About Payoff Path

Payoff Path explains the ways Canadians can consolidate and pay down debt, from consolidation loans to consumer proposals, without trying to sell you any of them.

How we research

• Every rule, rate and figure is checked against primary sources: the Financial Consumer Agency of Canada, the Office of the Superintendent of Bankruptcy and the Criminal Code.
• Guides list their sources so you can verify them yourself.
• We review pages whenever the underlying rules change, and at least once a year. The "Updated" date on each page shows the last review.

Corrections

If you spot an error, tell us. We fix mistakes promptly and update the page date when we do.

How we're funded

Payoff Path is supported by advertising served by Google AdSense. Advertisers have no say in what we publish, and we don't accept payment to recommend any company or product.

What we're not

We're not lenders, credit counsellors or Licensed Insolvency Trustees, and nothing here is financial or legal advice. Read our full disclaimer.