Mandatory credit counseling is a requirement for people going bankrupt or making a consumer proposal, and is intended to give debtors money management skills for the future. If you’re dealing with debt that you can’t afford to pay off, the first step to debt relief is always going to be speaking to a Licensed Insolvency… Continue reading Mandatory Credit Counselling – What It Means To You
If you are struggling with what you feel as though is unmanageable debt or if you have multiple creditors, then you will know that it is very stressful just trying to find out what you owe. It’s even more stressful trying to prioritise and keep track of every payment as well. This is especially the… Continue reading Credit Counselling & Debt Management Plans. Right Solution?
You may realize one day that you’re caught in the payday loan trap. Take time to learn more about Why Credit Counselling Doesn’t Help with Payday Loans. It can be tough to be in a position where you’re always struggling to keep up with credit card and other debt payments. As a last resort, many… Continue reading Why Credit Counselling Doesn’t Help With Payday Loans
Credit Counselling in Canada Credit counselling organisations, either profit or non-profit, help people to understand why they got into debt in the first place and give them advice on how to improve their financial situation. Credit counsellors are usually qualified professionals that will work with you to put a plan in place to turn your… Continue reading What is Credit Counselling?