Explore All Your Options – Find What Will Work Best for You
When you’re dealing with bad credit, one size does not fit all. Everyone’s situation is different. So you can’t use the same cookie cutter approach that banks and credit card companies do when they lend out money. You have to look at each person’s situation on a case-by-case basis, look at their entire financial picture, and then explore all available options to get their finances back on track. With a Credit Counsellor’s guidance,
the best option can be identified and a plan can be created to get that individual out of debt. This is what Credit Counsellors do every day with hundreds of people across Canada. It’s their job, and most of them are really good at it.
Credit Counsellors also have intimate knowledge of
special repayment options that the majority of people – even most bankers – are not aware of. Within these options, two programs tend to attract the most attention: a Debt Management Program and a Consumer Proposal.
Both programs can be ideal for providing debt help, interest relief, and the consolidation of debt payments for people with bad credit.
Both programs have advantages – like the elimination of interest and one affordable monthly payment – and disadvantages. If one of these programs is right for your situation, it can be a powerful tool to provide you with the helping hand you need to get your finances back on track and set you back on course toward achieving your financial goals faster than anything else out there – especially for people with bad credit.
The Best People to Talk to About Bad Credit Debt Help
When you’re struggling with your finances and need some help, the last thing you need is for some salesperson to sell you a “solution” that works for them but not for you. For this reason we almost always recommend that someone
looking for bad credit debt help first speak with a non-profit Credit Counsellor who works for an organization that is accredited by
Credit Counselling Canada, the national non-profit credit counselling association with the highest accreditation standards in Canada.
Credit Counselling Canada member agencies are not allowed to pay their Credit Counsellors on commission. This means their Counsellors will not benefit financially from whatever decision you decide to make. While anyone can claim to be unbiased and helpful, in our view this is the only sure-fire way to make sure the advice you are given is as objective as possible. Credit Counselling Canada also requires member agencies to make sure their Credit Counsellors are professionally accredited. This also helps to ensure you will be dealing with a well trained, knowledgeable professional and not a salesperson.
Click here to find a non-profit Credit Counsellor near you.
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