Debt Consolidation in Action: Quebec

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

This page is created to help you know how debt impacts you and many others in Quebec. We also show you some case studies of clients who we’ve helped to manage their debt. If you need help to overcome your challenges with debt, call us at 1-888-628-5933 or complete our easy debt analysis.

Debt statistics in Quebec

The unemployment rate in Quebec is above the national average at 7.0 per cent. Although Quebec is 0.2 per cent above the national unemployment rate of 6.8 per cent, recent findings from the June Labour Force Survey indicate the unemployment rate in the province of Quebec is trending lower. Nevertheless, like many other Canadians Canada-wide – Quebecers have not been immune to the cycle of debt. The average debt load statistics of Quebecers are the following:

All of the above statistics are from Statistics Canada.

Credit Counselling in Action for Quebec residents

The following will examine case studies from Consolidated Credit clients who live in Quebec. These case studies will help you grasp what a debt management program can do for you if you are eligible to consolidate debt through a debt management program.

Wonderful friendly helpful people!!!

Where she started:

  • Total unsecured debt: $70,020.67
  • Estimated interest charges: $26,020.67
  • Time to payoff: 15 years, 5 months
  • Total monthly payments: $1,760.00

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 4 years 2 months
  • Total monthly payment: $873.00
Time Saved:
11 years, 3 months
Monthly Savings:
$887.00
Interest Saved:
$26,020.67
It was great.

Where she started:

  • Total unsecured debt: $9,449.41
  • Estimated interest charges: $3,464.41
  • Time to payoff: 11 years, 9 months
  • Total monthly payments: $239.40

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 4 years, 0 months
  • Total monthly payment: $126.00
Time Saved:
7 years, 9 months
Monthly Savings:
$113.40
Interest Saved:
$3,464.41
Customer service with consolidated credit has been very helpful to me. I am very happy with the service. I am anxious to finish paying my bill though.

Where she started:

  • Total unsecured debt: $8,511.00
  • Estimated interest charges: $4,600.52
  • Time to payoff: 10 years, 0 months
  • Total monthly payments: $340.44

After DMP enrollment:

  • Average negotiated interest rate: 4.98%
  • Total interest charges: $718.18
  • Time to payoff: 3 years, 4 months
  • Total monthly payment: $231.00
Time Saved:
6 years, 8 months
Monthly Savings:
$109.44
Interest Saved:
$3,882.34
Very good service everyone was helpful and kind.

Where she started:

  • Total unsecured debt: $29,380.58
  • Estimated interest charges: $10,780.58
  • Time to payoff: 13 years, 7 months
  • Total monthly payments: $744.00

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 3 years, 10 months
  • Total monthly payment: $402
Time Saved:
9 years, 9 months
Monthly Savings:
$342.00
Interest Saved:
$10,780.58
I was very pleased with the service I received.

Where she started:

  • Total unsecured debt: $7,566.11
  • Estimated interest charges: $2,600.11
  • Time to payoff: 8 years, 10 months
  • Total monthly payments: $198.64

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 3 years, 4 months
  • Total monthly payment: $125
Time Saved:
5 years, 6 months
Monthly Savings:
$73.64
Interest Saved:
$2,600.11
Excellent customer service.

Where he started:

  • Total unsecured debt: $13,814.21
  • Estimated interest charges: $5,022.21
  • Time to payoff: 12 years, 5 months
  • Total monthly payments: $351.68

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 4 years, 0 months
  • Total monthly payment: $184
Time Saved:
8 years, 5 months
Monthly Savings:
$167.68
Interest Saved:
$5,022.21
I have been treated with courtesy and respect and am very comfortable recommending consolidated credit to anyone I know.

Where she started:

  • Total unsecured debt: $21,380.36
  • Estimated interest charges: $7,780.36
  • Time to payoff: 12 years, 4 months
  • Total monthly payments: $544.00

After DMP enrollment:

  • Average negotiated interest rate: 3.67%
  • Total interest charges: $2,077.71
  • Time to payoff: 4 years, 1 months
  • Total monthly payment: $320
Time Saved:
8 years, 3 months
Monthly Savings:
$224.00
Interest Saved:
$5,702.65
Thank you very much. You made it easy when usually; it is hard to deal with debt.

Where he started:

  • Total unsecured debt: $107,791.74
  • Estimated interest charges: $40,026.74
  • Time to payoff: 16 years, 5 months
  • Total monthly payments: $2,710.60

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 3 years, 4 months
  • Total monthly payment: $1,697.00
Time Saved:
13 years, 1 months
Monthly Savings:
$1,013.60
Interest Saved:
$40,026.74
I haven't had any problems with your company thus far. Thank you for your good service up until now!

Where he started:

  • Total unsecured debt: $3,899.83
  • Estimated interest charges: $1,185.83
  • Time to payoff: 7 years, 9 months
  • Total monthly payments: $119.24

After DMP enrollment:

  • Average negotiated interest rate: 1.25%
  • Total interest charges: $166.72
  • Time to payoff: 2 years, 4 months
  • Total monthly payment: $104.00
Time Saved:
5 years, 5 months
Monthly Savings:
$15.24
Interest Saved:
$1,019.11
Wonderful service.

Where he started:

  • Total unsecured debt: $39,743.37
  • Estimated interest charges: $14,508.59
  • Time to payoff: 13 years, 2 months
  • Total monthly payments: $1,009.39

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 3 years, 7 months
  • Total monthly payment: $587.00
Time Saved:
9 years, 7 months
Monthly Savings:
$422.39
Interest Saved:
$14,508.59

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.

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 Consolidatedcredit.ca 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