Debt Consolidation in Action: Manitoba

See how we’ve helped other Manitobans overcome their issues with debt.

This page will help you understand how debt impacts you and many fellow residents in Manitoba. We also will show you how many clients have overcome their challenges with debt with the help of Consolidated Credit. If you are having a difficult time staying on top of your debt, call us now at 1-888-628-5933 or complete our easy debt analysis.

Debt statistics in Manitoba

While the economy and employment rate is relatively stable in Manitoba, Manitobans are not immune to debt. The simple matter of fact is many Canadians are stretched thin and they are living paycheque to paycheque. The average debt levels of Manitobans are the following:

All of the above statistics are from Statistics Canada.

Credit Counseling in Action for Manitoba residents

The following are real case studies from Consolidated Credit clients who live in Manitoba. This will help you gain a better understanding of what you can expect if you are eligible to consolidate your debt through a debt management program.

Great service and up to date info.

Where she started:

  • Total unsecured debt: $17,636.63
  • Estimated interest charges: $6,376.63
  • Time to payoff: 11 years, 6 months
  • Total monthly payments: $450.40

After DMP enrollment:

  • Average negotiated interest rate: 1.67%
  • Total interest charges: $666.69
  • Time to payoff: 4 years 4 months
  • Total monthly payment: $232.00
Time Saved:
7 years, 2 months
Monthly Savings:
$218.40
Interest Saved:
$5,709.94
I contacted consolidated credit to help me pay off my master card, through them I am able to pay everything towards the principal instead of paying so much interest.

Where he started:

  • Total unsecured debt: $6,319.90
  • Estimated interest charges: $2,290.90
  • Time to payoff: 10 years, 6 months
  • Total monthly payments: $161.16

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 3 years, 4 months
  • Total monthly payment: $101.00
Time Saved:
7 years, 2 months
Monthly Savings:
$60.16
Interest Saved:
$2,290.90
I am grateful to have taken the chance to get my debt dealt with. I am still with the company and they have been there for me every step of the way. Thanks guys!

Where she started:

  • Total unsecured debt: $8,075.88
  • Estimated interest charges: $2,712.33
  • Time to payoff: 8 years, 10 months
  • Total monthly payments: $214.54

After DMP enrollment:

  • Average negotiated interest rate: 1.25%
  • Total interest charges: $32.40
  • Time to payoff: 3 years, 5 months
  • Total monthly payment: $133.00
Time Saved:
5 years, 5 months
Monthly Savings:
$81.54
Interest Saved:
$2,679.93
Just 2 months into the program, my future looks hopeful again. Still got a long way to fixing my finances, but it's so wonderful to have a break from all the killer interests and over the limit payments.

Where he started:

  • Total unsecured debt: $20,565.69
  • Estimated interest charges: $7,396.04
  • Time to payoff: 11 years, 5 months
  • Total monthly payments: $526.79

After DMP enrollment:

  • Average negotiated interest rate: 1.25%
  • Total interest charges: $339.91
  • Time to payoff: 3 years, 10 months
  • Total monthly payment: $297.00
Time Saved:
7 years, 7 months
Monthly Savings:
$229.79
Interest Saved:
$7,056.13
Very Helpful. I am relieved that I am getting some help with my debt.

Where she started:

  • Total unsecured debt: $19,421.90
  • Estimated interest charges: $6,967.24
  • Time to payoff: 12 years, 5 months
  • Total monthly payments: $498.19

After DMP enrollment:

  • Average negotiated interest rate: 2.75%
  • Total interest charges: $2,030.91
  • Time to payoff: 4 years, 2 months
  • Total monthly payment: $292.00
Time Saved:
8 years, 3 months
Monthly Savings:
$206.19
Interest Saved:
$4,936.33
I am one payment away from being completely debt free, thank you so much. This never would have been possible without your help.

Where he started:

  • Total unsecured debt: $10,537.21
  • Estimated interest charges: $3,635.21
  • Time to payoff: 10 years, 3 months
  • Total monthly payments: $276.08

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 3 years, 11 months
  • Total monthly payment: $149.00
Time Saved:
6 years, 4 months
Monthly Savings:
$127.08
Interest Saved:
$3,635.21

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.

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.

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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.

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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.

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