Beneficent Relief is a 100% volunteer-run, registered charity in Canada that is committed to economic empowerment via interest-free debt relief and financial education.

The Beneficent Relief loans program offers interest-free loans to Canadians who are suffering from heavy and immediate debt burdens due to high interest rates, and are struggling with repayment. This kind of debt can be defined as bearing significant interest rates while also having a maturity of a maximum of one year e.g. credit cards, payday loans, etc.

With average credit card debt in Canada at a historic high of over $2,200, it is easy to find oneself in spiralling debt without an easy way out. Beneficent’s loan program helps those in this situation ‘get back on their feet’ by cutting off the effects of compounding interest and allowing them to rebuild their wealth, instead of seeing it being siphoned off towards ever-increasing debt payments.