Consolidating your debts

Did you know?

People who take out debt consolidation loans always improve their chances of getting out of debt.
  • True
  • False

Keeping track of all your bills and debts can be difficult. Maybe you’ve missed a payment or two as a result. Consolidating your debts can simplify your finances by combining all your payments into one. You will usually end up paying less interest as well. 

What you should know

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Who can help

  • This information applies to British Columbia, Canada
  • Reviewed for legal accuracy in June 2018
  • Time to read: 9 minutes

Reviewed for legal accuracy by

John Fiddick, Whitelaw Twining

John Fiddick

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