Credit Card Debt

How to use credit and maintain a healthy financial outlook

In some ways, credit cards have become a rite of passage into adulthood. Teens ask for credit cards as a way to gain more financial independence. We’re constantly inundated with commercials about the latest and credit card greatest offers.

Unfortunately, for many consumers, this has led to significant impacts on credit card debt. A large number of families now have credit card debt equivalent to a loan you would take out to buy a luxury vehicle. As a result, a substantial portion of every paycheque goes towards debt payments, it’s no surprise that people end up in financial distress.

However, using credit cards doesn’t mean you have to accumulate debt and face credit problems. When used in the right way, credit cards can be an effective tool that can be part of your financial strategy.

This section of our website is designed to give you easy access to information you will need to get out of credit card debt. If you are already struggling with credit card debt, and are looking for a way out, give us a call at or request help now with a Free Budget Analysis.

How Does Credit Card Debt Compare to Other Debts?

The first essential step to understanding credit card debt is to learn how it works in comparison to other types of debt, like your mortgage or auto loan. This helps you prioritize debts and organize debt payments into your budget.

How do Credit Cards Really Work?

If you want to use credit wisely, you need to know how credit cards work. This helps you avoid common mistakes that can leave you with out-of-control debt payments.

These resources will help you use your credit cards effectively:

Get Rid of Credit Card Debt

Eliminating credit card debt means creating a timely and cost-efficient plan to take control of the debt. You should never be satisfied with only making minimum monthly payments if you can do more.

The following section helps you eliminate credit card debt effectively:

Helpful Resources

Left with questions? There is always something more you can learn when it comes to your credit cards.

These resources can help you understand your debt:

Consolidated Credit Counseling Services of Canada, Inc has been verified as the owner or operator of the Web site located at 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.

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.

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.

CCA logo

Consolidated Credit Counseling Services of Canada is accredited by the Canadian Centre for Accreditation – a national organization responsible for ensuring excellence in community service. We meet CCA’s high standards of service and accountability. Give us a call today and find out what we can do for you.

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.

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.

View the review status

AFCC (Accredited Financial Counsellor Canada)

AFCC (Accredited Financial Counsellor Canada) is a distinguished professional designation, indicating that a counsellor has successfully completed the program and has specialized knowledge, unique skills and expertise as a qualified Credit Counsellor.

You can save!

With this amount of debt, you'd pay around $xx.xx on a DMP.

FREE Debt Consultation