A Debt Consolidation Program (DCP) is a method of debt management that allows you to consolidate your debt into one affordable monthly payment. You’re relieved of stress and you save money on interest, too!
The program addresses unsecured debt, which can include credit card bills, lines of credit, unsecured loans, or any other debt that doesn’t require collateral (like a car or a home). To get set up with a Debt Consolidation Program, you will need to book a free credit counselling session with a certified Credit Counsellor.
During this appointment, your certified Credit Counsellor will:
Review your financial situation and develop a repayment plan based on your current income and expenses.
Negotiate with your creditors to arrange a single, lower monthly payment and waive or reduce the interest on your debt.
Conduct regular financial reviews to help you budget and guide you towards the successful completion of the program.
Click here to learn more about our debt management program.