Consolidate Your Credit Card Debt
With Rates as low as 6.99%*
Complete our online Quick Quote in 2 minutes for your personalized loan rate.
Loan Application can be completed in 7 minutes
Get a response in 60 seconds
Receive your funding the next business day
This will not impact your credit score
Take Control of Your Finances With a Symple Loan
A credit card refinancing loan is a straightforward way to pay off one or multiple credit card balances in part, in full and over a fixed period of time. When facing high-interest rate credit card debt, a personal loan with a lower interest rate can help you pay off your cards faster and with less interest over time.
Personalized Rate Quote
Loan Terms from 1 to 7 Years
No Early Repayment Fees
Private and Secure
Tackle Credit Card Debt and Bills With a Plan
When taking out a personal loan from Symple Loans to refinance your credit card debt or pay down bills, the funds can be used to pay down common types of debts including: Credit Card Balances, Buy Now – Pay Later Accounts, Utility Bills, Repair Bills and more.
Credit Card Balances
Utility Bills
Buy Now – Pay Later Accounts
Repair Bills
This will not impact your credit score
Symple Loans Rates
Our interest rates are often lower than what other lenders are offering and our Quick Quote feature gives you an indicative rate before you apply. You can have the money in your account the next business day.
Rates
| Interest Rate | Establishment Fee |
|---|---|
|
6.99% p.a. to 26.99% p.a.* |
From 0% to 5%* |
| APR |
|---|
|
From 6.99% p.a. to 32.00% p.a.* |
Loan Options
| Minimum Amount | Maximum Amount |
|---|---|
|
$5,000 |
$50,000 |
| Minimum Term | Maximum Term |
|---|---|
|
1 Year |
7 Years |
Get Started With A Personalized Quick Quote Rate
Check Your Rate in 2 Minutes and receive a personalized Quote Rate. It won’t impact your credit score.
This will not impact your credit score
Symple Loans Eligibility
This will not impact your credit score
Credit Card Debt FAQs
Why should I use a personal loan to pay off my credit cards?
Personal loans are a great option for lowering credit card debt by consolidating outstanding amounts and reducing high-interest rates. With most credit cards averaging an interest rate of 22.99% or higher, Symple Loans offers a smarter way to get ahead of credit card debt starting at just 6.99%. Symple Loans allow you to pay off your debt faster, have lower monthly payments, and increase your chances of improving your credit score over time.
Whether you’re carrying a small or large balance, Symple Loans offers personalized credit card refinancing loans from $5,000 to $50,000 to help you take back control faster.
What is a Credit Card and Bill Refinancing loan?
Am I eligible for a Symple Loan?
If you meet the below requirements, you are eligible for a Symple Loan:
1. Be at least 18 years old
2. Be employed and receiving employment or retirement income over $50k annually
3. Be a Canadian Citizen or Permanent Resident
4. Residing in Canada (excl. NS QC, SK)
5. Have no previous bankruptcies
How much can I borrow for a Credit Card and Bill Refinancing loan?
Customers can request for $5,000 to $50,000 and select loan terms from 1 to 7 years. The amount that you are approved for is dependent on your personal application.
What rates and terms are available for my loan?
At Symple, our application assessment and underwriting process allows us to better understand the specific circumstances of each applicant and offer customized interest rates and loan terms. Our rates allow you to pay off your loan faster while paying less interest over your term.
- Rates starting at 6.99%
- Terms from 1-7 years
Can I pay off multiple credit cards and bills with my loan?
Will receiving a rate estimate impact my credit score?
How long will it take to receive my funds?
Can I pay off a debt consolidation loan early?
Can I change my payment date to line up with my paycheck?
Are there any hidden fees?
Absolutely Not! Origination fees may be applicable on your Symple Loan and help us provide you with the best customer experience from the comfort of your home, while keeping your interest rates low. These fees are a one-time charge of 0-5% and are added to your loan principal which can be paid off over your loan term. Late payment fees of $45.00 will apply for missed or late scheduled payments.
Who can I ask for more information?
How can I apply?
You can apply anywhere at anytime from the comfort of your own home, or on your daily commute by answering a few quick questions. Click to check your rate! Monday to Friday between 9AM-5PM EST at 1-888-479-2292.
This will not impact your credit score
