We would like to invite you to the Professional Development Day for Credit Education Week Canada 2012. This Professional Development Day provides the opportunity for all professionals, front line service providers and community members to build capacity by acquiring knowledge and developing their skills in the area of government resources, financial services and tools. Attendees will get to hear respected guest speakers including the Honourable Ted Menzies, Minister of State (Finance), and Bruce Sellery, Host of Million Dollar Neighbourhood on OWN. When: Tuesday, November 13th, 8:30 am - 3pm Where: YMCA Downtown Toronto, 20 Grosvenor St. Toronto, ON (map) Cost: FREE, light breakfast and lunch will be provided Morning Keynote Speakers:
- Honourable Ted Menzies, Minister of State (Finance)
- Bruce Sellery - Host of Million Dollar Neighbourhood on OWN
Afternoon Speakers:
- Patricia Lovett-Reid –CTV Host
- Sun Life Representative
- Jack Steinman- the Office of the Superintendent of Bankruptcy (“OSB”)
- John Stapleton - Open Policy Ontario is the social policy consultancy of John Stapleton
Why you should go:
- Hear the experts explain the services and products that their agencies provide
- Take a close look at the value offered by the government agencies
- Gain awareness of existing services and find out how you or your clients’ can advocate for themselves
- Ask the experts questions
- Network with people from all areas of the private and public sector
- To find out more visit http://cewc.ca/launch
How to Register:
- Send your name and email address to launch@creditcanada.com or call Elena Jara at 416 228-2535
- The invitation is open to everyone but seating is limited so you must register to attend.
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.
