Most money problems involve credit card debt, personal loans, and other forms of unsecured debt that can be very difficult to manage on your own.
Is credit card debt getting you down? Maybe you’re way behind on your payments for a personal loan, or perhaps a payday loan has you worried. Whatever your debt problem is, there are a number of steps you can take to reduce or eliminate debt.
Debt management help includes everything from debt consolidation loans and debt consolidation programs, to consumer proposals and the dreaded “last resort” – bankruptcy. All of these options – including credit counselling and debt consolidation programs – are discussed here on this website.
What’s important to know is that you can get debt management help and become debt free.
We know it’s not fun, but you may need to face some bad money habits that are leading you into debt management problems. Do any of these signs sound familiar to you?
It’s a Simple Debt Management Plan to Handle Your Debt Problems and Free You of Worry!
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.
Are you in debt but not sure how to tackle it? Answer four easy questions and voila! You’ll have your own personalized free assessment and get all your debt relief options. Results are completely confidential and you’ll know where you stand financially and what steps to take next.
Check out these articles for more information on debt management in Ontario and throughout Canada. Plus, when you subscribe, you’ll get tips, advice, and answers to common questions delivered straight to your inbox.
Simply fill out the form and one of our credit counselling experts will contact you. Soon, you’ll be on your way to a debt-free life!
