Finding the Best Debt Solution

Choose the right option to conquer your debt and get back to financial freedom

Debt affects us in many ways. Beyond the damage done to our credit and finances, debt impacts us emotionally, mentally, and even physically. Debt can feel like quicksand; despite struggling to get free, we continue to sink. It’s critical to act quickly and find a debt solution that will work for you.

There are a number of debt solutions out there, but the average Canadian might not have the financial expertise to wade through the options and choose the one that best fits.

This section will help you determine the best option for your individual situation. Here, you can get a simple, honest look at all of the debt solutions available to Canadians. If you are still having difficulty choosing the correct path, our trained credit counsellors are waiting to answer your questions at . If you prefer contacting us online, try our Free Debt Analysis and a counsellor will reach out to you shortly.

Managing Debt on Your Own

Ideally, you want to have practices in place to help keep your finances under control. Careful budgeting will allow you to meet all your monthly expenses, while still being able to service your debts without sacrificing other necessary spending.

These resources will help you keep debt under control:

Financial and Debt Calculators

Click here for a range of free calculators that can help you better understand your financial situation.

Credit Counselling: Professional Help for Debt Problems

If you are unable to solve debt on your own, you should consider contacting a trained credit counsellor. Credit counsellors are experts at analyzing your unique financial situation and offering sound advice on your best options.

Enrolling in a Debt Management Program

Depending on your unique financial situation, your credit counsellor may recommend a Debt Management Program (DMP), which is designed to help you pay back all of your debts in a way that is manageable.

Consolidating Your Debt to Avoid Stress

If you start to struggle with credit card debt payments and other unsecured debts, you should consider consolidating your loans. You can roll all of your debt obligations into one payment at a lower interest rate.

Understanding Your Credit Rights

There are a series of rights and laws around debts and payment collection, but sometimes creditors and lenders fail to follow the law by the letter. Knowing your rights will protect your best interests when dealing with creditors and collections agencies.

Explore Other Debt Solutions

When none of your options are working and you cannot repay your debt, there are still other paths to becoming debt free. Your credit may be damaged, but it may be worth it for a fresh start.

Here are some alternative debt relief options:

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