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.
Canada’s COVID-19 Economic Response Plan – Your Options
We understand there is a lot of confusing information on what hardship options you have during the COVID-19 pandemic. If you have lost income due this situation, we have streamlined the different options for you in hopes it will help those in need of assistance from the Government. Please note that these option can change and there may be additional …
Is A Payday Loan Eligible For Debt Consolidation?
How To Get Out Of A Payday Loan? Payday loans are eligible for debt consolidation but it is important to break the cycle early before it gets out of control. First review lower interest rate options; a line of credit, a cash advance, vacation pay out, an overdraft, bank loan or simply borrowing funds from family or friends. If none …
Where Can I Get Help To Pay Off A Payday Loan?
I Can’t Pay Off My Payday Loan. What Now? Are you stuck in a payday loan cycle? If so, you want to act quickly to find a solution, so no further fees are applied or before the lender sells the loan to a collection agency. Once your financial situation has been pushed to a collection agency it will appear on …
What is a Credit Score?
A Credit Score is a statistically derived number that lenders use to indicate your credit worthiness. Your Credit Score will be listed on your Credit Bureau Report from Equifax and Transunion and be anywhere from 300 (Very Poor) to 900 (Very Good).
Borrowing Against Your Home Equity
When someone is in need of funds for various reasons such as Debt Consolidation, Renovations, Travelling, etc.
COVID-19 and Our Core Values
With the understanding of how many people are struggling financially during this pandemic, Consumer Credit Counselling has been able to remain open to help clients with their finances.
What is a Payday Loan?
A Payday Loan is a short-term cash lending solution. You can borrow up to $1,500 to help with short-term financial difficulties before you receive your upcoming pay cheque. In most cases, the payday lender will deposit money in your bank account or give you cash. How much will a Payday Loan cost? Payday loans come with high fees and a …
Can student loans be paid off through debt consolidation?
In most cases, student loan debt is not added to a Debt Consolidation management plan. The only exceptions to this are if you have been denied a Loan Rehabilitation, or the debt has been sent to Collections.
I can’t afford to pay off my student loan?
I’m struggling with the repayment of my Canadian student loan. In this economic climate we are hearing this more and more.