Debt Consolidation in Action: Northwest Territories

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

This page will show a real-life case study of how Consolidated Credit helped a Northwest Territorian overcome their challenges with debt. If you need help, call us at 1-888-628-5933 or complete our easy debt analysis online.

Northwest Territories at a glance

The unemployment rate of the Northwest Territories is 8.0 per cent which is above the national average. Out of all of the territories, the Northwest Territories is the most populous. According to the 2011 National Household Survey, the population is 40,800 and most of the residents live in movable dwellings (35.6 per cent) with at least 2 people living in the home (28.9 per cent). Although, the Northwest Territories was once a booming economy for mining gold, silver and diamonds, production has decreased or stopped altogether in recent years. As a result, many Northwest Territorians are turning to debt to cope with the loss of employment to stay afloat.

Betty from Fort Smith, NT

I had almost quit within the first 3 months, but I talked to my husband and I did make it through your program. I would like to thank you all for your time and understanding. I recommend Consolidated Credit to any person who really needs help with their credit problems. Thank you again.

Where she started:

  • Total unsecured debt: $47,385.04
  • Estimated interest charges: $17,532.29
  • Time to payoff: 14 years, 6 months
  • Total monthly payments: $1,194.11
  • After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 3 years 6 months
  • Total monthly payment: $715.00
  • Time Saved:
    11 years, 0 months
    Monthly Savings:
    $479.11
    Interest Saved:
    $17,532.29