Get tax debt loans from your home
Get the funding you need to repay your tax debt with a low-interest and substantial home equity loan.
Quick approval
Large loan amount
Comparatively low interest
Flexible eligibility
How to get a tax debt loan
Apply online in minutes
No obligation, no income checks, no credit score impact, just fill in your home equity value and other information.
Get approved quickly
Own your home? You’re eligible for approval.
Receive your money
Freely use the funding for any purpose or expense.
What are tax debt and tax debt loans?
Tax debt is any amount that is left unpaid to the government. You can use a loan such as home equity loans to pay off the tax debt. Other options of tax debt loans are available, and they can be obtained in different ways.
How can tax debt affect credit score and financial standing?
Fortunately, tax debt doesn’t show on your credit report. However, if the Canada Revenue Agency (CRA) has found it difficult to collect from you, they can register a lien or charge against your property or other assets. The CRA can also file a negative report with credit bureaus, which will then negatively impact your credit score.
Qualify for a tax debt loan with Alpine Credits
Alpine Credits can provide you with a home equity loan to pay off your tax debt. To qualify, you simply need to be a homeowner. We don’t look at your credit score, bank statements, or proof of employment.
To apply for a home equity loan, all you need to do is fill out our digital application on our website. It will not take more than two minutes to fill, and you can get approved in less than 24 hours. Moreover, the funds can be deposited in your account in a week.
Advantages of tax debt loans
- Save on interest with home equity loans’ comparatively lower rates
- Get approved based on how much equity you have.
- Immediately repay your tax debt and avoid legal consequences.
- Consolidate multiple financial obligations if you have any.
Home equity solutions for tax debt
Taking a home equity loan to settle your tax debts can be valuable. It will reduce the stress of owing money to the CRA and help you avoid legal consequences. With home equity loans from Alpine Credits, the approval criteria are less strict than those of banks and other lenders, and you’ll get approved in less than a day.
Find loan options in your area
Click on the links below to get started, and see the mortgage options available to you, in the provinces we serve across Canada!
Frequently asked questions about tax debt loans in Canada
Find answers to frequently asked questions about Alpine Credits, home equity loans, second mortgages and more.
Can you get a loan if you owe taxes in Canada?
In some cases, you can get a loan to repay tax debt, but approval depends on the lender. Traditional lenders are less likely to approve you if you plan to use it for tax obligations, but alternative lenders give you the opportunity to borrow regardless of your purpose.
How much can I borrow with a tax debt loan?
You can borrow as much as you need with home equity loans from Alpine Credits. Other loan options will have different or even limited loan amounts. The more your equity you’ve paid, the more you can borrow.
Will banks lend money for tax debt?
Usually, banks will not lend to people who intend to use it to repay tax debt obligations. You’re more likely to get approved at alternative lenders like Alpine Credits, which will allow you to use your loan for any purpose.
What happens if you can’t pay CRA?
Avoiding the CRA and failing to repay tax debt have legal consequences, including garnishing your income, assigning someone to repay what you owe, or seizing your assets.
Can I get a loan to pay CRA?
Yes, you can borrow from an alternative lender and use home equity to pay off your debt. With Alpine Credits, you have the liberty to use your home equity for any purpose, including paying your tax debt.
Homeowners get approved.
Unlike traditional banks, all you need to qualify for a loan at Alpine Credits is to own your home. We make the process as quick and easy as possible. Applying won’t affect your credit score.
