FinviloCredit Counselling Canada
Credit Counselling Canada Member Agencies
Directory of non-profit credit counselling agencies across Canada.
Full details for Credit Counselling Canada Member Agencies (opens in new tab)Debt Solutions in Canada
Options for managing debt in Canada, from counselling to consumer proposals.
Compare debt options by total cost, legal consequences and whether the payments are sustainable. Debt consolidation is not the same as a consumer proposal or bankruptcy.
Browse by type
Verified options
Financial Consumer Agency of Canada
FCAC Budget Planner
A free budget planning tool from the Financial Consumer Agency of Canada.
Full details for FCAC Budget Planner (opens in new tab)Office of the Superintendent of Bankruptcy
Licensed Insolvency Trustee Search
The federal search tool to find a licensed insolvency trustee who can explain consumer proposals and bankruptcy.
Full details for Licensed Insolvency Trustee Search (opens in new tab)Scotiabank
Scotia Plan Loan
Structured borrowing for larger purchases or consolidating higher-interest balances. Fixed or variable interest and penalty-free early repayment are listed.
- Payments
- Weekly, biweekly or monthly.
- Prepayment
- No prepayment penalties.
- Term
- Up to five years.
- Rate structure
- Fixed or variable.
TD Canada Trust
TD Personal Loan
Borrowing for large purchases or consolidating debt, with fixed or variable interest options. Compare total repayment and fees with the debts being replaced.
- Term
- One to seven years.
- Rate structure
- Fixed or variable.
- Uses
- Large purchases and debt consolidation.
- Minimum loan
- CAD 2,000.
What to check before choosing debt solutions
Repayment outcome
Compare the full amount owed, interest, fees and expected timeline.
Credit and legal effects
Ask how each option affects credit reporting, assets and creditors.
Qualified help
Check credentials and understand whether you are speaking to a lender, counsellor or licensed insolvency trustee.
Consumer proposals and bankruptcies require a licensed insolvency trustee. Seek qualified advice before deciding.
Before you visit a provider
Confirm current fees, rates and eligibility directly with the provider. Product terms can change over time. A listed product is not a recommendation or a promise of approval.
Availability must be confirmed for your province or territory. If product-specific location or eligibility information is missing, it is not confirmed.
For further guidance, visit Office of the Superintendent of Bankruptcy.
This is general information, not personalized advice. Read our editorial policy and affiliate disclosure.