It is to note that there are also some people who have no financial crisis but they go for a debt consolidation plan just to make it easier for them to pay. They should not do this because it can put an extra burden on them to pay for their loans for a longer period. Let me tell you some instances when you actually need a debt consolidation plan in Toronto. Remember what kind of debt consolidation plan you are getting in Brampton it will certainly increase your loan payment in any way. You should be thinking about the following life situations when you finally decide to go for a debt consolidation plan, otherwise you might regret it later.