Creditaid: Helping Canadians Be Debt Free Since 1992

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What is Debt Consolidation and How Can It Benefit Me?

Debt consolidation involves taking several monthly debt payments from different creditors and consolidating, or combining, them into one monthly payment. Creditaid's debt consolidation staff will negotiate with your creditors to reduce interest and decrease your monthly payments. Your new lower consolidated debt payment would then be made to Creditaid. Creditaid would in turn make payments to your creditors.

The benefit of debt consolidation comes from several factors.

  • Eliminates collection calls from creditors
  • One payment instead of many 
  • Reduced monthly debt 
  • Pay off debts quicker 

Debt consolidation is not the solution for everyone. Our credit counselling staff can help you decide if consolidating your debt is the right solution for you.

For a FREE confidential debt consolidation consultation, complete the Consultation Sign Up Form or call us at 204-987-6890 to get help now!

Creditaid is a BBB Accredited Financial Service in Winnipeg, MB Winnipeg Chamber of Commerce Credit Counselling Manitoba Financial Literacy ForumProud-to-Support Habitat 2015