Credit Consolidation Solutions, Credit Counselling Services and Options in Grande Prairie, Alberta | Canada
Are you looking for credit consolidation solutions in Grande Prairie 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 Grande Prairie, 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 News interviews Julia Fletcher
after she consolidates and pays off
her debt with help from the
Credit Counselling Society.
Watch the News Segment
|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
By meeting with your Debt Counsellor for a free, confidential appointment, you’ll be able to share what’s going on in your life with someone who is trained to help you sort out your debts and get back on track. Your Counsellor will provide information and options to you after they know more about your budget, expenses, debts and goals for the future. Then it will be up to you to decide what you want to do.
Contact us now for an appointment, or see below for more information.
Solutions for Debt That a Credit Counsellor Can Explain to You
There are a number of options for credit consolidation that are accessible in Canada through not-for-profit credit counselling services which are not offered through your credit union, bank or any 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.
A debt management program may be an option for you, depending on what type of debt you have, your assets, and how much is left in your budget for debt payments, while you still maintain a reasonable standard of living.
Creditors support debt management programs which are arranged by the Credit Counselling Society, saving you thousands of dollars. They will accept smaller payments from you, and most will eliminate or significantly reduce interest charges while you make your payments.
If a debt management program to consolidate your payments is a debt relief solution for you, your Debt Counsellor will give you more information so that you know how it works and how it can help you.
Loans to Consolidate Debt
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.
When you ask your creditors to accept a lump sum of money, in exchange for fully repaying what you owe, that is called a debt settlement.
Sometimes it makes sense to offer your creditors a reduced, one-time payment to get rid of your debts. But, if you can afford what you owe, your creditors won’t accept your settlement offer.
If a debt settlement is a good solution for your debt problems, your Credit Counsellor will explain what you need to know and answer your questions. Part of coming up with the lump sum of money might mean selling assets, redeeming investments, or asking for help from family and friends.
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.
Meeting with a trustee to find out more about these options may be a good idea, after your Credit Counsellor has gone over your budget and financial circumstances. While bankruptcy should always be a last resort, a Consumer Proposal allows you to repay part of what you owe over a period of 2 – 5 years.
To find out more about Consumer Proposals, contact a trustee in your area, or click here.
To find out more about bankruptcy and alternatives, click here.
Consolidate Credit in Grande Prairie, Alberta with the Help of Credit Counselling Services
To learn more about how credit consolidation and credit counselling services in Grande Prairie, Alberta can help you eliminate debt, contact us now by phone, anonymous online chat, or by email. We will provide you with information and arrange a no-obligation, no-cost, confidential appointment for you to meet with one of our professionally trained Credit and Debt 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.