Drowning in debt? Let’s make it one simple payment.
Credit cards, lines of credit, car loans, payday loans — when payments pile up, interest eats your income. Through our partner Debt Medic, we can help you look at consolidating your debts into one manageable plan.
How debt consolidation works
Free review
We look at all your debts, interest rates and monthly payments — no judgement, no cost.
Options
Debt Medic reviews options such as a consolidation loan or other debt solutions that may fit your situation.
One payment
Many debts can be rolled into one payment, often at a lower total interest cost.
Protect & rebuild
Once your cash flow improves, we help you protect your family and start saving again.
Example: Raj & Simran
| Debt | Balance | Interest rate | Monthly payment |
|---|---|---|---|
| Credit card 1 | $9,000 | 19.99% | $360 |
| Credit card 2 | $6,000 | 22.99% | $240 |
| Store card | $3,000 | 29.99% | $150 |
| Car loan | $12,000 | 9.99% | $420 |
| Total | $30,000 | — | $1,170 / month |
If those debts were consolidated into a single $30,000 loan at 9.99% over 5 years, the payment would be about $637 / month — roughly $533 less every month, with one due date instead of four.
Illustrative example only. Rates, approval and terms depend on the lender and your credit. A longer term can lower payments but may increase total interest.
Debt consolidation calculator
Why it matters for your family
High-interest debt doesn’t disappear if something happens to you — it can fall on your estate and your loved ones. Once your payments are under control, the money you free up can go toward life insurance, critical illness coverage or a TFSA, so your family is protected and your savings start growing.
Ready for a fresh start?
Book a free, confidential conversation. In person in Ontario and Alberta, or over Zoom.
Debt consolidation services are provided by our partner, Debt Medic. We are licensed insurance advisors and do not lend money. Information here is general and educational, not financial or legal advice.