How to Rebuild Your Credit

If your credit score causes you stress, start rebuilding your credit today.

If your credit scores are in decline because you are carrying too much debt, lenders and creditors will be hesitant to offer you new lines of credit. But don’t lose hope – the following section is filled with helpful tips on rebuilding your credit, boosting your credit scores and regaining your financial future.

If your credit scores are not where they should because you debt is weighing you down, you can seek help by calling Consolidated Credit at to speak with a trained professional counsellor or you can complete a Free Debt Analysis online.

How can you learn from past mistakes?

There’s always a reason why you have a poor credit score. Maybe it’s that you lost your job and couldn’t pay your bills on time for a period, or maybe it’s that you were distracted dealing with a health condition. It could also be a matter of being disorganized and spending more money than you were able to afford. Stop worrying over these things, and know the stress is over. It’s time to learn from your past mistakes. Here are the most common problems people face leading to bad credit ratings:

What really happens to your credit during financial distress?

While you know your credit rating is dropping, you may not understand all the penalties you can get during that period of financial distress. The following is a list of factors that reflect poorly to your lenders and creditors or anyone reviewing your credit reports:

Once a penalty period ends, the negative information on your credit reports will be removed. However, once the 6-year period ends and all negative information is removed, you will have to start from scratch when it comes to rebuilding your credit scores.

Tips for Rebuilding Your Credit

Rebuilding your credit is far from easy, but it’s also not impossible so don’t be discouraged! You may feel lost by yourself during the process, as your creditors and lenders won’t be there to help you. That’s because they lost trust in your abilities to keep your promises. But that’s okay – Once you put in the time and effort, you will be able to increase your credit score, and soon enough, you will be showered with friendship with the latest offers for new credit applications.

Use these tips to find the right direction:

Debt doesn’t have to ruin your life

If you want to avoid making the same financial mistakes again and again, then use the tips that were provided to build your credit. If you need further advice on how to manage your money to avoid future costly mistakes, then call Consolidated Credit at . A trained credit counsellor can evaluate your debts to help you better understand your personal situation. Or take your first step with a Free Debt Analysis online.

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