Start with the reason for the decision
Read the key facts before you choose.
Read the full details
Start with the reason for the decision
Ask the lender what information informed its decision and whether it can explain the issues you would need to address. Keep that explanation with your own notes. This website cannot reverse a lender’s decision or tell you that another lender will approve you.
A different offer is not automatically a better outcome
Read the key facts before you choose.
Read the full details
A different offer is not automatically a better outcome
FCAC warns that a consolidation product with a higher rate than your existing debts can increase your debt. It also notes that several loan applications in a short time may affect your credit score. Compare costs before starting another application.
You can change the kind of help you request
Read the key facts before you choose.
Read the full details
You can change the kind of help you request
If you want to continue exploring borrowing, choose the consolidation enquiry below. If your priority is coping with payments, choose counselling instead. Those are separate purposes; selecting one should not silently sign you up for the other.
What to have ready
- Do you know why the earlier application was declined?
- Would a new payment actually fit your budget?
- What rate, fees and repayment term would make the offer worthwhile?
- Would help reviewing existing payments be more useful than another application?
You do not need account numbers, your SIN, bank passwords, or files to start.
Is a DebtHelpers enquiry a second loan application?
No. It records the type of introduction you are requesting, not a lender decision. DebtHelpers does not check your credit in this form. Any later provider application would be a separate step with its own disclosures.