Success Stories
When I first contacted Consolidated Credit Counseling Services of Canada, I was
caught in a vicious circle of only paying off the interest of my accumulated debt.
Although at the time I was making smart financial decisions it felt like my past
was constantly haunting me and I couldn’t get caught up. I was making large debt
payments but due to the number of debts I was paying off I felt like I was getting
nowhere. After my initial consultation I was relieved to find there was a solution
to my situation. By consolidating my debt into one payment the emotional burden
of my debt felt lifted. My credit card debt was reduced from an average of 20% interest
to anywhere from 0% to 5%. My initial apprehension about the program was relieved
by the fact Consolidated Credit Counseling Services of Canada is a non-profit organization
and not a business thriving off high-interest consolidation loans. I was also able
to make lump-sum payments on my consolidation without penalty.
Making one payment
every month allowed me to focus on proper budgeting and freed me from feeling overwhelmed
with my numerous debt payments.
The counselors at Consolidated Credit answered my
questions regarding my credit rating and although my credit rating wasn’t bettered
by entering a consolidation loan, overall my rating will be much higher with my
high-interest debts paid off. I’m now on the road to repairing my rating and Consolidated
Credit was a big help towards that goal.
I referenced the website to answer a lot
of my initial questions through the FAQ section. A huge weight has been lifted off
my shoulders and I have to say my stress level is much lower having completed my
debt management program. I am confident I will never again get myself into the same
position I was in before contacting Consolidated Credit.
Dustin S. from Calgary AB
If you would like to share your success story, please submit it to Jeffrey Schwartz at: jschwartz@consolidatedcredit.ca
