A Debt Management Plan helps people to consolidate (combine) their unsecured debt into one payment; whereas a Debt Reduction Plan helps people to reduce the total amount of debt owed. The reduced debt can also be consolidated into one single payment. A Debt Reduction Plan is used when an individual is unable to repay the entirety of their unsecured debt.
Call a Consumer Credit Counselling counsellor to help you through the steps to consolidate debt and become Debt Free today! The following are the various options available to pay off your debt sooner. Bank Loan Debt Consolidation Your first step when looking at consolidating your debt is to contact your bank/credit union to apply for a loan consolidation. If your …
All Canadian Consumers are able to obtain a copy of their Credit Report Online, by phone, by mail or in person at a select few locations in Canada.
Collection calls can be very intimating and scary. If you’ve fallen behind, missed, or forgotten to pay your bills, you may receive these kinds of phone calls. In many cases, collectors resort to harassment and misrepresentation in order to collect on the debt owing.
The initial conversation, consultation, and exploration of options are always 100% Free.
Unsecured debt includes Credit Cards, Overdrafts, Lines of Credits, Payday Loans, Department Store, Old Utility/Cell phone bills, any items past due or in collections.
“How do I pay off debt fast?” This is one of the most common questions we get from clients. The answer? You probably can’t. Debt takes a while to get rid of, and that is OK. Through responsible management and a conscious effort it can be eliminated but it can take months if not years to do so.
Yes. Any income that is coming into the household qualifies as income for our Consolidation Options.
Yes. We have been dealing with creditors since 1991 and have a blemish free relationship with them.
Absolutely. This will help you to become debt free sooner, and this is what we’re all about.
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