Credit Consolidation Solutions, Credit Counselling Services and Options in Fort McMurray, Alberta | Canada

Are you looking for credit consolidation solutions in Fort McMurray to get rid of your debt and money worries?

Exploring consolidation options that reduce or eliminate interest on your credit cards and debts will help you get back on track with one affordable monthly payment.

Free credit counselling services are available in Fort McMurray, Alberta to help you find debt repayment solutions and alternatives to bankruptcy.

How Credit Counselling Services Can Help You with Consolidating Debt Payments

Even if in the past you’ve consolidated debt, credit counselling services provided by a reputable, Canadian, non-profit agency like the Credit Counselling Society can help you. Dealing with debt is stressful, but a qualified Credit Counsellor can make it easier.

  Global TV News - Canadian woman finds debt solution with credit consolidation through the Credit Counselling Society. Canadian consumers in Alberta are provided with the same services in Fort McMurray
  Global News interviews Julia Fletcher
after she consolidates and pays off
her debt with help from the
Credit Counselling Society.
Watch the News Segment
  CTV Debt Consolidation Story - Bankruptcy wasn't the only option available for Dan. With the Credit Counselling Society's help he was able to get out of debt with a repayment plan. The same programs are offered in Fort McMurray, Alberta
  CTV uncovers how Dan Robinson
paid off $30,000 in debt with no
interest with the assistance of
the Credit Counselling Society.
See the News Story
   

Your Counsellor will review your whole situation with you during a free, confidential appointment. They will look at your budget and expenses, the debts you have, and what you hope to achieve in the future. By reviewing your whole financial picture with you, they will come up with options so that you can deal with your debts.

Contact us now to make an appointment, or read on for more information.

Solutions for Debt That a Credit Counsellor Can Explain to You

There are several options for credit consolidation in Canada that can be explored with the help of a non-profit credit counselling services. Most of these options are typically not provided by banks, credit unions and other lenders.

Debt Repayment Program to Consolidate Credit & Debt Payments

Non-profit credit counselling services in Canada, including the Credit Counselling Society, have a debt management program available that consolidates payments for your unsecured debts. The repayment program makes it easier to manage all of your expenses and debts because it is based on what your budget allows.

Depending on the types of debts you have, how much owe, your assets, and what’s left in your budget each month, the program might be what you need to consolidate your unsecured debt payments. Our Counsellors also know that you still need some money to live and maintain a reasonable lifestyle.

A debt management program arranged by the Credit Counselling Society is supported by your creditors. Your creditors will accept reduced payments and most of them will waive or substantially reduce ongoing interest charges while you make your payments. This saves you thousands of dollars.

If consolidating your payments through a debt management program is an option for you, your Credit Counsellor will explain exactly how it works.

Debt Consolidation Loan

Your Credit Counsellor will give you information about why a loan may or may not work for you, and what to do if you think you might have trouble making the payments.

Borrowing more money to pay off what you already owe on your credit cards and unsecured debts might sound like a good idea, but for some people, it just gets them further into debt. Based on your credit rating, your lender may be able to offer you a consolidation loan. Either with the help of a co-signer, or not, this would let you pay off your other debts.

The best way to make a debt consolidation loan work for you is to have a budget first. Then you’ll know if you can afford the payments and still set money aside to pay for unexpected expenses that would have gone on your credit card in the past.

Settling Your Debts

Settling debt for less than what you owe is an option if you have a lump sum of money available to offer your creditors.

When you settle your debts, you are offering to pay less than what you owe. In return, you are asking your creditors to write off anything left owing. In some circumstances, this makes sense. However, offering your creditors a settlement to avoid making payments when you can actually afford them, won’t work.

If a debt settlement is a good option for you, your Debt Counsellor will tell you what you need to know about the process. That way you can consider the implications carefully before you make your decision. Any settlement requires a lump sum of money, so that means that you might have to sell some of your assets, take money out of an investment, or talk to family and friends to see how they can help.

Legal Options in Canada for Dealing with Debt

Depending on the type of debt you have, how much you owe and where you live, legal solutions to debt through the Bankruptcy and Insolvency Act may be good options for you.

There are two main legal options for dealing with debt in Canada – a Consumer Proposal and bankruptcy. They are offered through licensed trustees.

Before you make an appointment to talk to a trustee, ask your Debt Counsellor for help. Your appointment will be easier if you already know your budget outline, and have a full understanding of your options and situation.

A Consumer Proposal will arrange your repayment for part of what you owe over a 2 – 5 year period. This may be a better option than filing for bankruptcy, which can have severe, long-term consequences.

Find out more about Consumer Proposals by contacting a trustee, or click here.

Get more information about how to avoid declaring bankruptcy here.

Consolidate Credit in Fort McMurray, Alberta with the Help of Credit Counselling Services

To find out how credit consolidation payments and credit counselling services and options in Fort McMurray, Alberta can help you deal with your debts, contact us now by phone, anonymous online chat, or by email. We will answer your questions and make a no-obligation, free, confidential appointment for you to speak with one of our qualified, friendly Credit Counsellors.

You’ll feel better and have less stress once you know what you can do about your debt and money problems. There is a solution to being in debt, and it starts with looking at your options. Contact us now at 1-888-527-8999. We’re happy to help you.

Our credit consolidation program and credit counselling services are available in Fort McMurray, Alberta, Canada, and are often showcased in the media.