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Debt Repayment Options

June 28, 2012

Are You Confused About the Difference Between Various Debt Repayment Options?

Financial hardship can happen to anyone and it is often unexpected. A loss of employment, medical emergency or a change in personal circumstances, such as a divorce, can quickly put somebody behind on their bills. With personal consumer debt becoming an increasing concern for Canadians, Consumer Protection BC (CPBC) has noticed a growing number of new businesses entering the marketplace offering a variety of debt repayment or “debt solution” options.

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How Credit Counselling Works

 

What is Credit Counselling

Credit Counselling is the process that combines Credit Education and Debt Relief through Debt Management Programs. Recently, Canadian Credit Counselling has seen an influx of large American Debt Settlement companies. Some “non-profit” Credit Counseling and Debt Consolidation operations have been investigated by American authorities with results that question their desire to help, rather than hinder the consumer.

We believe our Canadian Credit Counsellors are among the best of the best – it’s your financial future don’t settle for less!

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WHAT PEOPLE ARE SAYING

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