We’ll consolidate your high-interest rate debt into one lower cost monthly payment, allowing you to earn and save up to $20,000 to start re-building your wealth.
To improve, you must understand where you’ve been. Each month you’ll assess your progress toward re-building your wealth.
Set simple plans for improvement
Failing to plan is planning to fail. Each month you’ll set easy intentional plans to re-build your wealth.
Get smarter every month
The law of 1% improvement shows that tiny improvements really add up over time. Each month you will get micro-learning quizzes to improve your wealth building knowledge.
The Financial Recovery Platform
Parachute is the only financial institution that provides loan refinancing while also giving you immediate and significant financial advantages.
Discover how we’ve transformed the lives of our valued members. Hear their stories of financial empowerment and join them on the journey to a debt-free future.
"At Parachute you get empathy and good information. Parachute wants you to do well. The rewards program is like the cherry on top. It gives you another goal to work towards. It really helps you keep your eye on the prize."
Christa, Guelph, ON
"Having a custom dashboard I can log into with all my data in one place helps me to make good choices and see where I can improve. For someone looking to really improve their financial future and gain the independence to make better choices, I highly recommend parachute."
Paul, Toronto, ON
"Parachute has the best customer care and high levels of human compassion for people's lives. Parachute is a good place to be; the service and compassion cannot be matched. I'll leave it at that."
JM, Toronto, ON
Let's start together.
Take the first step and apply for our debt consolidation loan. We're here to restore your peace of mind, and help you unlock your true financial potential.