Inspirational Debt Management Stories, Personal Budgeting Tips & More

You can often find the Credit Counselling Society in the news across Canada. Here are a few recent stories:

  • by CBC News

    Canadian consumer spending is at an all time high, and during the holiday season it’s easy to go over budget and spend beyond your means. The holiday season can also be stressful for some people and this stress can lead to poor choices. CBC TV New’s Petti Fong turns to Julie Jaggernath from the Credit Counselling Society and other experts for tips and advice on how to avoid overspending and buy gifts wisely. Watch the clip and learn more.

    The holiday season can by stressful for some people and lead to overspending and more debt.



  • by CBC News Calgary

    A new survey indicates a quarter of young Albertans are living paycheque to paycheque, and that students want to be able to borrow more easily and quickly over the internet. CBC News looks at the companies that are loaning the cash and asks if they are really helping or hurting.

    CBC TV News Calgary interviews Credit Counselling Society about payday loan company short term loans and their effects on students.



  • by CBC News Calgary

    Calgarians are carrying more consumer debt (non-mortgage debt) than almost any other place in Canada - $10,000 higher than the national average. CBC News Calgary catches up with Mark Kalinowski, Credit Counsellor with the Credit Counselling Society, to see what impact these numbers are having on people. See the news story

    CBC News Calgary interviews Mark Kalinowski, a Credit Counsellor with the Credit Counselling Society, about rising consumer debt levels.


  • by CTV News Victoria

    A new study says the average British Columbian carries almost $40,000 in consumer debt - more than Canadians in any other province. CTV's Andrew Johnson turns to Bob Sidhu, a Credit Counsellor at the Credit Counselling Society, to find out how you can dig yourself out of credit card debt. Watch the news segment.

    How to get out of debt. CTV in Victoria, BC interviews Bob Sidhu, Credit Counsellor with the Credit Counselling Society in Canada



  • Debt crisis looms for teens rich in credit but poor in financial savvy, experts warn

    by the Ottawa Citizen Newspaper

    Teens and money. Pearce HannahScott Hannah only began to understand last year why so many teens mess up when it comes to handling money. It’s because the subject rarely gets raised at home.

    The Credit Counselling Society, a national organization where Hannah is President & CEO, held an essay-writing contest on how to teach young people financial literacy.

    “Time and time again, we heard from teens that no one is talking about money at home,” Hannah says.

    One contestant reported his mom’s response when he asked her about financial literacy.

    “It’s got something to do with money, right?” she answered.

    Many of today’s teens have access to unprecedented piles of money but parents’ and schools’ failures to teach them how to manage it will doom them to lives of financial pain, Hannah and other experts warn. (Read more)


  • Gail Vaz-Oxlade & Scott Hannah on How to Find the Best Non Profit Credit Counselling Service

    Radio Interview on The Late Shift | Toronto

    Gail Vaz-Oxlade's Toronto interview on finding the best, free, non profit credit counselling services in Canada.Gail Vaz-Oxlade interviews Scott Hannah, President & CEO of the Credit Counselling Society, on how to tell the difference between “the good credit counsellors and the crappy credit counsellors.” She says, " the big frustration is we can’t tell the good guys from the not so good guys. If there was some way that we could identify people like you who are clearly focused on the best interest of the client.”

    Find out how to identify the best organizations or listen to the non-profit credit counselling segment on her Toronto radio program.


  • by GlobalTV News

    A new poll shows that most Canadians are feeling optimistic about the economy, but Scott Hannah from the Credit Counselling Society warns that things may not be as positive as they appear: the average consumer seeking help with their debt is now carrying 300% more credit card and line of credit debt than they were 15 years ago, and on average Canadians are only saving 4% of their income for retirement when they should really be saving closer to 15%. Watch the news clip.

    Scott Hannah from the Credit Counselling Society discussing changes effecting BC, Alberta, Ontario, Manitoba, Saskatchwan, and other provinces.


  • By GlobalTV Morning News

    A new study shows that Canadians are now more in debt than ever. Scott Hannah, President of the Credit Counselling Society, shares tips on how to help you get back on track financially if you're having problems managing your money or are struggling with your debt. Watch the segment and learn how to improve your finances.

    Credit Counselling Society's Scott Hannah interviewed on Global TV news. is referred to at the end of the segment.



    Global TV's Lynn Colliar speaks with Scott Hannah from the Credit Counselling Society to learn how Canadians can be savvy shoppers and avoid big credit bills from Christmas shopping this year.

    Global TV Noon News Hour

  • by GLOBAL NATIONAL Canadian consumer debt has soared to a new record high, and experts are urging Canadians to pay cash now and avoid paying the price later. Global National reporter Robin Gill turns to the Credit Counselling Society's Scott Hannah for perspective.

    Global National News



    Killer boots and a coveted bike are the stars of Scott Hannah's parable of temptation and retaliation.

    A few years ago, a couple came to see Hannah in his role as CEO of the Credit Counselling Society.

    The guy, in his late 30s, had bought an expensive motorcycle six months before. He got it without discussing it with his partner.

    When his slightly younger partner saw the bike, she headed out and snapped up a pair of thousand-dollar boots.

    ``They looked smoking on her,'' Hannah recalls. ``She admitted it was done out of spite.''

    The couple hadn't come to Hannah for compliments: They came because they had financial trouble.

    They didn't know how much trouble. The two were agog as Hannah calculated that at their current savings rate they might have - at most - a couple of hundred thousand bucks stashed when they retired. The guy was earning about $80,000 a year. (Read More)

  • by GLOBAL NEWS - EDMONTON Edmonton's Global News Trouble Shooter, Julie Matthews, investigates Alberta's ballooning student debt and how to get through to post secondary students about how to manage their finances.