41,200 $ 35,800 $ 85,000 in debt

1 day 3 days 3 days 8 days 7 days 6 days 12 days 9 days 3 days 6 days 1 day 4 days 2 days 1 day 7 days 5 days 8 days 6 days 12 days 16 days 5 days 8 days 2 days 7 days ago in debt in

Orillia Huntsville Peterborough Toronto Brampton Kitchener Mississauga Hamilton Belleville Kingston Cornwall Oshawa Ajax St. Catharines London Sarnia Windsor Sault Ste. Marie Elliot Lake Sudbury North Bay Timmins Thunder Bay Ottawa

Debt Consolidation Canada

Learn how Canadian Debt Consolidation can help you this 2023.

If you are struggling with debt in Canada, don’t despair. There are a number of very efficient debt relief programs offered by debt consulting companies that can help people meet their financial obligations and achieve a debt-free life.

One good option for those seeking to become debt-free is a debt consolidation program. This is especially good for people who are struggling with multiple debts and are getting stressed out remembering to make all of their different monthly payments.

What is debt consolidation?

Debt consolidation is a debt relief plan in which multiple sources of debt are merged into one. Instead of having to remember to make multiple monthly payments to different creditors, you only need to make one monthly payment – towards your debt consolidation loan.

A debt consolidation loan is a loan that you can take out to pay off your other monthly loans. There are several advantages to paying off your loans this way.

1. Easy one time monthly payments

If you take out a debt consolidation loan, you now only have to make one monthly payment.

If you have several sources of debt that you need to pay, for example, a credit card and a line of credit, chances are you don’t pay them at the same time. They have different due dates.  It is also possible that there are different payment methods for each, as well as different interest rates.

For example, your credit card bill due date is every 30th of the month and you can pay it using online banking. But your line of credit is due every 15th of your month and you need to deposit a check at the bank.

It can be difficult to juggle all these different payment dates and methods – and if you miss your due dates, you will incur penalties. This will increase the amount you owe and make debt payments even more stressful.

With debt consolidation, you just now have to pay that one loan at one time and in one way every month.

2. Debt consolidation loans have lower interest rates

One thing that trips up people who have taken out a loan is the interest rates. An interest rate is a given percentage by which the amount you need to pay will increase by increments every month. 

The interest rate on a loan varies according to the type of loan and the loan provider. If the loan that you took out has a high-interest rate, you could find yourself struggling to make the monthly payments. And these monthly payments will increase the longer you go without paying them off. 

If you have multiple loans with high-interest rates, it will get harder and harder to make your monthly payments. And your debt will continue to increase.

However, debt consolidation loans typically have a lower interest rate than other types of loans. So the amount you need to pay will still increase slightly every month, but it will still be more manageable than if you had to deal with multiple loans with multiple interest rates.

3. Debt consolidation could improve your credit rating

Being in debt affects your credit score. If you miss payments, this can be seen in your credit history and could negatively affect your attempts to get a financial product in the future.

Banks and other financial institutions consider a person’s ability to pay bills and make loan payments on time and in full a factor in whether they will approve a loan or even a bank account or credit card application.

Debt consolidation makes it easier to make timely loan repayments and this will show on your credit score. As long as you consistently make your debt consolidation loan payments in a timely manner this will reflect positively on your credit score.

Debt consolidation is one of the only Canadian debt relief programs that doesn’t negatively affect your credit score.

With a debt consolidation loan, you could find yourself debt-free within three or five years – and with a better credit rating to boot.

Free phone call consultation from anywhere in Ontario 

Our Clients 5-Star Reviews

Nicole Van Casteren
Nicole Van Casteren
Read More
"Alan G was very helpful and put my mind at ease several times over the course of the process. I am very happy with the service."
Kelly Jagdeo
Kelly Jagdeo
Read More
"I was skeptical in the beginning but Suma assured me that this is a legit government approved program. She was professional and very helpful through my whole process. I am so satisfied with the outcome and can’t wait to be debt free! Thanks again Suma, Kelly."
Wendy Fuller
Wendy Fuller
Read More
"Fanoula understands and is there to help. She took control and guided me along the way. The service they provide is a life changer. Thank you for everything."

Top 5 Key Benefits of our Ontario Debt Relief Program:

To know more what you can benefit from our Ontario Debt Relief Program, simply try our Debt Consolidation Calculator below and one of our debt specialists will get in touch with you and provide you the best debt relief option that fits your situation.

Do you want to experience Peace of Mind from all of these?

  • Credit Card Debts
  • Personal Loans
  • Car Loans
  • Taxes
  • HST
  • 407
  • Household Bills
  • Payday Loans
  • Student Loan
  • and more…

Talk to us! We will help you get out of debt.

We will help you reduce as much as 75% of your debts and consolidate it into a single affordable monthly payment. Your creditors will stop harassing you and all interest will freeze if you get into our Ontario Government Debt Relief Program.

Many Ontarians are already benefiting from our Debt Relief Program, YOU should too!

Find out how much you can write off portion of your debts by getting your Free Savings Estimate below. A debt specialist from National Debt Relief Services in Ontario will discuss all options and provide you tailor-fitted Debt Relief Program.

We will help you compare
the options and savings of all formal debt relief programs available to you.


No contact details required to find out if you qualify

Frequently Asked Questions

A Debt Consolidation is a negotiated debt settlement offer made between you and your creditors with the help of a Debt Relief Agency in Ontario. Some key benefits of Debt Consolidation are interest-free program, no upfront fee required, combined monthly payment into one affordable amount, no lawsuits, and many more.

Yes, your assets are safe from creditors. A licensed debt relief agency in Ontario will help you come up with an offer to your creditors that will make sure your assets will be out of the paper.

No, in fact, this is one of the great advantages of a Debt Consolidation Program. All wage garnishment will stop from the day you filed the proposal.

The effect on your credit score is not going to be severe. Your credit score will most probably go to R7 Rating and will remain in your credit report for another 3 years after you completed the program. This means that it will not be permanent and you will still be able to rebuild your credit score.


This varies depending on the proposal you will be discussing with the help of a certified debt relief agency. It is also worth noting that debt consolidation cannot exceed more than 5 years.

If a debt is shared, you need to file a joint debt consolidation offer to your creditors. However, in most cases, in which the debts are individually incurred will have no impact on your spouse.

After three missed payments, your debt arrangement with creditors will be broken and you will end up getting chased again for the original debt amount plus interest.

A debt consolidation offer can be paid off earlier if you can. In this way, you receive your “Certificate of Completion” sooner and you can immediately start rebuilding your credit score. 

National Debt Relief Services Ontariois a certified Canadian Debt Relief Agency that offers FREE CONSULTATION to your debt consolidation needs. We value the trust given to us by our clients by making sure your personal information is confidential and private. Our personalized plans are designed to tailor fit your financial capacity. Our specialists will get in touch with you by simply answering a few questions thru the link provided below.

Why Trust National Debt Relief Services?

Debt relief program's accreditation logos
Council for Economic Education

Proud to support financial literacy education

See What Our Customers Have To Say

Dawn Friesman
Dawn Friesman
I've been working with Allicia Macdonald shes very professional and sweet. I cant thank her enough for helping me rebuild my life. Thank you so much.
Chantal Rolfe
Chantal Rolfe
Today I had a wonderful experience with Rachael, she was Very professional I was very happy with what we talked about today she was very Caring I highly recommend national debt relief services hundred percent😃
Jennifer Magill
Jennifer Magill
Brittany was awesome, she explained everything clearly and offered solutions every step of the way. It’s always nice to hear that you could do this or that, I didn’t feel forced to do anything and was able to decide clearly. Thank you 🙏🏼
Dave Tonnos
Dave Tonnos
This company will work with you and through any difficulties that may arise. They actually hold themselves accountable, how refreshing during troubling economic times.
marian kamara
marian kamara
I have a great experience working with Suma, she work me through the program, takes her time to explain everything to me about how the program work, what I need to do from start to end of the process. I’m so thankful to God for sending an angel Suma to help relief my debt. It’s a great company to work with. I will recommend this program for anyone in debt like me.
Donna Hutchings
Donna Hutchings
Connie B. was absolutely awesome! She explained everything in detail to me. Very professional to work with and takes the time with you. She really has compassion. So glad she helped me out. Thank you
lynn collins
lynn collins
Joel has made this so simple and effortless he made sure i was well informed and making the right decisions for my situation i would recommend joel at national dept Relief to anyone in hardship with there bills thanks alot joel i really appreciate everything you have done for me thanks!! 5 stars for sure! and its chad ball not my mom lynn lol
Billy Bong
Billy Bong
I had a great experience with Brittany, so helpful and understanding. Never felt like I was being pressured or rushed into anything. She was always there with answers to my questions. Thanks for all the help and peace of mind you helped me achieve.
Amber-lyn Miller
Amber-lyn Miller
Let’s Just Put It Simple....... Not All Hero's Wear Caps........I spoke with Suma over a fairly lengthy period of time because of my busy schedule and lack of free time on my part, and she was not only extremely patient and understanding, but also beyond helpful And informative. Any question I had and no matter how many times she had to explain it to me she took her time to make sure I completely understood every single step and process before she moved on to the next thing. I have been so stressed out and worked up about my debt and trying to figure out how to fix it all since I know I will not be returning to work at all in the future because of medical issues and being 26 with that realization makes things just that more stressful but Suma made everything so easy and my payments are $100 a month for less then 5 years with no interest or penalties for early pay off. I’m so glad that I didn’t settle with some other place that was asking for $350 + a month for 7-12 years and paying off early would cost you more.
Jessica Preston
Jessica Preston
Caroline F. was phenomenal, she was so helpful, understanding and compassionate. Caroline did not make me feel bad for my mistakes, she was supportive and caring, she helped me through this dark time in my life I'm so incredibly happy I crossed paths with her. Thank you Caroline for being so wonderful to me! <3

We Help Over 200+ Ontario Clients Per Day

We're here to help you consolidate your debt.

Get a free savings estimate today. There is no obligation.