Understand consolidate Default
USA Logo USA   Quebec Logo En Français         Member Login
Give us a call 1-888-287-8506 
  • October's Credit Card Debt Tips
  • October's Credit Card Debt Resources
  • October's Credit Card Debt Success Story

What You Need to Know About Credit Card Debt

credit card debt Living with the burden of too much credit card debt has become a real problem in Canada. According to an article released in the Toronto Star, Canadians spent $267 billion on credit cards in 2011 alone. With over $2 billion in unpaid credit card debt, it’s no wonder so many Canadians are struggling just to pay their bills.

With so many people using credit to pay for their purchases it’s essential to understand how credit card debt works. It is also important to know the options available to help you get out of debt if you have spent too much using credit. If you’re facing too much debt and are worrying about how to make ends meet, don’t wait to find help. Call 1-888-287-8506 to speak with a trained credit counsellor or get started online with a Free Debt Analysis and a counsellor will be in touch with you to review your situation.

Understanding Debt

Understanding How Credit Cards Work

Credit cards and credit card contracts can be confusing. Learn how credit cards work, the differences between the various interest rates listed in a credit card offer, and get tips on how to decode your credit card statement so you know what you’re paying for when it arrives in your mailbox.

Understanding Debt

To manage your debt successfully you first have to understand how debt works and the differences between the various kinds of debt. You can be more strategic about paying your debts down and will be equipped to find the right debt solution when you need relief. Learn more about how debt works and find strategies that show why paying down unsecured debt can help improve your finances drastically.

Gain a better understanding of your debt

What You Need to Know About Credit Cards

When it comes to your credit cards, do you really understand the implications of using credit? Knowing how credit cards work and recognizing exactly what happens when you use credit can mean the difference between managing your finances successfully and ending up in debt. We’ll help you gain a better understanding of credit card APR (Annual Percentage Rate), weigh the pros and cons of buying on credit, and let you know your rights as a consumer.

Learn more about how credit cards work

Decoding Your Credit Card Statement

Credit card statements can be confusing. You may not fully understand what you’re paying for when you review the statement. We can help you learn how to read your credit card statement so you can know what’s happening with your debts. You’ll also be better equipped to assess your statement to see what you’re paying in interest, fees, and those sometimes hidden finance charges.

Take the mystery out of your credit card statement

Danger Signals of Credit Card Debt

Do You Need Relief from Credit Card Debt?

If you’re like many Canadians you may be facing more credit card debt than you think you can handle. Don’t let credit card debt hold you back and prevent you from doing the things you want to do. Learn how to identify a debt problem, find strategies to reduce your debt, and the options you have for debt relief.

The Danger Signals of Credit Card Debt

If you’re just making ends meet or you feel like you’re just managing to stay afloat, you may not think you have a problem with credit card debt. In truth, problems with credit card debt often start long before you can’t make your monthly payments. To learn how to identify a debt problem, take our credit card debt quiz to see where you stand. Plus get answers to the most frequently asked questions our trained credit counsellors hear when it comes to credit card debt.

Identify a credit card debt problem

Credit Card Debt Relief

Don’t wait to find help if you’re struggling with credit card debt. Find out where to get debt help and strategies you can use to free up more money in your monthly budget to pay off your debt. With the right strategy and the right people helping you, you can ease the burden of your debts and even be completely debt-free—often in less time than you’d think.

Get real facts on your debt relief options

Get Out of Debt

If you know you have too much debt to pay off on your own, it’s time to find a solution to eliminate your debt and avoid bankruptcy. Get information on 5 debt solutions that can help pay your debts back in full and learn the differences between debt settlement options you can explore before you declare bankruptcy.

Find a path to get out of debt now

Get Relief From Debt
Videos

Self-Help Booklets

All About Credit

This basic ‘Credit 101' publication explores the pros and cons of using credit, provides a guide and calculation formula to help consumers find out how much credit they can afford, and offers advice on what elements should be considered before applying for a credit card, how to build a positive credit history, and existing credit rights.

We are a proud member of the Canadian Association of Credit Counselling Services (CACCS), the national voice for not-for-profit credit counselling services. As a CACCS member, you can trust that our trained credit counsellors strive to provide the best in professional, independent and unbiased personal finance services. We’ve helped hundreds of thousands of Canadians find relief from debt. Call us today to find out if we can help you.

Call 1-888-287-8506
to speak with a counsellor today!
Click Here

Consolidated Credit Counseling of Canada is proud to be a member and support the Toronto Board of Trade. Founded in 1845, the Toronto Board of Trade is Canada’s largest local chamber of commerce. We share their vision, passion and commitment to serving the community and to foster economic and social welfare of the City of Toronto. Call us today and see what we can do for you.

Call 1-888-287-8506
to speak with a counsellor today!
Click Here

Consolidated Credit Counseling Services of Canada, Inc
has been verified as the owner or operator of the Web site located at www.consolidatedcredit.ca. Official records confirm Consolidated Credit Counseling Services of Canada, Inc as a valid business.
Call us today and see what we can do for you.


Call 1-888-287-8506
to speak with a counsellor today!
Click Here
Consolidatedcredit.ca certificate status

We are proud members of the Ontario Association of Credit Counseling Services (OACCS). OACCS sets the standard of required expertise for the financial counseling industry and the only organization to offer the exclusive professional designation of Accredited Financial Counsellor Canada (AFCC). With over 500,000 people helped, you can be assured that we can find the right solution for you. Call us today.
Call 1-888-287-8506
to speak with a counsellor today!
Click Here

Time tested and customer trusted. Consolidated Credit Counseling Services of Canada, Inc has been a BBB Accredited Business since 2008 and has a current A+ rating.
Call us today and see what we can do for you.


Call 1-888-287-8506
to speak with a counsellor today!
Click Here
Consolidatedcredit.ca review status

Associations