If you owe taxes in Canada, you might be wondering if you can get a loan to pay off the owed amounts. The answer is usually no. If you are behind on your taxes, the Canada Revenue Agency (CRA) will likely be one of your biggest creditors. The CRA is a government agency that is responsible for collecting taxes from individuals and businesses in Canada
Because the CRA is such a large creditor, most banks will not offer a loan to someone who owes taxes. However, Alpine Credits offers home equity loans to homeowners in Canada, regardless of their credit score or financial status. So if you are looking for a loan and you owe taxes, don’t worry – Alpine Credits can help.
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