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Free Debt Consolidation
No contact details required to find out if you qualify
Are you feeling the burden of having a huge debt? Are you unsure of what to do to get back on track and control your finances? If you are looking for a solution to eliminate your debt, credit counseling can help you find the answers to your questions. We will break down what credit counseling services are and how it works in Canada.
Know more about us and what we can do by clicking on the button below…
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Credit counseling is a process or program to help debtors gain financial education, budgeting, and guidance to reduce and eliminate debt.
If you are having trouble paying your debt or have experienced an unexpected financial downshift due to COVID, you may want to talk to a Credit Counselling agency to help you fix things up. There are generally no qualifications to take on a credit counseling service in Canada.
1. Personal Counselling (One-on-one)
2. Seminars on budgeting, how to use a credit card wisely, and more financial educational tips.
3. Debt Relief programs
Both non-profit organizations and for-profit organizations offer credit counseling services to help Canadians handle or manage their debt wisely.
A reputable organization must have good standing at a provincial or national level, as most associations require members to maintain a specific standard of practice.
To check if there are complaints raised against a certain agency, check the below links:
It is also smart to look into how they are advertising their services. Some of the companies may claim the following:
It’s your obligation to know the service costs of a credit counseling service, know if they offer a free consultation, the types of services they offer, a concrete proposal of how they will go about helping you eliminate debt in a document format, do they provide support to help you manage finances, and are they going to provide a monthly statement of account to prove that the payments are being allocated to your creditors as discussed.
It depends on each individual’s situation. The factors that affect the length or duration of the programs are the amount you owe, the schedule of payments you have agreed with your credit counselor, and the number of interests your creditor is willing to reduce.
Your credit rating has been damaged by missing your debt payments already, and going to a credit counseling company to consult your options won’t affect your credit score. But keep in mind, entering into a debt settlement or debt management might affect your credit in a way.
A credit counseling agency can work on your behalf. They will be the ones to discuss your debt repayments with your creditors so you can sit back and have peace of mind.
Credit Counsellors will help you create a personalized debt repayment plan to propose to your creditors. This debt management program will be based on your capacity to sustain long term reasonable payment. Once your program starts, your creditors will stop contacting you, and the interests of your old debts will stop accumulating.
Everyone’s financial situation is unique. Before jumping into a conclusion and deciding, it is best to talk to different sources to learn how they will help you get out of a sticky situation.
Compare your options from each company offering you a debt settlement or debt management program and decide which is the best option that suits your budget.
We at National Debt Relief Services work for you, not for any creditors, therefore you are assured that the debt management program we will be creating is in your favor, and can guarantee efficiency.
Click on the below button to get started now and take advantage of our Free Consultation. We understand COVID is still a threat, don’t worry you don’t need to leave your home to discuss your options. Our free consultation can be done through phone call or zoom.
To know more what you can benefit from our Ontario Debt Relief Program, simply try our Debt Consolidation Calculator below and one of our debt specialists will get in touch with you and provide you the best debt relief option that fits your situation.
No contact details required to find out if you qualify
We will help you reduce as much as 75% of your debts and consolidate it into a single affordable monthly payment. Your creditors will stop harassing you and all interest will freeze if you get into our Ontario Government Debt Relief Program.
Many Ontarians are already benefiting from our Debt Relief Program, YOU should too!
Find out how much you can write off portion of your debts by getting your Free Savings Estimate below. A debt specialist from National Debt Relief Services in Ontario will discuss all options and provide you tailor-fitted Debt Relief Program.
SEE IF YOU QUALIFY TO:
No contact details required to find out if you qualify
A Debt Consolidation is a negotiated debt settlement offer made between you and your creditors with the help of a Debt Relief Agency in Ontario. Some key benefits of Debt Consolidation are interest-free program, no upfront fee required, combined monthly payment into one affordable amount, no lawsuits, and many more.
Yes, your assets are safe from creditors. A licensed debt relief agency in Ontario will help you come up with an offer to your creditors that will make sure your assets will be out of the paper.
No, in fact, this is one of the great advantages of a Debt Consolidation Program. All wage garnishment will stop from the day you filed the proposal.
The effect on your credit score is not going to be severe. Your credit score will most probably go to R7 Rating and will remain in your credit report for another 3 years after you completed the program. This means that it will not be permanent and you will still be able to rebuild your credit score.
This varies depending on the proposal you will be discussing with the help of a certified debt relief agency. It is also worth noting that debt consolidation cannot exceed more than 5 years.
If a debt is shared, you need to file a joint debt consolidation offer to your creditors. However, in most cases, in which the debts are individually incurred will have no impact on your spouse.
After three missed payments, your debt arrangement with creditors will be broken and you will end up getting chased again for the original debt amount plus interest.
A debt consolidation offer can be paid off earlier if you can. In this way, you receive your “Certificate of Completion” sooner and you can immediately start rebuilding your credit score.
National Debt Relief Services Ontariois a certified Canadian Debt Relief Agency that offers FREE CONSULTATION to your debt consolidation needs. We value the trust given to us by our clients by making sure your personal information is confidential and private. Our personalized plans are designed to tailor fit your financial capacity. Our specialists will get in touch with you by simply answering a few questions thru the link provided below.
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