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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

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debt consolidation

Best Practices For Debt Consolidation

Given the growing acceptance of debt consolidation, it is essential to know the top 5 debt consolidation strategies used in Canada so you can make an informed choice.


Recognize Your Debts

Before considering debt consolidation, it is essential to have a clear understanding of your debts.

  • You can use this information to decide which debts to consolidate and which to leave alone.
  • You will be able to decide better which debts are the most cost-effective to consolidate if you are aware of the amount of debt, interest rate, payment due date, and fees associated with each bill.

For instance, consolidating debt with a low interest rate would not be worthwhile because you would ultimately pay more in interest fees.

On the other hand, consolidating debt with a high interest rate would probably result in significant interest cost reductions.

Additionally, knowing when each debt’s payment is due will enable you to decide which bills need to be paid immediately and which ones can wait. With the aid of this information, you may decide which bills to consolidate first to make timely payments on all of your debts.


Look for the Best Deals

Finding the best debt consolidation rates requires comparison shopping, which is essential for success. There are many different debt consolidation choices available, each with its own distinct set of

  • interest rates,
  • fees,
  • payback terms,
  • and other important aspects.

The debt consolidation industry is competitive.

Compare the interest rates of various debt consolidation choices while looking for the best rates.

The total cost of debt consolidation is greatly influenced by interest rates, thus it’s important to pick a debt consolidation plan with a low interest rate.

  • The costs associated with various debt consolidation solutions should also be taken into account in addition to interest rates. Selecting a debt consolidation option with low fees is crucial because some debt consolidation solutions may have greater fees than others.
  • When looking for the greatest debt consolidation rates, another key element to consider is repayment terms. Longer repayment terms may be offered by some debt consolidation solutions compared to shorter payback terms offered by others. It’s crucial to pick a debt consolidation option with a repayment period that works with your financial situation and enables you to make payments on time.


Avoid accumulating more debt

  • For the debt consolidation program to be successful, there should be no more debt incurred especially within the repayment term. Getting a debt consolidation program can make it easier for you to repay your debt, but you must be careful to avoid exploiting this option for irrational spending or skipping payments.
  • The advantages of debt consolidation can be defeated if you use your ability to consolidate your debt to pay for pointless expenses. Debt repayment should make your life simpler, not more complicated.
  • Late payments on your combined debt may increase your fees and interest costs while also harming your credit score. Making prompt payments and refraining from taking on additional debt is crucial for the process to be effective.


Think About the Long-Term Effects

An essential stage in making sure the debt consolidation process is successful is taking the long-term effects into account. Your credit rating, ability to repay debt, and general financial condition can all be negatively impacted by debt consolidation as a financial instrument.

Your credit score may be negatively impacted by debt consolidation over the long term. If you consolidate your debts successfully, you can raise your credit score by streamlining your debt repayment and lowering your debt-to-income ratio. On the other hand, your credit score may suffer if you default on your repayment or accrue new debt.


Consult a Professional

One of the most important steps toward resolving debt problems and achieving financial stability is seeking professional assistance. Debt management firms, credit counselors, and financial consultants can provide individualized advice and assistance in managing debts and deciding on debt consolidation. 

These experts can give you

  • a thorough financial plan,
  • assess the effects of debt consolidation on your credit score and entire financial status,
  • and assist you in financial planning and budgeting.

You stand a better chance of combining your debts and reaching financial freedom if you seek professional assistance.



Choose National Debt Relief

National Debt Relief can be of assistance if you are battling with many debts and are seeking a way to streamline your debt repayment and reduce your monthly payments.

National Debt Relief can offer you a tailored debt repayment plan that matches your financial position and aids in achieving financial stability thanks to their knowledge and experience in debt consolidation.

Do not become overwhelmed by several debts. Take charge of your finances by contacting National Debt Relief right away.

Together, you will explore your debts, evaluate your financial status, and create a tailored strategy that satisfies your requirements.


You may bid high-interest debt farewell and welcome a more manageable, stress-free financial future with National Debt Relief. To find out more about their debt consolidation services, get in touch with National Debt Relief right away.

Our Clients 5-Star Reviews

Jennifer Chenier
Jennifer Chenier
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I was lost ... single mom... off due to Covid for 3 months .. did what it took to pay bills and look after my kids... and left with nothing but a tonne of debt I could not keep up with 😢. And then ....I met Connie.. Connie gave me my life back. The entire experience was like talking to my mother. She was full of compassion and knowledge and took me under her wing for this entire process. She turned tears into smiles and hope . She reassured me.. and made me feel like it was Going to be ok. I can’t thank her and the team (Paul) enough for helping me through this . I highly recommend National Debt Services to anyone looking for help with their debt . Start living again ❤️. Thanks Connie Jen
Katherina Preston
Katherina Preston
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"So glad I finally had the courage to make the call" Suma was amazing.. she guided me through my options and got the answers to all my questions. By the end of our very first phone conversation I had hope again...finally...no more sleepless nights worrying my debt ....Thank you National Debt Relief Services
Chris V
Chris V
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I would just like to thank Suma for really making feel comfortable throughout this entire process. Everyone tells you to watch out for gimmicks, quick fixes, and everything else that comes with Debt. Ive had other companies who had made promises and under delivered. However Suma and her team are quick to provide the right answers and guide everyone in a way towards better credit. She has made it seamless with great communication and availability. I have personally referred her to several of my closest friends and i would recommend her to anyone else looking for consolidation.

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?

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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

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