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Debt Consolidation

Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. It may include many different types of liabilities.


Debt consolidation-Such Loan is taken to pay off all or partial existing liabilities in order to reduce the number of liabilities. All existing loans and credit cards will be consolidated into a single loan that is more favorable. The new loan might come at an attractive rate of interest, flexible repayment term and other benefits. Consumers usually use debt consolidation as a tool to get out of debt.

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Eligibility Criteria
  • Salary: 5k & above
  • Age: 21 to 60 years
  • Length of service: 6 months or confirmed.
  • Company: Mostly for listed companies in Banks.
Mandatory Requirements
  • A valid copy of Passport, Resident visa, and Canadian ID.
  • Salary certificate addressed to the respective bank.
  • 3 months bank statement.