Asking for help is never easy but credit counsellors know how to make the experience a wonderful one. Each person’s story is different but the framework is always the same: share your story, go through the numbers and then find some answers.
The video shown here shares the experiences of Bernice, Vito, Niki and Elaine---all individuals who made the decision to get debt-free and take that first step in meeting with a credit counsellor. You’ll also meet Karina, a certified credit counsellor with 20 years of experience, who shares her perspective on the moving stories and the gratifying feeling of knowing that she has helped change lives.
Each person was a bit nervous prior to their first meeting with a credit counsellor but in the end, they found peace of mind…as well as kindness and compassion…encouragement and support. Someone to listen. Options were discussed and answers were found. They knew that they had found someone to guide them on their journey.
Each one was filled with gratitude for the lifting of a heavy burden. Credit Counselling offers a wide range of services including money management and budgeting help, debt repayment assistance, financial coaching and useful tips and suggestions built on years of experience.
Booking a Credit Counselling appointment takes a bit of courage at the start but is guaranteed to be a warm and wonderful experience for all those who do.
Frequently Asked Questions
Have a question? We are here to help.
What is a Debt Consolidation Program?
A Debt Consolidation Program (DCP) is an arrangement made between your creditors and a non-profit credit counselling agency. Working with a reputable, non-profit credit counselling agency means a certified Credit Counsellor will negotiate with your creditors on your behalf to drop the interest on your unsecured debts, while also rounding up all your unsecured debts into a single, lower monthly payment. In Canada’s provinces, such as Ontario, these debt payment programs lead to faster debt relief!
Can I enter a Debt Consolidation Program with bad credit?
Yes, you can sign up for a DCP even if you have bad credit. Your credit score will not impact your ability to get debt help through a DCP. Bad credit can, however, impact your ability to get a debt consolidation loan.
Do I have to give up my credit cards in a Debt Consolidation Program?
Will Debt Consolidation hurt my credit score?
Most people entering a DCP already have a low credit score. While a DCP could lower your credit score at first, in the long run, if you keep up with the program and make your monthly payments on time as agreed, your credit score will eventually improve.
Can you get out of a Debt Consolidation Program?
Anyone who signs up for a DCP must sign an agreement; however, it's completely voluntary and any time a client wants to leave the Program they can. Once a client has left the Program, they will have to deal with their creditors and collectors directly, and if their Counsellor negotiated interest relief and lower monthly payments, in most cases, these would no longer be an option for the client.
