A credit counsellor offers guidance on debt and money management to help individuals overcome financial crises. A credit counsellor can help you become debt-free by:
Some people get into debt problems for reasons that are beyond their control. For the most part, the cause of serious debt issues is simply that people aren't given the right tools for smart money management.
Most people have never been taught how to create and stick to a budget. Very few have been taught why and how to build savings or create a safety net. And almost no one has actually calculated the true cost of owning and using a credit card when you intend to carry a balance.
Your Credit Counsellor will assist you in creating a household budget that works for you, your family, and your income, including setting aside money for your debts and for your future. We’ll talk about your goals in life, as well as your priorities for the future, and we’ll show you how your current income can support those goals with a little planning and strategizing.
You’ll also learn how to stay motivated, even when it’s difficult. Our job is to help you keep your eye on the prize so you can enjoy a debt-free, fulfilling life.
Credit counselling helps in any situation involving out-of-control debt problems. The general rule is if your monthly debt payments – not counting mortgage or rent – exceed 20% of your income, you're headed into trouble and you should speak to an expert. Debt help is available to anyone stressed about credit card bills, personal loans, payday loans, or any other kind of debt that isn’t backed by collateral (like a house or car).
At Credit Canada, we welcome anyone who needs advice on how to handle money and reduce or eliminate debt. You're eligible for help regardless of your income level or employment status. There’s no pressure or judgment. And everything we do for you is confidential.
Our team of certified Credit Counsellors is committed to your financial success. Each counsellor brings a wealth of experience and is dedicated to delivering personalized strategies for effective debt relief, credit improvement, and overall financial well-being, providing you with hope and peace of mind.
We are here to support you. And all along your path to getting out of debt, you’ll have someone who will encourage you, support you, provide you with the information and tools you need.
