Customers learn more about debt settlement and debt consolidation as well as alternatives such as bankruptcy and consumer proposal.The Society also offers referral services and advice, budgeting assistance, money management education, and more.Consolidation helps heavily indebted borrowers to reduce their debt burden and repay all outstanding balances faster, making payments more manageable and easier to keep up with.What Is Debt Consolidation Consolidation is an alternative to bankruptcy and a form of refinancing, the ultimate goal being debt relief.Customers are offered different debt solutions and financial advice on marriage and money issues, planning for retirement, ways to rebuild and build credit, how to consolidate and manage debt, and a lot more.The goal is to help customers to improve their financial literacy and avoid excessive debt.This is a process that combines two or more debts into a single balance to reduce the payment or interest rate.This is one alternative to consumer proposal that helps borrowers manage credit card, consumer, student loan, and other types of debt that are not tied to a guarantee or collateral.
Consolidated Credit Counseling Services of Canada has helped many customers to reduce and eliminate their debt burden.
Free debt analysis is offered online as an added benefit.
Credit counseling is one option to deal with excessive debt and learn how to manage debt and your finances.
Borrowers no longer receive multiple calls from financial institutions and enjoy an affordable monthly payment.
They are offered debt management and budget information for free and learn how to cope with stress.
By consolidating all of your debts into a personal loan you can spread out your payments over a term of 5 years with fixed payment amounts.