The countdown has begun and Credit Education Week Canada 2009 (CEWC 2009) is only five days away. It's set to be bigger than ever; so big even Finance Minister, Jim Flaherty, will be in attendance, along with many more prominent financial media figures.
It all starts with the Kick-Off Launch on Monday, November 2nd from 9:30 am - 11:30 am at the Downtown Metro YMCA. This is a free event which is open to the public, so don't miss out on this exclusive opportunity. Alison Griffiths from 'Maxed Out' will be hosting the event and presenting to you our financial guru panel. This is your chance to see world renowned Finance Minister Jim Flaherty and Minister of Education Kathleen Wynne address the public on the importance of money management and financial education, followed by presentations courtesy of our guru panel: Patricia Lovett-Reid, Senior Vice President with TD Waterhouse Canada Inc. and host of 'MoneyTalk' on the Business News Network.
Jonathan Chevreau, personal finance columnist for the Financial Post and author of The Wealthy Boomer and Findependence Day. Sean O'Shea, award-winning investigative and consumer reporter and host of Consumer SOS. Ellen Roseman, author and personal finance and consumer affairs columnist with the Toronto Star's business section. Pat Foran, author, host of Consumer Alert featured on CTV Toronto, and consumer reporter for Canada AM. The week's halfway point will be highlighted with the Dinner Gala to be held on the evening of Wednesday', November 4th from 5:30 pm - 8:30 pm at the Fairmont Royal York Hotel. Mike Holmes from 'Holmes on Homes' will be our key note speaker for the evening, as well as students from across Canada who participated in our national essay contest will be awarded scholarships. CEWC 2009 wraps-up with the What's Up With Your Loot? Rap Summit on Thursday, November 5th. Hosted by Blacus Ninjah and featuring Toronto's most promising urban talents, including Grammy nominee, Aloysius B.
This is a financial literacy event like no other where you can watch, listen, and learn from some of Canada's top hip hop artists, including Sling Dadz, Frankie Payne, Capital V, and Nem.S.Iss.
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.
